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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)

10 day averaged volume of Megastar Foods is 16682

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	243.13	232.00	249.50	231.32	2.907 times
10 Tue Dec 2024	228.65	233.00	233.00	227.06	0.49 times
09 Mon Dec 2024	233.08	235.82	238.38	230.12	0.616 times
06 Fri Dec 2024	234.59	236.99	241.16	233.05	0.221 times
05 Thu Dec 2024	236.99	237.06	240.95	235.00	0.19 times
04 Wed Dec 2024	237.28	236.00	240.26	232.83	0.782 times
03 Tue Dec 2024	235.54	232.96	237.00	230.00	1.074 times
02 Mon Dec 2024	229.69	221.21	239.45	219.00	4.845 times
29 Fri Nov 2024	219.50	225.00	230.00	218.00	0.922 times
28 Thu Nov 2024	224.15	227.80	227.80	220.40	0.261 times

Stock of Megastar Foods (MEGASTAR) has showed a significant upmove. This could be a good time to enter in 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 244.4, for a target of 237.3 or 231.36

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.00
Downside Target	225.05
Downside Target	239.45
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	230.29
Downside Intraday Target	217.46
Upside Intraday Target	252.73
Upside Intraday Target	262.34
Downside Intraday Target	239.9

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	243.13	235.82	249.50	227.06	0.564 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
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

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
11 Wed Dec 2024	243.13	221.21	249.50	219.00	1.146 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 Strong 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. 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 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 233.31 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.