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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 2024-11-27 View latest technical analysis

10 day averaged volume of Megastar Foods is 9247

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	224.80	222.35	231.70	221.00	1.081 times
26 Tue Nov 2024	222.35	230.50	232.15	218.30	1.808 times
25 Mon Nov 2024	227.10	230.80	239.45	225.10	0.714 times
22 Fri Nov 2024	227.55	230.95	234.40	226.20	0.922 times
21 Thu Nov 2024	230.15	231.40	232.25	225.30	0.29 times
19 Tue Nov 2024	231.60	238.35	242.55	226.00	1.074 times
18 Mon Nov 2024	235.85	230.00	239.90	225.05	1.056 times
14 Thu Nov 2024	231.10	235.55	243.05	226.85	1.493 times
13 Wed Nov 2024	233.60	241.80	243.95	230.15	1.472 times
12 Tue Nov 2024	240.50	242.00	242.95	239.15	0.131 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 229.2, but if it comes above 229.2, then a intra day buy could be more profitable.
If you take a sell trade below 229.2, then use 229.2 as stoploss and 219 as target. However if you take a buy trade in stock , then use 229.2 as stoploss and 237.71 as target.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.30
Upside Target	225.05
Upside Target	238.95
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	215.58
Downside Intraday Target	206.37
Upside Intraday Target	236.73
Upside Intraday Target	248.67
Upside Intraday Target	227.52

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	224.80	230.80	239.45	218.30	1.078 times
22 Fri Nov 2024	227.55	230.00	242.55	225.05	0.808 times
14 Thu Nov 2024	231.10	243.30	247.00	226.85	1.273 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

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
27 Wed Nov 2024	224.80	251.00	259.95	218.30	0.338 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 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 losing momentum.

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

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megastar Foods in short term but BUY 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 229.25 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.