(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 2024-03-11 View latest technical analysis
10 day averaged volume of Ovobel Foods is 7586
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 219.85 | 229.00 | 229.00 | 216.35 | 0.743 times |
| 07 Thu Mar 2024 | 223.90 | 221.00 | 229.50 | 220.00 | 0.425 times |
| 06 Wed Mar 2024 | 228.65 | 225.00 | 240.00 | 219.05 | 1.129 times |
| 05 Tue Mar 2024 | 222.75 | 225.70 | 227.00 | 216.35 | 0.909 times |
| 04 Mon Mar 2024 | 223.55 | 220.00 | 227.80 | 215.10 | 1.03 times |
| 02 Sat Mar 2024 | 220.20 | 218.10 | 231.45 | 217.30 | 0.185 times |
| 01 Fri Mar 2024 | 222.90 | 226.95 | 226.95 | 220.00 | 1.09 times |
| 29 Thu Feb 2024 | 220.95 | 222.00 | 224.70 | 215.75 | 0.548 times |
| 28 Wed Feb 2024 | 222.85 | 227.00 | 231.70 | 212.25 | 1.415 times |
| 27 Tue Feb 2024 | 228.30 | 231.50 | 232.00 | 220.00 | 1.163 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 216.7 as stoploss in an intra day buy trade for a target of 224.72. However, stock will show a bearish move below 216.7.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.35 |
| Downside Target | 212.25 |
| Upside Target | 222.60 |
| Upside Target | 229.00 |
| Upside Target | 234.00 |
| Upside Target | 240.00 |
| Upside Target | 242.10 |
| 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 | 214.47 |
| Downside Intraday Target | 209.08 |
| Upside Intraday Target | 227.12 |
| Upside Intraday Target | 234.38 |
| Upside Intraday Target | 221.73 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 219.85 | 229.00 | 229.00 | 216.35 | 0.213 times |
| 07 Thu Mar 2024 | 223.90 | 220.00 | 240.00 | 215.10 | 0.537 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 |
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 |
| 11 Mon Mar 2024 | 219.85 | 226.95 | 240.00 | 215.10 | 0.112 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ovobel Foods stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing 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 224.04 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ovobel Foods stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing 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 224.04 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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