(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 2024-05-24 View latest technical analysis
10 day averaged volume of Ovobel Foods is 5302
Date | Daily Closing Price | Open | High | Low | Volume |
24 Fri May 2024 | 226.65 | 234.50 | 234.50 | 225.00 | 1.042 times |
23 Thu May 2024 | 229.05 | 234.00 | 243.90 | 227.00 | 1.259 times |
22 Wed May 2024 | 231.35 | 230.35 | 235.00 | 226.50 | 0.985 times |
21 Tue May 2024 | 229.05 | 232.00 | 232.00 | 225.05 | 1.343 times |
18 Sat May 2024 | 234.55 | 224.25 | 241.65 | 224.25 | 0.739 times |
17 Fri May 2024 | 230.15 | 235.90 | 235.90 | 225.00 | 1.123 times |
16 Thu May 2024 | 232.85 | 232.00 | 236.00 | 228.00 | 1.267 times |
15 Wed May 2024 | 229.15 | 230.00 | 233.80 | 225.00 | 0.993 times |
14 Tue May 2024 | 226.60 | 225.05 | 231.00 | 224.00 | 0.216 times |
13 Mon May 2024 | 225.05 | 235.00 | 237.50 | 220.00 | 1.145 times |
My analysis of stock is bearish for shortterm, and stock might move down till 224.2 or till 219.7. Use a stoploss of 227.9 and if the stock hits stoploss, then it can shoot up till 231.64
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 | 220.00 |
Downside Target | 225.00 |
Upside Target | 234.95 |
Upside Target | 240.00 |
Upside Target | 243.90 |
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 | 219.8 |
Downside Intraday Target | 212.95 |
Upside Intraday Target | 238.7 |
Upside Intraday Target | 250.75 |
Upside Intraday Target | 231.85 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Fri May 2024 | 226.65 | 232.00 | 243.90 | 225.00 | 0.844 times |
18 Sat May 2024 | 234.55 | 235.00 | 241.65 | 220.00 | 1.015 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 |
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 |
24 Fri May 2024 | 226.65 | 231.80 | 264.00 | 214.25 | 0.531 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Ovobel Foods in short term but the sell 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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 229.53 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Ovobel Foods in short term but the sell 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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 229.53 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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