Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Megastar Foods Limited

MEGASTAR.BO•BSE
Consumer Defensive
Packaged Foods
₹224.90
₹0.00(0.00%)
Indian Market opens in NaNh NaNm

Megastar Foods Limited (MEGASTAR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Megastar Foods Limited (BSE:MEGASTAR.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MEGASTAR.BO Technical Analysis Summary

Megastar Foods Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.65)
Trend Strength:Weak (ADX: 17.13)
Volatility:Medium (ATR: 9.01)
Support/Resistance:$205.01 – $248.34 (Bollinger Bands)

This mix signals that Megastar Foods Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.65

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 54.01

Neutral
Mid-range signal with no clear trend.

Williams %R: -39.98

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 11.40

Strongly Bullish
Strong upside momentum.

Takeaway:Megastar Foods Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.31

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.13

Weak
Weak trend, market trading sideways.

ATR (14): 9.01

Rising
Rising volatility, market activity increasing.

CCI (14): -33.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:Megastar Foods Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$248.34
Middle Band (SMA 20)
$226.67
Lower Band
$205.01
Current Position
Within Bands

Takeaway:Megastar Foods Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$247.12
Middle Line (EMA 20)
$229.10
Lower Channel
$211.07
Squeeze Status
No Squeeze

Takeaway:Megastar Foods Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-40.05K
Money Flow Index88.10Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index56.59Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MEGASTAR.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Megastar Foods Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Megastar Foods Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ