Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-11 View latest technical analysis

10 day averaged volume of Megastar Foods is 11905

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	313.15	332.75	332.75	310.55	1.383 times
07 Thu Mar 2024	323.15	317.75	330.05	316.85	0.485 times
06 Wed Mar 2024	320.60	334.05	334.05	318.60	1.397 times
05 Tue Mar 2024	333.35	336.65	338.30	329.70	0.43 times
04 Mon Mar 2024	337.15	341.00	343.25	336.10	0.461 times
02 Sat Mar 2024	343.20	341.95	344.85	332.20	0.098 times
01 Fri Mar 2024	339.00	347.00	347.00	336.55	0.601 times
29 Thu Feb 2024	340.45	340.15	347.65	335.20	0.432 times
28 Wed Feb 2024	347.60	339.00	352.95	330.00	3.071 times
27 Tue Feb 2024	338.95	349.00	349.00	336.00	0.976 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 313, for a target of 326.9 or 338.56

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	280.95
Downside Target	305.90
Upside Target	316.85
Upside Target	330.00
Upside Target	352.55
Upside Target	356.90
Upside Target	360.50
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	304.88
Downside Intraday Target	296.62
Upside Intraday Target	327.08
Upside Intraday Target	341.02
Upside Intraday Target	318.82

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	313.15	332.75	332.75	310.55	0.499 times
07 Thu Mar 2024	323.15	341.00	343.25	316.85	0.384 times
02 Sat Mar 2024	343.20	359.00	360.50	330.00	0.288 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

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
11 Mon Mar 2024	313.15	347.00	347.00	310.55	0.092 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
29 Fri Dec 2023	366.05	395.00	395.00	352.55	0.642 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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 334.17 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 negative.

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