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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 2024-12-02 View latest technical analysis

10 day averaged volume of Megastar Foods is 9775

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	229.69	221.21	239.45	219.00	8.268 times
29 Fri Nov 2024	219.50	225.00	230.00	218.00	1.574 times
28 Thu Nov 2024	224.15	227.80	227.80	220.40	0.445 times
27 Wed Nov 2024	224.80	222.35	231.70	221.00	1.023 times
26 Tue Nov 2024	222.35	230.50	232.15	218.30	1.71 times
25 Mon Nov 2024	227.10	230.80	239.45	225.10	0.675 times
22 Fri Nov 2024	227.55	230.95	234.40	226.20	0.872 times
21 Thu Nov 2024	230.15	231.40	232.25	225.30	0.274 times
19 Tue Nov 2024	231.60	238.35	242.55	226.00	1.016 times
18 Mon Nov 2024	235.85	230.00	239.90	225.05	0.999 times

Stock of Megastar Foods (MEGASTAR) has showed a significant upmove. This could be a good time to enter in 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 225.6 as stoploss in an intra day buy trade for a target of 234.41. However, stock will show a bearish move below 225.6.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.00
Downside Target	225.05
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

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	219.31
Downside Intraday Target	208.93
Upside Intraday Target	239.76
Upside Intraday Target	249.83
Downside Intraday Target	229.38

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	229.69	221.21	239.45	219.00	1.524 times
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

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
02 Mon Dec 2024	229.69	221.21	239.45	219.00	0.499 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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 and BUY 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

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 227.82 and Megastar Foods (MEGASTAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.