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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 2024-12-24 View latest technical analysis

10 day averaged volume of Megastar Foods is 11918

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	229.94	229.78	230.79	225.22	1.951 times
23 Mon Dec 2024	231.07	232.06	235.00	228.13	0.372 times
20 Fri Dec 2024	229.17	230.86	237.55	228.30	0.602 times
19 Thu Dec 2024	228.76	221.55	231.59	221.55	0.324 times
18 Wed Dec 2024	230.55	232.96	237.06	229.01	0.371 times
17 Tue Dec 2024	234.44	239.00	239.00	232.65	0.617 times
16 Mon Dec 2024	235.99	241.77	241.78	232.56	0.535 times
13 Fri Dec 2024	237.92	237.79	240.89	228.00	1.073 times
12 Thu Dec 2024	232.60	244.00	244.00	231.94	1.35 times
11 Wed Dec 2024	243.13	232.00	249.50	231.32	4.069 times

My analysis of stock is bearish for shortterm, and stock might move down till 226.6 or till 220.2. Use a stoploss of 231.89 and if the stock hits stoploss, then it can shoot up till 237.21

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.00
Upside Target	235.00
Upside Target	241.78
Upside Target	249.50
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	225.11
Downside Intraday Target	220.27
Upside Intraday Target	234.89
Upside Intraday Target	239.83
Upside Intraday Target	230.05

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	229.94	232.06	235.00	225.22	0.948 times
20 Fri Dec 2024	229.17	241.77	241.78	221.55	0.305 times
13 Fri Dec 2024	237.92	235.82	249.50	227.06	0.808 times
06 Fri Dec 2024	234.59	221.21	241.16	219.00	2.236 times
29 Fri Nov 2024	219.50	230.80	239.45	218.00	1.717 times

Price has moved up 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
24 Tue Dec 2024	229.94	221.21	249.50	219.00	1.675 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, and volume has increased substantially. This means that the move can 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 SELL. Signal strength is Weak 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. 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 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 236.3 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 is giving positive 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.