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(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 2024-06-05 View latest technical analysis

10 day averaged volume of Ovobel Foods is 10737

Date Daily Closing Price Open High Low Volume
05 Wed Jun 2024 207.00 199.05 225.00 193.10 0.8 times
04 Tue Jun 2024 198.15 203.60 209.90 194.00 1.003 times
03 Mon Jun 2024 201.15 207.10 213.40 200.00 1.483 times
31 Fri May 2024 210.45 220.50 221.00 200.00 3.867 times
30 Thu May 2024 232.50 229.05 234.95 226.25 0.369 times
29 Wed May 2024 232.90 228.00 240.00 222.00 0.592 times
28 Tue May 2024 228.25 228.20 233.70 225.45 0.561 times
27 Mon May 2024 228.20 228.00 233.20 226.20 0.501 times
24 Fri May 2024 226.65 234.50 234.50 225.00 0.514 times
23 Thu May 2024 229.05 234.00 243.90 227.00 0.622 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 214, but if it comes above 214, then a intra day buy could be more profitable.
If you take a sell trade below 214, then use 214 as stoploss and 201.1 as target. However if you take a buy trade in stock , then use 214 as stoploss and 224.75 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 193.00
Downside Target 200.00
Upside Target 214.25
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 191.73
Downside Intraday Target 176.47
Upside Intraday Target 223.63
Upside Intraday Target 240.27
Upside Intraday Target 208.37

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
05 Wed Jun 2024 207.00 207.10 225.00 193.10 0.558 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
05 Wed Jun 2024 207.00 207.10 225.00 193.10 0.228 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 213.49 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 213.49 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.

Click here for Ovobel Foods charts

Click here for further forecast and predictions for tomorrow

Daily charts

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