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(MEGASTAR) Megastar Foods complete technical analysis [charts+indicators] | Buy/Sell Megastar Foods | (MEGASTAR) share price targets

Complete technical analysis of Megastar Foods (MEGASTAR) by charts plus indicators, forecast predictions and share price targets for Megastar Foods (MEGASTAR)

Showing technical analysis as on 2024-08-14 View latest technical analysis

10 day averaged volume of Megastar Foods is 12449

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	305.60	303.70	309.80	293.10	0.666 times
13 Tue Aug 2024	302.15	306.95	309.50	295.10	0.604 times
12 Mon Aug 2024	306.45	295.00	310.20	286.55	2.311 times
09 Fri Aug 2024	310.20	301.10	320.00	301.10	1.613 times
08 Thu Aug 2024	301.10	297.75	304.00	293.80	0.553 times
07 Wed Aug 2024	293.35	284.10	295.00	281.95	1.347 times
06 Tue Aug 2024	282.65	282.80	293.00	280.20	0.531 times
05 Mon Aug 2024	282.80	296.10	302.00	281.20	1.197 times
02 Fri Aug 2024	300.60	295.60	305.95	295.60	0.526 times
01 Thu Aug 2024	298.30	303.00	308.40	296.35	0.76 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 307.5 as stoploss in an intra day sell trade for a target of 300.03. However, stock will show a bullish move above 307.5.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	215.00
Downside Target	242.10
Downside Target	248.00
Downside Target	266.00
Downside Target	272.30
Downside Target	280.20
Downside Target	286.55
Downside Target	298.40
Upside Target	308.95
Upside Target	314.30
Upside Target	320.00
Upside Target	374.50

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	291.37
Downside Intraday Target	277.13
Upside Intraday Target	315.02
Upside Intraday Target	324.43
Downside Intraday Target	300.78

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	305.60	295.00	310.20	286.55	0.683 times
09 Fri Aug 2024	310.20	296.10	320.00	280.20	1.648 times
02 Fri Aug 2024	300.60	308.90	312.30	292.00	0.368 times
26 Fri Jul 2024	307.25	292.05	314.30	272.30	0.285 times
19 Fri Jul 2024	292.05	363.95	374.50	288.30	0.98 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Megastar Foods (MEGASTAR)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	305.60	303.00	320.00	280.20	0.134 times
31 Wed Jul 2024	302.35	253.25	374.50	248.00	5.18 times
28 Fri Jun 2024	252.98	258.00	266.00	215.00	0.881 times
31 Fri May 2024	247.75	292.90	298.40	242.10	1.283 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Megastar Foods (MEGASTAR)

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megastar Foods stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megastar Foods in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megastar Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megastar Foods in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megastar Foods is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 299.73 and Megastar Foods (MEGASTAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Megastar Foods (MEGASTAR) stock. Volume based technical analysis of Megastar Foods (MEGASTAR) stock is negative.

Megastar Foods Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.