Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-25 View latest technical analysis

10 day averaged volume of Megastar Foods is 9926

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	243.75	246.30	246.30	226.40	2.228 times
24 Thu Oct 2024	244.80	248.80	253.95	244.10	0.615 times
23 Wed Oct 2024	246.90	242.70	257.00	240.10	1.467 times
22 Tue Oct 2024	238.00	246.00	248.25	231.15	0.533 times
21 Mon Oct 2024	244.80	253.80	255.80	243.55	0.875 times
18 Fri Oct 2024	253.55	244.75	258.00	244.55	0.6 times
17 Thu Oct 2024	246.05	247.15	249.90	242.05	0.184 times
16 Wed Oct 2024	247.10	245.90	249.65	242.05	0.583 times
15 Tue Oct 2024	246.90	249.00	249.90	243.45	0.82 times
14 Mon Oct 2024	244.60	249.85	249.85	242.00	2.835 times

Stock of Megastar Foods (MEGASTAR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 241.7 as stoploss in an intra day buy trade for a target of 254.72. However, stock will show a bearish move below 241.7.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	215.00
Downside Target	226.40
Downside Target	242.00
Upside Target	257.00
Upside Target	264.50
Upside Target	280.20
Upside Target	288.00
Upside Target	296.00
Upside Target	300.70
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	227.77
Downside Intraday Target	211.78
Upside Intraday Target	258.37
Upside Intraday Target	272.98
Downside Intraday Target	242.38

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	243.75	253.80	257.00	226.40	1.138 times
18 Fri Oct 2024	253.55	249.85	258.00	242.00	0.343 times
11 Fri Oct 2024	248.60	262.00	288.00	245.00	2.181 times
04 Fri Oct 2024	266.10	280.50	300.70	264.50	0.187 times
27 Fri Sep 2024	279.05	270.70	318.00	265.10	8.313 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
25 Fri Oct 2024	243.75	283.10	296.00	226.40	0.499 times
30 Mon Sep 2024	281.60	294.25	330.00	265.10	2.389 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

Scroll below to view daily charts

Price has moved down 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 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 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 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 SELL. 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. Bulls are getting stronger in this stock.

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 and SELL 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 245.27 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.