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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 2024-09-25 View latest technical analysis

10 day averaged volume of Megastar Foods is 7012

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	300.65	267.10	318.00	267.05	42.561 times
24 Tue Sep 2024	265.70	270.50	278.00	265.10	0.909 times
23 Mon Sep 2024	269.10	270.70	274.70	266.30	1.04 times
20 Fri Sep 2024	269.30	270.75	276.00	267.80	1.036 times
19 Thu Sep 2024	269.80	275.45	279.65	268.80	1.085 times
18 Wed Sep 2024	274.45	283.40	284.75	272.20	1.789 times
17 Tue Sep 2024	283.40	289.25	290.70	280.10	0.893 times
16 Mon Sep 2024	287.75	291.20	301.00	285.10	1.31 times
13 Fri Sep 2024	293.85	299.50	299.50	293.00	0.511 times
12 Thu Sep 2024	299.80	293.35	302.05	293.05	0.739 times

Stock of Megastar Foods (MEGASTAR) has showed a significant upmove. This could be a good time to enter in this stock!

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 306.9 as stoploss in an intra day sell trade for a target of 292.04. However, stock will show a bullish move above 306.9.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	215.00
Downside Target	242.10
Downside Target	248.00
Downside Target	265.10
Downside Target	280.20
Downside Target	290.60
Upside Target	308.95
Upside Target	314.90
Upside Target	318.00
Upside Target	321.00
Upside Target	330.00
Upside Target	374.50

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	271.17
Downside Intraday Target	241.68
Upside Intraday Target	324.07
Upside Intraday Target	347.48
Downside Intraday Target	294.58

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	300.65	270.70	318.00	265.10	7.281 times
20 Fri Sep 2024	269.30	291.20	301.00	267.80	1.516 times
13 Fri Sep 2024	293.85	310.30	314.90	293.00	0.258 times
06 Fri Sep 2024	308.70	294.25	330.00	290.60	3.18 times
30 Fri Aug 2024	293.75	308.95	308.95	292.50	0.521 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Megastar Foods (MEGASTAR)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	300.65	294.25	330.00	265.10	2.062 times
30 Fri Aug 2024	293.75	303.00	321.00	280.20	0.255 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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

Megastar Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and the buying is gaining 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 296.53 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 negative.

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