(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 2024-05-07 View latest technical analysis
10 day averaged volume of Ovobel Foods is 7623
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 222.10 | 222.00 | 228.50 | 214.25 | 0.571 times |
06 Mon May 2024 | 221.30 | 227.00 | 227.00 | 220.00 | 0.38 times |
03 Fri May 2024 | 224.65 | 229.25 | 229.25 | 217.95 | 0.559 times |
02 Thu May 2024 | 226.60 | 231.80 | 231.80 | 223.00 | 0.621 times |
30 Tue Apr 2024 | 225.50 | 227.00 | 232.00 | 209.95 | 2.919 times |
29 Mon Apr 2024 | 231.50 | 232.00 | 234.95 | 230.05 | 0.56 times |
26 Fri Apr 2024 | 229.10 | 234.05 | 238.40 | 227.75 | 1.004 times |
25 Thu Apr 2024 | 235.30 | 239.00 | 239.00 | 225.00 | 1.184 times |
24 Wed Apr 2024 | 237.30 | 236.00 | 241.00 | 233.00 | 0.885 times |
23 Tue Apr 2024 | 231.00 | 239.00 | 241.40 | 230.00 | 0.942 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 224.1, but if it comes above 224.1, then a intra day buy could be more profitable.
If you take a sell trade below 224.1, then use 224.1 as stoploss and 214.9 as target. However if you take a buy trade in stock , then use 224.1 as stoploss and 231.88 as target.
Share price targets for Ovobel Foods (OvobelFoods)
Target Type | Value |
Downside Target | 193.00 |
Downside Target | 202.50 |
Downside Target | 209.95 |
Downside Target | 214.25 |
Upside Target | 225.00 |
Upside Target | 238.30 |
Upside Target | 240.00 |
Upside Target | 241.40 |
Upside Target | 256.75 |
Upside Target | 259.10 |
Upside Target | 275.70 |
Upside Target | 280.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
Target Type | Value |
Downside Intraday Target | 214.73 |
Downside Intraday Target | 207.37 |
Upside Intraday Target | 228.98 |
Upside Intraday Target | 235.87 |
Downside Intraday Target | 221.62 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 222.10 | 227.00 | 228.50 | 214.25 | 0.204 times |
03 Fri May 2024 | 224.65 | 232.00 | 234.95 | 209.95 | 0.939 times |
26 Fri Apr 2024 | 229.10 | 225.05 | 241.40 | 225.00 | 2.414 times |
19 Fri Apr 2024 | 223.40 | 216.35 | 238.30 | 216.35 | 0.688 times |
12 Fri Apr 2024 | 235.35 | 245.20 | 256.75 | 228.00 | 0.33 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 |
07 Tue May 2024 | 222.10 | 231.80 | 231.80 | 214.25 | 0.095 times |
30 Tue Apr 2024 | 225.50 | 208.95 | 259.10 | 202.50 | 0.922 times |
28 Thu Mar 2024 | 196.75 | 226.95 | 240.00 | 193.00 | 0.5 times |
29 Thu Feb 2024 | 220.95 | 266.05 | 275.70 | 193.35 | 1.086 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 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 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 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 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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 228.71 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 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 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 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 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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 228.71 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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