(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 2024-05-27 View latest technical analysis
10 day averaged volume of Ovobel Foods is 5361
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 228.20 | 228.00 | 233.20 | 226.20 | 1.002 times |
| 24 Fri May 2024 | 226.65 | 234.50 | 234.50 | 225.00 | 1.03 times |
| 23 Thu May 2024 | 229.05 | 234.00 | 243.90 | 227.00 | 1.245 times |
| 22 Wed May 2024 | 231.35 | 230.35 | 235.00 | 226.50 | 0.975 times |
| 21 Tue May 2024 | 229.05 | 232.00 | 232.00 | 225.05 | 1.328 times |
| 18 Sat May 2024 | 234.55 | 224.25 | 241.65 | 224.25 | 0.731 times |
| 17 Fri May 2024 | 230.15 | 235.90 | 235.90 | 225.00 | 1.11 times |
| 16 Thu May 2024 | 232.85 | 232.00 | 236.00 | 228.00 | 1.253 times |
| 15 Wed May 2024 | 229.15 | 230.00 | 233.80 | 225.00 | 0.982 times |
| 14 Tue May 2024 | 226.60 | 225.05 | 231.00 | 224.00 | 0.213 times |
My analysis of stock is bullish for shortterm, and stock might move up till 231.6 or till 236.1. Use a stoploss of 227.86 and if this stock hits its stoploss, then it can fall down till 224.13
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 | 233.20 |
| 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 | 225.2 |
| Downside Intraday Target | 222.2 |
| Upside Intraday Target | 232.2 |
| Upside Intraday Target | 236.2 |
| Upside Intraday Target | 229.2 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 228.20 | 228.00 | 233.20 | 226.20 | 0.219 times |
| 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 |
Price has moved up 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 Mon May 2024 | 228.20 | 231.80 | 264.00 | 214.25 | 0.562 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY 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 229.91 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY 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 229.91 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. 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 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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