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(MEGASTAR_BE) Megastar Foods complete technical analysis [charts+indicators] | Buy/Sell Megastar Foods | (MEGASTAR_BE) share price targets

Complete technical analysis of Megastar Foods (MEGASTAR_BE) by charts plus indicators, forecast predictions and share price targets for Megastar Foods (MEGASTAR_BE)

10 day averaged volume of Megastar Foods is 12436

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	290.95	288.00	293.40	285.45	0.165 times
21 Thu Sep 2023	288.00	290.00	291.70	284.45	4.073 times
20 Wed Sep 2023	291.70	299.90	299.90	285.00	0.141 times
18 Mon Sep 2023	289.55	293.70	299.75	283.00	0.244 times
15 Fri Sep 2023	293.70	299.70	299.70	283.05	0.298 times
14 Thu Sep 2023	293.35	286.25	294.60	274.00	0.82 times
13 Wed Sep 2023	280.60	289.80	289.80	277.00	0.466 times
12 Tue Sep 2023	289.80	302.95	308.85	287.80	1.803 times
11 Mon Sep 2023	302.95	310.05	317.00	301.50	0.641 times
08 Fri Sep 2023	308.85	299.00	310.90	296.00	0.747 times

My analysis of stock is bearish for shortterm, and stock might move down till 286.2 or till 276.5. Use a stoploss of 294.29 and if the stock hits stoploss, then it can shoot up till 302.39

Share price targets for Megastar Foods (MEGASTAR_BE)

Target Type	Value
Downside Target	232.55
Downside Target	247.00
Downside Target	271.00
Upside Target	299.90
Upside Target	302.40
Upside Target	308.40
Upside Target	310.00
Upside Target	317.00
Upside Target	323.80
Upside Target	347.00

Intraday share price targets for Megastar Foods (MEGASTAR_BE)

Target Type	Value
Downside Intraday Target	282.67
Downside Intraday Target	274.38
Upside Intraday Target	299.57
Upside Intraday Target	308.18
Upside Intraday Target	291.28

Weekly technical analysis of Megastar Foods (MEGASTAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	290.95	293.70	299.90	283.00	1.148 times
15 Fri Sep 2023	293.70	310.05	317.00	274.00	1.42 times
08 Fri Sep 2023	308.85	323.00	323.80	286.20	2.125 times
01 Fri Sep 2023	308.40	280.05	308.40	280.05	0.827 times
25 Fri Aug 2023	279.45	275.20	279.45	271.00	0.171 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	290.95	308.40	323.80	274.00	0.854 times
31 Thu Aug 2023	302.40	290.95	302.40	271.00	0.806 times
31 Mon Jul 2023	292.30	295.00	347.00	281.00	5.471 times
30 Fri Jun 2023	293.90	310.00	310.00	278.65	2.787 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_BE)

Price action analysis of Megastar Foods ( (MEGASTAR_BE) ) 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_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Megastar Foods ( (MEGASTAR_BE) ) 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_BE) ) 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 SELL signal for Megastar Foods in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 291.45 and Megastar Foods (MEGASTAR_BE) 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_BE) stock. Volume based technical analysis of Megastar Foods (MEGASTAR_BE) 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.