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

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

10 day averaged volume of Ovobel Foods is 11692

Date Daily Closing Price Open High Low Volume
12 Fri Jul 2024 195.00 191.05 196.95 191.00 0.539 times
11 Thu Jul 2024 191.00 193.50 193.50 190.00 0.49 times
10 Wed Jul 2024 193.50 191.05 196.90 187.00 1.327 times
09 Tue Jul 2024 190.15 194.00 197.00 189.70 1.265 times
08 Mon Jul 2024 193.45 198.80 198.80 192.60 1.072 times
05 Fri Jul 2024 196.80 199.85 199.85 196.00 0.624 times
04 Thu Jul 2024 196.85 201.45 201.50 196.00 1.086 times
03 Wed Jul 2024 198.90 202.90 202.90 195.10 1.18 times
02 Tue Jul 2024 199.45 204.50 204.50 198.10 0.697 times
01 Mon Jul 2024 202.15 204.80 206.65 199.00 0.645 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 194.4 as stoploss in an intra day buy trade for a target of 202.99. However, stock will show a bearish move below 194.4.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 187.00
Downside Target 193.00
Upside Target 206.65
Upside Target 210.00
Upside Target 220.00
Upside Target 222.00
Upside Target 230.00
Upside Target 240.00
Upside Target 259.10
Upside Target 264.00

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 188.4
Downside Intraday Target 181.8
Upside Intraday Target 200.2
Upside Intraday Target 205.4
Downside Intraday Target 193.6

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
12 Fri Jul 2024 195.00 198.80 198.80 187.00 1.109 times
05 Fri Jul 2024 196.80 204.80 206.65 195.10 1.186 times
28 Fri Jun 2024 201.75 211.05 220.00 195.00 1.368 times
21 Fri Jun 2024 207.50 222.00 222.00 205.00 0.917 times
14 Fri Jun 2024 220.15 210.00 230.00 210.00 0.704 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 Ovobel Foods (OvobelFoods)

Date Monthly Closing Price Open High Low Volume
12 Fri Jul 2024 195.00 204.80 206.65 187.00 0.683 times
28 Fri Jun 2024 201.75 207.10 230.00 193.10 0.989 times
31 Fri May 2024 210.45 231.80 264.00 200.00 0.899 times
30 Tue Apr 2024 225.50 208.95 259.10 202.50 0.922 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 Ovobel Foods (OvobelFoods)

Price action analysis of Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ovobel Foods in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ovobel 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ovobel 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 Ovobel 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 195.41 and Ovobel Foods (OvobelFoods) 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 Ovobel Foods (OvobelFoods) stock. Volume based technical analysis of Ovobel Foods (OvobelFoods) stock is negative.

Ovobel 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.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods ( (OvobelFoods) ) 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 Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ovobel Foods in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ovobel 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ovobel 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 Ovobel 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 195.41 and Ovobel Foods (OvobelFoods) 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 Ovobel Foods (OvobelFoods) stock. Volume based technical analysis of Ovobel Foods (OvobelFoods) stock is negative.

Ovobel 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.

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Daily charts

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Daily chart
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