(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 2024-03-22 View latest technical analysis
10 day averaged volume of Ovobel Foods is 8857
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 216.55 | 219.65 | 220.50 | 209.95 | 0.995 times |
21 Thu Mar 2024 | 214.30 | 213.00 | 218.80 | 211.50 | 0.619 times |
20 Wed Mar 2024 | 211.50 | 223.85 | 223.85 | 210.00 | 1.314 times |
19 Tue Mar 2024 | 218.60 | 218.00 | 229.70 | 216.00 | 0.988 times |
18 Mon Mar 2024 | 225.00 | 224.50 | 227.00 | 221.40 | 0.81 times |
15 Fri Mar 2024 | 224.50 | 224.95 | 226.00 | 214.05 | 1.159 times |
14 Thu Mar 2024 | 219.60 | 200.50 | 228.95 | 200.50 | 1.705 times |
13 Wed Mar 2024 | 201.40 | 223.00 | 223.00 | 200.05 | 1.523 times |
12 Tue Mar 2024 | 223.00 | 224.90 | 227.00 | 215.00 | 0.883 times |
11 Mon Mar 2024 | 219.85 | 229.00 | 229.00 | 216.35 | 0.636 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 214.6 as stoploss in an intra day buy trade for a target of 220.94. However, stock will show a bearish move below 214.6.
Share price targets for Ovobel Foods (OvobelFoods)
Target Type | Value |
Downside Target | 193.35 |
Downside Target | 200.05 |
Downside Target | 209.95 |
Upside Target | 222.60 |
Upside Target | 229.00 |
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 | 207.77 |
Downside Intraday Target | 198.98 |
Upside Intraday Target | 227.52 |
Upside Intraday Target | 238.48 |
Upside Intraday Target | 218.73 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 216.55 | 224.50 | 229.70 | 209.95 | 0.8 times |
15 Fri Mar 2024 | 224.50 | 229.00 | 229.00 | 200.05 | 1.974 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 |
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 |
22 Fri Mar 2024 | 216.55 | 226.95 | 240.00 | 200.05 | 0.35 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 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 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 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 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 buy signal for Ovobel Foods in short term but BUY signal is weak.
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 216.55 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 positive
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 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 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 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 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 buy signal for Ovobel Foods in short term but BUY signal is weak.
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 216.55 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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