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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)

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Ovobel Foods is 10338

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 203.90 213.20 229.00 200.00 2.034 times
26 Tue Mar 2024 213.20 219.50 219.50 210.10 1.438 times
22 Fri Mar 2024 216.55 219.65 220.50 209.95 0.852 times
21 Thu Mar 2024 214.30 213.00 218.80 211.50 0.53 times
20 Wed Mar 2024 211.50 223.85 223.85 210.00 1.125 times
19 Tue Mar 2024 218.60 218.00 229.70 216.00 0.847 times
18 Mon Mar 2024 225.00 224.50 227.00 221.40 0.694 times
15 Fri Mar 2024 224.50 224.95 226.00 214.05 0.993 times
14 Thu Mar 2024 219.60 200.50 228.95 200.50 1.461 times
13 Wed Mar 2024 201.40 223.00 223.00 200.05 1.305 times

Stock of Ovobel Foods (OvobelFoods) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 203.9, for a target of 212.1 or 218.86

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 193.35
Downside Target 200.00
Upside Target 209.95
Upside Target 224.00
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 192.93
Downside Intraday Target 181.97
Upside Intraday Target 221.93
Upside Intraday Target 239.97
Upside Intraday Target 210.97

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 203.90 219.50 229.00 200.00 0.857 times
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

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
27 Wed Mar 2024 203.90 226.95 240.00 200.00 0.446 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 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 gaining momentum.

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

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 213.25 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 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 gaining momentum.

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

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 213.25 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.

Click here for Ovobel Foods charts

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Daily charts

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