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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 2024-11-13 View latest technical analysis

10 day averaged volume of Megastar Foods is 11941

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	233.60	241.80	243.95	230.15	1.14 times
12 Tue Nov 2024	240.50	242.00	242.95	239.15	0.101 times
11 Mon Nov 2024	239.85	243.30	247.00	239.15	0.806 times
08 Fri Nov 2024	241.55	242.50	248.90	241.00	0.309 times
07 Thu Nov 2024	241.90	251.95	251.95	239.85	0.264 times
06 Wed Nov 2024	246.65	245.00	251.50	243.10	0.773 times
05 Tue Nov 2024	244.30	242.00	247.65	242.00	0.267 times
04 Mon Nov 2024	244.00	254.80	254.80	238.95	0.904 times
01 Fri Nov 2024	251.95	251.00	259.95	247.00	0.814 times
31 Thu Oct 2024	250.60	240.05	253.90	240.05	5.285 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 233.8, for a target of 239.3 or 244

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	226.40
Upside Target	238.95
Upside Target	247.00
Upside Target	254.80
Upside Target	259.95
Upside Target	265.10
Upside Target	280.20
Upside Target	296.00
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	226.83
Downside Intraday Target	220.07
Upside Intraday Target	243.68
Upside Intraday Target	253.77
Upside Intraday Target	236.92

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	233.60	243.30	247.00	230.15	0.813 times
08 Fri Nov 2024	241.55	254.80	254.80	238.95	0.206 times
01 Fri Nov 2024	251.95	230.15	259.95	230.15	2.576 times
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

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
13 Wed Nov 2024	233.60	251.00	259.95	230.15	0.153 times
31 Thu Oct 2024	250.60	283.10	296.00	226.40	0.738 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

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 to mid 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 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.

Megastar Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 246.5 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.