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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 2024-11-29 View latest technical analysis

10 day averaged volume of Megastar Foods is 9598

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	219.50	225.00	230.00	218.00	1.603 times
28 Thu Nov 2024	224.15	227.80	227.80	220.40	0.453 times
27 Wed Nov 2024	224.80	222.35	231.70	221.00	1.041 times
26 Tue Nov 2024	222.35	230.50	232.15	218.30	1.742 times
25 Mon Nov 2024	227.10	230.80	239.45	225.10	0.687 times
22 Fri Nov 2024	227.55	230.95	234.40	226.20	0.888 times
21 Thu Nov 2024	230.15	231.40	232.25	225.30	0.279 times
19 Tue Nov 2024	231.60	238.35	242.55	226.00	1.034 times
18 Mon Nov 2024	235.85	230.00	239.90	225.05	1.017 times
14 Thu Nov 2024	231.10	235.55	243.05	226.85	1.438 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.1, but if it comes above 226.1, then a intra day buy could be more profitable.
If you take a sell trade below 226.1, then use 226.1 as stoploss and 214.8 as target. However if you take a buy trade in stock , then use 226.1 as stoploss and 235.45 as target.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.00
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	211.85
Downside Intraday Target	204.2
Upside Intraday Target	233.3
Upside Intraday Target	247.1
Upside Intraday Target	225.65

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	219.50	230.80	239.45	218.00	1.717 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, 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
29 Fri Nov 2024	219.50	251.00	259.95	218.00	0.385 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 gaining 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 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 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 226.74 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.