(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 2024-05-17 View latest technical analysis
10 day averaged volume of Ovobel Foods is 5209
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 230.15 | 235.90 | 235.90 | 225.00 | 1.143 times |
| 16 Thu May 2024 | 232.85 | 232.00 | 236.00 | 228.00 | 1.29 times |
| 15 Wed May 2024 | 229.15 | 230.00 | 233.80 | 225.00 | 1.01 times |
| 14 Tue May 2024 | 226.60 | 225.05 | 231.00 | 224.00 | 0.219 times |
| 13 Mon May 2024 | 225.05 | 235.00 | 237.50 | 220.00 | 1.166 times |
| 10 Fri May 2024 | 231.25 | 231.00 | 234.00 | 225.05 | 0.946 times |
| 09 Thu May 2024 | 230.75 | 222.50 | 264.00 | 216.25 | 2.645 times |
| 08 Wed May 2024 | 220.85 | 224.30 | 224.75 | 219.00 | 0.514 times |
| 07 Tue May 2024 | 222.10 | 222.00 | 228.50 | 214.25 | 0.835 times |
| 06 Mon May 2024 | 221.30 | 227.00 | 227.00 | 220.00 | 0.556 times |
My analysis of stock is bullish for shortterm, and stock might move up till 233.3 or till 239.1. Use a stoploss of 228.55 and if this stock hits its stoploss, then it can fall down till 223.75
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 |
| Downside Target | 225.00 |
| Upside Target | 234.95 |
| Upside Target | 240.00 |
| Upside Target | 241.40 |
| Upside Target | 259.10 |
| Upside Target | 264.00 |
| Upside Target | 275.70 |
| Upside Target | 280.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 220.93 |
| Downside Intraday Target | 211.72 |
| Upside Intraday Target | 238.43 |
| Upside Intraday Target | 246.72 |
| Downside Intraday Target | 229.22 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 230.15 | 235.00 | 237.50 | 220.00 | 0.878 times |
| 10 Fri May 2024 | 231.25 | 227.00 | 264.00 | 214.25 | 0.806 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 |
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 |
| 17 Fri May 2024 | 230.15 | 231.80 | 264.00 | 214.25 | 0.365 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ovobel Foods in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 228.4 and Ovobel Foods (OvobelFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ovobel Foods in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 228.4 and Ovobel Foods (OvobelFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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