(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 2024-06-03 View latest technical analysis
10 day averaged volume of Ovobel Foods is 9171
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 201.15 | 207.10 | 213.40 | 200.00 | 1.737 times |
| 31 Fri May 2024 | 210.45 | 220.50 | 221.00 | 200.00 | 4.528 times |
| 30 Thu May 2024 | 232.50 | 229.05 | 234.95 | 226.25 | 0.433 times |
| 29 Wed May 2024 | 232.90 | 228.00 | 240.00 | 222.00 | 0.693 times |
| 28 Tue May 2024 | 228.25 | 228.20 | 233.70 | 225.45 | 0.657 times |
| 27 Mon May 2024 | 228.20 | 228.00 | 233.20 | 226.20 | 0.586 times |
| 24 Fri May 2024 | 226.65 | 234.50 | 234.50 | 225.00 | 0.602 times |
| 23 Thu May 2024 | 229.05 | 234.00 | 243.90 | 227.00 | 0.728 times |
| 22 Wed May 2024 | 231.35 | 230.35 | 235.00 | 226.50 | 0.57 times |
| 21 Tue May 2024 | 229.05 | 232.00 | 232.00 | 225.05 | 0.776 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 209.3, for a target of 218.8 or 226.64
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.00 |
| Downside Target | 200.00 |
| Upside Target | 213.40 |
| Upside Target | 220.00 |
| Upside Target | 225.00 |
| Upside Target | 240.00 |
| Upside Target | 241.65 |
| Upside Target | 243.90 |
| Upside Target | 259.10 |
| Upside Target | 264.00 |
| Upside Target | 275.70 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 196.3 |
| Downside Intraday Target | 191.45 |
| Upside Intraday Target | 209.7 |
| Upside Intraday Target | 218.25 |
| Upside Intraday Target | 204.85 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 201.15 | 207.10 | 213.40 | 200.00 | 0.252 times |
| 31 Fri May 2024 | 210.45 | 228.00 | 240.00 | 200.00 | 2.577 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 |
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 |
| 03 Mon Jun 2024 | 201.15 | 207.10 | 213.40 | 200.00 | 0.103 times |
| 31 Fri May 2024 | 210.45 | 231.80 | 264.00 | 200.00 | 0.899 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 |
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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ovobel Foods in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 217.58 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ovobel Foods in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 217.58 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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