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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 2025-01-06 View latest technical analysis

10 day averaged volume of Megastar Foods is 47512

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	273.35	283.99	298.90	271.25	2.609 times
03 Fri Jan 2025	274.17	244.00	280.99	244.00	3.348 times
02 Thu Jan 2025	243.72	235.35	245.50	230.25	0.423 times
01 Wed Jan 2025	234.55	226.85	257.00	221.35	1.821 times
31 Tue Dec 2024	223.95	222.00	226.24	216.00	0.257 times
30 Mon Dec 2024	221.65	227.25	229.75	220.02	1.227 times
27 Fri Dec 2024	221.55	224.57	227.25	216.41	1.576 times
26 Thu Dec 2024	226.03	234.90	234.90	224.00	0.615 times
24 Tue Dec 2024	229.94	229.78	230.79	225.22	0.489 times
23 Mon Dec 2024	231.07	232.06	235.00	228.13	0.093 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 266.4, for a target of 249.7 or 235.71

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	216.00
Downside Target	226.40
Downside Target	235.00
Downside Target	241.78
Downside Target	249.50
Downside Target	259.95
Downside Target	265.10
Downside Target	271.25
Upside Target	280.99
Upside Target	296.00
Upside Target	298.90
Upside Target	330.00

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	263.43
Downside Intraday Target	253.52
Upside Intraday Target	291.08
Upside Intraday Target	308.82
Upside Intraday Target	281.17

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	273.35	283.99	298.90	271.25	0.369 times
03 Fri Jan 2025	274.17	227.25	280.99	216.00	2.551 times
27 Fri Dec 2024	221.55	232.06	235.00	216.41	4.513 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

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
06 Mon Jan 2025	273.35	226.85	298.90	221.35	0.874 times
31 Tue Dec 2024	223.95	221.21	249.50	216.00	2.753 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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Megastar Foods stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Megastar Foods in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 249.87 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.