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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 2024-05-02 View latest technical analysis

10 day averaged volume of Megastar Foods is 5537

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	287.40	292.90	292.90	286.55	0.617 times
30 Tue Apr 2024	288.80	286.95	296.00	282.95	1.734 times
29 Mon Apr 2024	286.50	287.10	289.00	283.55	0.598 times
26 Fri Apr 2024	284.05	289.00	292.95	283.00	0.953 times
25 Thu Apr 2024	287.50	288.95	294.95	284.80	1.424 times
24 Wed Apr 2024	291.55	283.25	295.00	283.00	1.512 times
23 Tue Apr 2024	282.40	284.30	284.30	280.20	0.543 times
22 Mon Apr 2024	280.10	280.00	285.15	277.05	0.698 times
19 Fri Apr 2024	277.65	279.90	286.90	273.20	1.246 times
18 Thu Apr 2024	282.40	283.50	287.45	277.05	0.895 times

My analysis of stock is bullish for shortterm, and stock might move up till 291.8 or till 298.1. Use a stoploss of 286.58 and if this stock hits its stoploss, then it can fall down till 281.33

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	261.15
Downside Target	273.20
Upside Target	296.00
Upside Target	305.05
Upside Target	305.90
Upside Target	308.95
Upside Target	347.00
Upside Target	352.00
Upside Target	369.95
Upside Target	380.00

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	281.57
Downside Intraday Target	275.73
Upside Intraday Target	294.62
Upside Intraday Target	301.83
Upside Intraday Target	288.78

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	287.40	287.10	296.00	282.95	0.575 times
26 Fri Apr 2024	284.05	280.00	295.00	277.05	1.233 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

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
02 Thu May 2024	287.40	292.90	292.90	286.55	0.021 times
30 Tue Apr 2024	288.80	269.00	308.95	266.35	0.362 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

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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 BUY. Signal strength is Weak 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megastar Foods in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 285.51 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.