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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 5481

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	291.55	283.25	295.00	283.00	1.527 times
23 Tue Apr 2024	282.40	284.30	284.30	280.20	0.549 times
22 Mon Apr 2024	280.10	280.00	285.15	277.05	0.705 times
19 Fri Apr 2024	277.65	279.90	286.90	273.20	1.258 times
18 Thu Apr 2024	282.40	283.50	287.45	277.05	0.905 times
16 Tue Apr 2024	282.10	282.80	283.95	279.05	0.402 times
15 Mon Apr 2024	281.30	285.00	285.95	274.05	1.638 times
12 Fri Apr 2024	289.05	286.55	291.00	283.70	1.069 times
10 Wed Apr 2024	285.10	293.40	293.40	280.05	1.492 times
09 Tue Apr 2024	291.90	298.20	301.20	290.30	1.186 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 291.8 as stoploss in an intra day sell trade for a target of 284.16. However, stock will show a bullish move above 291.8.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	261.15
Downside Target	273.20
Downside Target	287.45
Upside Target	305.05
Upside Target	308.95
Upside Target	347.00
Upside Target	352.00
Upside Target	352.55
Upside Target	369.95
Upside Target	380.00
Upside Target	395.00

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	280.73
Downside Intraday Target	269.92
Upside Intraday Target	298.68
Upside Intraday Target	305.82
Downside Intraday Target	287.87

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	291.55	280.00	295.00	277.05	0.662 times
19 Fri Apr 2024	277.65	285.00	287.45	273.20	0.925 times
12 Fri Apr 2024	289.05	300.90	305.05	280.05	0.35 times
05 Fri Apr 2024	299.35	269.00	308.95	266.35	0.47 times
28 Thu Mar 2024	264.35	292.95	292.95	261.15	1.491 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 Wed Apr 2024	291.55	269.00	308.95	266.35	0.303 times
28 Thu Mar 2024	264.35	347.00	347.00	261.15	0.703 times
29 Thu Feb 2024	340.45	361.05	369.95	305.90	1.585 times
31 Wed Jan 2024	364.60	365.00	380.00	352.00	0.446 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short 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.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short to mid 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 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 losing 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 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 SELL signal in short term but selling is losing 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 284.9 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 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.