(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)
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Ovobel Foods is 8518
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 223.55 | 220.00 | 227.80 | 215.10 | 0.917 times |
| 02 Sat Mar 2024 | 220.20 | 218.10 | 231.45 | 217.30 | 0.165 times |
| 01 Fri Mar 2024 | 222.90 | 226.95 | 226.95 | 220.00 | 0.971 times |
| 29 Thu Feb 2024 | 220.95 | 222.00 | 224.70 | 215.75 | 0.488 times |
| 28 Wed Feb 2024 | 222.85 | 227.00 | 231.70 | 212.25 | 1.26 times |
| 27 Tue Feb 2024 | 228.30 | 231.50 | 232.00 | 220.00 | 1.035 times |
| 26 Mon Feb 2024 | 230.50 | 226.00 | 234.00 | 224.05 | 1.874 times |
| 23 Fri Feb 2024 | 234.70 | 237.90 | 237.90 | 227.00 | 1.088 times |
| 22 Thu Feb 2024 | 233.10 | 237.80 | 238.00 | 226.00 | 0.975 times |
| 21 Wed Feb 2024 | 232.25 | 236.00 | 236.00 | 222.60 | 1.342 times |
My analysis of stock is bearish for shortterm, and stock might move down till 212.2 or till 196.8. Use a stoploss of 224.99 and if the stock hits stoploss, then it can shoot up till 237.79
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.35 |
| Downside Target | 209.00 |
| Downside Target | 222.60 |
| Upside Target | 238.00 |
| Upside Target | 240.00 |
| Upside Target | 242.10 |
| Upside Target | 269.75 |
| Upside Target | 275.70 |
| Upside Target | 276.00 |
| Upside Target | 280.00 |
| Upside Target | 304.40 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 216.5 |
| Downside Intraday Target | 209.45 |
| Upside Intraday Target | 229.2 |
| Upside Intraday Target | 234.85 |
| Downside Intraday Target | 222.15 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 223.55 | 220.00 | 227.80 | 215.10 | 0.158 times |
| 02 Sat Mar 2024 | 220.20 | 226.00 | 234.00 | 212.25 | 1.153 times |
| 23 Fri Feb 2024 | 234.70 | 233.90 | 240.00 | 222.60 | 0.61 times |
| 16 Fri Feb 2024 | 229.30 | 221.90 | 238.00 | 193.35 | 0.372 times |
| 09 Fri Feb 2024 | 213.90 | 260.60 | 269.75 | 209.00 | 2.759 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 Ovobel Foods (OvobelFoods)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 223.55 | 226.95 | 231.45 | 215.10 | 0.047 times |
| 29 Thu Feb 2024 | 220.95 | 266.05 | 275.70 | 193.35 | 1.086 times |
| 31 Wed Jan 2024 | 270.10 | 243.00 | 280.00 | 235.05 | 1.046 times |
| 29 Fri Dec 2023 | 234.65 | 266.75 | 276.00 | 224.00 | 0.865 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 Ovobel Foods (OvobelFoods)
Price action analysis of Ovobel Foods ( (OvobelFoods) ) 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ovobel 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 SELL signal for Ovobel Foods in short term and SELL signal is strong!
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 Ovobel 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 228.27 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ovobel 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 SELL signal for Ovobel Foods in short term and SELL signal is strong!
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 Ovobel 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 228.27 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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