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Stock analysis Megastar Foods Limited MEGASTAR

More indepth analysis on MunafaSutra.com

Moving Averages for Megastar Foods Limited

  • 5Day Average: 245.4
  • 12Day Average: 255.69
  • 20Day Average: 263.44
  • 50Day Average: 243.44
  • 100Day Average: 251.2
  • 150Day Average: 266.85
  • 200Day Average: 265.94

MEGASTAR Indicators & signals

Indicator MACD (12,26,9)

252.41, 252.71, 4.15
Indicator MACD is in negative zone

Indicator ADX (14)

16.79, 17.73, 24.89
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MEGASTAR Megastar Foods Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Tue Jan 2025 233.26 224.00 to 246.95 -4.17% 0.75 times
27 Mon Jan 2025 243.40 230.02 to 250.00 -0.83% 0.47 times
24 Fri Jan 2025 245.44 241.10 to 254.29 -1.97% 0.97 times
23 Thu Jan 2025 250.38 248.21 to 257.00 -1.63% 0.77 times
22 Wed Jan 2025 254.52 245.66 to 264.58 -4.23% 0.74 times
21 Tue Jan 2025 265.77 261.61 to 272.85 -1.48% 0.53 times
20 Mon Jan 2025 269.76 255.00 to 283.00 2.9% 3.38 times
17 Fri Jan 2025 262.16 260.31 to 268.60 -0.52% 0.35 times
16 Thu Jan 2025 263.54 262.00 to 269.87 0.82% 0.62 times
15 Wed Jan 2025 261.40 257.50 to 267.99 -0.49% 1.35 times
14 Tue Jan 2025 262.70 256.02 to 268.99 2.64% 0.82 times
13 Mon Jan 2025 255.95 253.31 to 272.92 0% 1.52 times

Technical analysis forecast for Megastar Foods Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Megastar Foods Limited MEGASTAR at this time. Stock is falling and might fall more.

It appears as if Megastar Foods Limited MEGASTAR gave a large move recently.

Stock of Megastar Foods Limited (MEGASTAR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Megastar Foods Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Megastar Foods Limited stays below 236.8, but if it comes above 236.8, then a intra day buy could be more profitable.
If you take a sell trade below 236.8, then use 236.8 as stoploss and 216.9 as target. However if you take a buy trade in Megastar Foods Limited, then use 236.8 as stoploss and 253.48 as target.

More indepth analysis on MunafaSutra.com