(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 2024-05-30 View latest technical analysis
10 day averaged volume of Ovobel Foods is 5889
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 232.50 | 229.05 | 234.95 | 226.25 | 0.674 times |
| 29 Wed May 2024 | 232.90 | 228.00 | 240.00 | 222.00 | 1.079 times |
| 28 Tue May 2024 | 228.25 | 228.20 | 233.70 | 225.45 | 1.023 times |
| 27 Mon May 2024 | 228.20 | 228.00 | 233.20 | 226.20 | 0.913 times |
| 24 Fri May 2024 | 226.65 | 234.50 | 234.50 | 225.00 | 0.938 times |
| 23 Thu May 2024 | 229.05 | 234.00 | 243.90 | 227.00 | 1.133 times |
| 22 Wed May 2024 | 231.35 | 230.35 | 235.00 | 226.50 | 0.887 times |
| 21 Tue May 2024 | 229.05 | 232.00 | 232.00 | 225.05 | 1.209 times |
| 18 Sat May 2024 | 234.55 | 224.25 | 241.65 | 224.25 | 0.665 times |
| 17 Fri May 2024 | 230.15 | 235.90 | 235.90 | 225.00 | 1.011 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 232.2, but if it comes below 232.2, then a intra day sell could be more profitable.
If you take a sell trade below 232.2, then use 232.2 as stoploss and 228.36 as target. However if you take a buy trade in stock , then use 232.2 as stoploss and 236.9 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 |
| Downside Target | 220.00 |
| 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 | 223 |
| Downside Intraday Target | 213.5 |
| Upside Intraday Target | 241 |
| Upside Intraday Target | 249.5 |
| Downside Intraday Target | 231.5 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 232.50 | 228.00 | 240.00 | 222.00 | 0.885 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 |
| 30 Thu May 2024 | 232.50 | 231.80 | 264.00 | 214.25 | 0.658 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid 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 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 Strong and stock is gaining 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 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 230.04 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid 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 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 Strong and stock is gaining 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 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 230.04 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 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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