(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 5152
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Mon Dec 2022||244.95||244.25||244.95||240.00||0.562 times|
|02 Fri Dec 2022||240.65||240.00||245.95||238.00||0.919 times|
|01 Thu Dec 2022||240.40||247.00||247.00||232.55||1.202 times|
|30 Wed Nov 2022||244.05||246.95||248.00||235.00||1.24 times|
|29 Tue Nov 2022||241.15||249.30||249.30||235.40||1.046 times|
|28 Mon Nov 2022||244.35||254.40||254.40||240.40||1.261 times|
|25 Fri Nov 2022||250.15||251.95||252.00||242.00||1.001 times|
|24 Thu Nov 2022||250.00||255.55||255.55||246.50||0.523 times|
|23 Wed Nov 2022||251.45||251.00||256.70||251.00||0.995 times|
|22 Tue Nov 2022||256.40||274.50||274.50||254.00||1.007 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 244.7 as stoploss in an intra day buy trade for a target of 255.94. However, stock will show a bearish move below 244.7.
Share price targets for Megastar Foods (MEGASTAR_BE)
Intraday share price targets for Megastar Foods (MEGASTAR_BE)
|Downside Intraday Target||241.65|
|Downside Intraday Target||238.35|
|Upside Intraday Target||246.6|
|Upside Intraday Target||248.25|
|Downside Intraday Target||243.3|
Weekly technical analysis of Megastar Foods (MEGASTAR_BE)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Mon Dec 2022||244.95||244.25||244.95||240.00||0.099 times|
|02 Fri Dec 2022||240.65||254.40||254.40||232.55||1.308 times|
|25 Fri Nov 2022||250.15||275.60||275.60||242.00||0.272 times|
|18 Fri Nov 2022||270.65||268.85||276.55||248.65||2.636 times|
|11 Fri Nov 2022||263.40||289.95||289.95||255.20||0.221 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_BE)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|05 Mon Dec 2022||244.95||247.00||247.00||232.55||0.053 times|
|30 Wed Nov 2022||244.05||299.00||304.00||235.00||0.891 times|
|31 Mon Oct 2022||290.50||188.65||298.45||186.55||18.874 times|
|30 Fri Sep 2022||197.60||194.45||210.00||186.00||0 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_BE)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||11, 18, 24||Sell|
Price action analysis of Megastar Foods ( (MEGASTAR_BE) ) 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_BE) ) 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_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
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 but the sell signal is initial and weak.
Megastar Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 246.03 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.