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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 2024-12-10 View latest technical analysis

10 day averaged volume of Megastar Foods is 17536

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	228.65	233.00	233.00	227.06	0.466 times
09 Mon Dec 2024	233.08	235.82	238.38	230.12	0.586 times
06 Fri Dec 2024	234.59	236.99	241.16	233.05	0.21 times
05 Thu Dec 2024	236.99	237.06	240.95	235.00	0.181 times
04 Wed Dec 2024	237.28	236.00	240.26	232.83	0.744 times
03 Tue Dec 2024	235.54	232.96	237.00	230.00	1.022 times
02 Mon Dec 2024	229.69	221.21	239.45	219.00	4.609 times
29 Fri Nov 2024	219.50	225.00	230.00	218.00	0.877 times
28 Thu Nov 2024	224.15	227.80	227.80	220.40	0.248 times
27 Wed Nov 2024	224.80	222.35	231.70	221.00	0.57 times

My analysis of stock is bearish for shortterm, and stock might move down till 225.5 or till 218.8. Use a stoploss of 231.2 and if the stock hits stoploss, then it can shoot up till 236.85

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	218.00
Downside Target	225.05
Upside Target	238.38
Upside Target	242.55
Upside Target	247.00
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	224.35
Downside Intraday Target	220.04
Upside Intraday Target	235.67
Upside Intraday Target	242.68
Upside Intraday Target	231.36

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	228.65	235.82	238.38	227.06	0.156 times
06 Fri Dec 2024	234.59	221.21	241.16	219.00	2.236 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

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
10 Tue Dec 2024	228.65	221.21	241.16	219.00	0.846 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 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 gaining 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 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 229.94 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.