(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 2024-02-27 View latest technical analysis
10 day averaged volume of Megastar Foods is 45443
Date | Daily Closing Price | Open | High | Low | Volume |
27 Tue Feb 2024 | 338.95 | 349.00 | 349.00 | 336.00 | 0.256 times |
26 Mon Feb 2024 | 347.50 | 359.00 | 360.50 | 346.35 | 0.537 times |
23 Fri Feb 2024 | 356.20 | 357.95 | 360.95 | 343.15 | 0.581 times |
22 Thu Feb 2024 | 350.55 | 360.05 | 368.20 | 346.00 | 2.324 times |
21 Wed Feb 2024 | 354.60 | 345.00 | 369.95 | 342.15 | 3.128 times |
20 Tue Feb 2024 | 345.40 | 345.00 | 353.25 | 344.00 | 0.28 times |
19 Mon Feb 2024 | 348.20 | 349.00 | 354.80 | 338.20 | 0.26 times |
16 Fri Feb 2024 | 346.15 | 333.10 | 350.95 | 332.05 | 0.341 times |
15 Thu Feb 2024 | 334.25 | 329.75 | 356.90 | 327.00 | 1.251 times |
14 Wed Feb 2024 | 329.75 | 310.00 | 333.90 | 305.90 | 0.651 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 336.4 as stoploss in an intra day buy trade for a target of 346.43. However, stock will show a bearish move below 336.4.
Share price targets for Megastar Foods (MEGASTAR)
Target Type | Value |
Downside Target | 276.10 |
Downside Target | 305.90 |
Downside Target | 319.90 |
Downside Target | 336.00 |
Upside Target | 352.00 |
Upside Target | 360.50 |
Upside Target | 369.30 |
Upside Target | 369.95 |
Upside Target | 380.00 |
Upside Target | 395.00 |
Upside Target | 404.95 |
Intraday share price targets for Megastar Foods (MEGASTAR)
Target Type | Value |
Downside Intraday Target | 329.8 |
Downside Intraday Target | 320.65 |
Upside Intraday Target | 354.3 |
Upside Intraday Target | 369.65 |
Upside Intraday Target | 345.15 |
Weekly technical analysis of Megastar Foods (MEGASTAR)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Tue Feb 2024 | 338.95 | 359.00 | 360.50 | 336.00 | 0.121 times |
23 Fri Feb 2024 | 356.20 | 349.00 | 369.95 | 338.20 | 2.09 times |
16 Fri Feb 2024 | 346.15 | 340.40 | 356.90 | 305.90 | 1.692 times |
09 Fri Feb 2024 | 340.45 | 354.90 | 359.00 | 339.00 | 1.122 times |
02 Fri Feb 2024 | 354.90 | 362.95 | 369.30 | 352.80 | 1.134 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 |
27 Tue Feb 2024 | 338.95 | 361.05 | 369.95 | 305.90 | 1.48 times |
31 Wed Jan 2024 | 364.60 | 365.00 | 380.00 | 352.00 | 0.446 times |
29 Fri Dec 2023 | 366.05 | 395.00 | 395.00 | 352.55 | 0.642 times |
30 Thu Nov 2023 | 384.75 | 289.90 | 404.95 | 280.95 | 7.483 times |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 347.83 and Megastar Foods (MEGASTAR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 347.83 and Megastar Foods (MEGASTAR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Megastar Foods charts
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Daily charts
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