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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 2024-12-26 View latest technical analysis

10 day averaged volume of Megastar Foods is 13425

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	226.03	234.90	234.90	224.00	2.175 times
24 Tue Dec 2024	229.94	229.78	230.79	225.22	1.732 times
23 Mon Dec 2024	231.07	232.06	235.00	228.13	0.33 times
20 Fri Dec 2024	229.17	230.86	237.55	228.30	0.535 times
19 Thu Dec 2024	228.76	221.55	231.59	221.55	0.287 times
18 Wed Dec 2024	230.55	232.96	237.06	229.01	0.329 times
17 Tue Dec 2024	234.44	239.00	239.00	232.65	0.548 times
16 Mon Dec 2024	235.99	241.77	241.78	232.56	0.475 times
13 Fri Dec 2024	237.92	237.79	240.89	228.00	0.953 times
12 Thu Dec 2024	232.60	244.00	244.00	231.94	1.199 times

Stock of Megastar Foods (MEGASTAR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.7, but if it comes above 226.7, then a intra day buy could be more profitable.
If you take a sell trade below 226.7, then use 226.7 as stoploss and 220.4 as target. However if you take a buy trade in stock , then use 226.7 as stoploss and 231.95 as target.

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	221.69
Downside Intraday Target	217.34
Upside Intraday Target	232.69
Upside Intraday Target	239.34
Upside Intraday Target	228.34

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	226.03	232.06	235.00	224.00	1.948 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 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
26 Thu Dec 2024	226.03	221.21	249.50	219.00	1.855 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 230.81 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.