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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 2024-12-05 View latest technical analysis

10 day averaged volume of Megastar Foods is 17605

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	236.99	237.06	240.95	235.00	0.18 times
04 Wed Dec 2024	237.28	236.00	240.26	232.83	0.741 times
03 Tue Dec 2024	235.54	232.96	237.00	230.00	1.018 times
02 Mon Dec 2024	229.69	221.21	239.45	219.00	4.591 times
29 Fri Nov 2024	219.50	225.00	230.00	218.00	0.874 times
28 Thu Nov 2024	224.15	227.80	227.80	220.40	0.247 times
27 Wed Nov 2024	224.80	222.35	231.70	221.00	0.568 times
26 Tue Nov 2024	222.35	230.50	232.15	218.30	0.95 times
25 Mon Nov 2024	227.10	230.80	239.45	225.10	0.375 times
22 Fri Nov 2024	227.55	230.95	234.40	226.20	0.484 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 240 as stoploss in an intra day sell trade for a target of 232.89. However, stock will show a bullish move above 240.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.00
Downside Target	225.05
Upside Target	238.95
Upside Target	247.00
Upside Target	254.80
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	223.68
Downside Intraday Target	210.36
Upside Intraday Target	245.63
Upside Intraday Target	254.26
Downside Intraday Target	232.31

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	236.99	221.21	240.95	219.00	2.167 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
08 Fri Nov 2024	241.55	254.80	254.80	238.95	0.206 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Megastar Foods (MEGASTAR)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	236.99	221.21	240.95	219.00	0.71 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

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 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 228.78 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 negative.

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