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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 2025-01-29 View latest technical analysis

10 day averaged volume of Megastar Foods is 13071

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	239.01	238.75	244.00	235.15	18.91 times
28 Tue Jan 2025	233.26	246.95	246.95	224.00	0.759 times
27 Mon Jan 2025	243.40	239.00	250.00	230.02	0.476 times
24 Fri Jan 2025	245.44	253.01	254.29	241.10	0.98 times
23 Thu Jan 2025	250.38	251.12	257.00	248.21	0.776 times
22 Wed Jan 2025	254.52	263.00	264.58	245.66	0.743 times
21 Tue Jan 2025	265.77	266.17	272.85	261.61	0.531 times
20 Mon Jan 2025	269.76	263.24	283.00	255.00	3.406 times
17 Fri Jan 2025	262.16	260.31	268.60	260.31	0.35 times
16 Thu Jan 2025	263.54	266.00	269.87	262.00	0.623 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 245.2, but if it comes above 245.2, then a intra day buy could be more profitable.
If you take a sell trade below 245.2, then use 245.2 as stoploss and 224.3 as target. However if you take a buy trade in stock , then use 245.2 as stoploss and 262.6 as target.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	216.00
Upside Target	241.10
Upside Target	249.50
Upside Target	259.95
Upside Target	271.05
Upside Target	272.92
Upside Target	280.99
Upside Target	283.00
Upside Target	296.00
Upside Target	310.50
Upside Target	330.00

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	225.34
Downside Intraday Target	211.67
Upside Intraday Target	251.34
Upside Intraday Target	263.67
Downside Intraday Target	237.67

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	239.01	239.00	250.00	224.00	3.129 times
24 Fri Jan 2025	245.44	263.24	283.00	241.10	1.373 times
17 Fri Jan 2025	262.16	271.40	272.92	253.31	0.168 times
10 Fri Jan 2025	273.27	283.99	310.50	271.05	1.085 times
03 Fri Jan 2025	274.17	227.25	280.99	216.00	2.551 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 Wed Jan 2025	239.01	226.85	310.50	221.35	2.33 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, 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 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 neutral. A longer time frame might give a better analysis.

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 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 but BUY signal is weak.

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 245.06 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 positive

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