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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 2024-09-26 View latest technical analysis

10 day averaged volume of Megastar Foods is 36374

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	289.30	296.95	299.00	287.20	0.67 times
25 Wed Sep 2024	300.65	267.10	318.00	267.05	8.205 times
24 Tue Sep 2024	265.70	270.50	278.00	265.10	0.175 times
23 Mon Sep 2024	269.10	270.70	274.70	266.30	0.201 times
20 Fri Sep 2024	269.30	270.75	276.00	267.80	0.2 times
19 Thu Sep 2024	269.80	275.45	279.65	268.80	0.209 times
18 Wed Sep 2024	274.45	283.40	284.75	272.20	0.345 times
17 Tue Sep 2024	283.40	289.25	290.70	280.10	0.172 times
16 Mon Sep 2024	287.75	291.20	301.00	285.10	0.252 times
13 Fri Sep 2024	293.85	299.50	299.50	293.00	0.098 times

My analysis of stock is bearish for shortterm, and stock might move down till 276.8 or till 258.9. Use a stoploss of 291.6 and if the stock hits stoploss, then it can shoot up till 306.45

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
Upside 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	263.6
Downside Intraday Target	237.9
Upside Intraday Target	316.5
Upside Intraday Target	343.7
Upside Intraday Target	290.8

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	289.30	270.70	318.00	265.10	7.85 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
26 Thu Sep 2024	289.30	294.25	330.00	265.10	2.164 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 down 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal for Megastar Foods in short term but the buy 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megastar Foods in short term but SELL signal is weak.

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 296.02 and Megastar Foods (MEGASTAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.