(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 2024-06-13 View latest technical analysis
10 day averaged volume of Ovobel Foods is 11785
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 220.15 | 217.20 | 223.70 | 217.20 | 0.346 times |
| 12 Wed Jun 2024 | 219.35 | 212.10 | 227.90 | 212.10 | 0.773 times |
| 11 Tue Jun 2024 | 222.45 | 216.15 | 224.40 | 210.50 | 0.699 times |
| 10 Mon Jun 2024 | 221.25 | 210.00 | 230.00 | 210.00 | 0.659 times |
| 07 Fri Jun 2024 | 213.30 | 211.00 | 214.40 | 207.00 | 0.546 times |
| 06 Thu Jun 2024 | 210.60 | 218.75 | 218.75 | 208.00 | 0.47 times |
| 05 Wed Jun 2024 | 207.00 | 199.05 | 225.00 | 193.10 | 0.728 times |
| 04 Tue Jun 2024 | 198.15 | 203.60 | 209.90 | 194.00 | 0.914 times |
| 03 Mon Jun 2024 | 201.15 | 207.10 | 213.40 | 200.00 | 1.352 times |
| 31 Fri May 2024 | 210.45 | 220.50 | 221.00 | 200.00 | 3.523 times |
My analysis of stock is bearish for shortterm, and stock might move down till 210.6 or till 197.7. Use a stoploss of 221.33 and if the stock hits stoploss, then it can shoot up till 232.07
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.00 |
| Downside Target | 200.00 |
| Downside Target | 210.00 |
| Downside Target | 220.00 |
| Upside Target | 225.00 |
| Upside Target | 230.00 |
| 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 | 210.1 |
| Downside Intraday Target | 200.05 |
| Upside Intraday Target | 230.1 |
| Upside Intraday Target | 240.05 |
| Downside Intraday Target | 220.05 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 220.15 | 210.00 | 230.00 | 210.00 | 0.618 times |
| 07 Fri Jun 2024 | 213.30 | 207.10 | 225.00 | 193.10 | 0.747 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 |
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 |
| 13 Thu Jun 2024 | 220.15 | 207.10 | 230.00 | 193.10 | 0.495 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ovobel Foods in short term and BUY 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
Although the stock is in the BUY zone, but buying 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 210.55 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ovobel Foods in short term and BUY 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
Although the stock is in the BUY zone, but buying 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 210.55 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 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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