(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 2024-06-26 View latest technical analysis
10 day averaged volume of Ovobel Foods is 6130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 217.20 | 202.05 | 220.00 | 202.05 | 2.071 times |
| 25 Tue Jun 2024 | 204.85 | 210.00 | 211.00 | 202.00 | 0.355 times |
| 24 Mon Jun 2024 | 207.50 | 211.05 | 211.05 | 205.00 | 0.512 times |
| 21 Fri Jun 2024 | 207.50 | 211.05 | 211.05 | 205.00 | 0.512 times |
| 20 Thu Jun 2024 | 208.75 | 216.00 | 216.00 | 208.10 | 2.143 times |
| 19 Wed Jun 2024 | 211.85 | 217.55 | 219.00 | 210.00 | 0.638 times |
| 18 Tue Jun 2024 | 213.70 | 222.00 | 222.00 | 209.60 | 1.682 times |
| 14 Fri Jun 2024 | 220.15 | 217.20 | 223.70 | 217.20 | 0.665 times |
| 13 Thu Jun 2024 | 220.15 | 217.20 | 223.70 | 217.20 | 0.665 times |
| 12 Wed Jun 2024 | 219.35 | 212.10 | 227.90 | 212.10 | 1.485 times |
Stock of Ovobel Foods (OvobelFoods) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 223.1 or till 233.9. Use a stoploss of 214.04 and if this stock hits its stoploss, then it can fall down till 205.02
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.00 |
| Downside Target | 200.00 |
| Downside Target | 210.00 |
| Upside Target | 220.00 |
| Upside Target | 225.00 |
| Upside Target | 230.00 |
| Upside Target | 240.00 |
| 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 | 206.13 |
| Downside Intraday Target | 195.07 |
| Upside Intraday Target | 224.13 |
| Upside Intraday Target | 231.07 |
| Downside Intraday Target | 213.07 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 217.20 | 211.05 | 220.00 | 202.00 | 0.591 times |
| 21 Fri Jun 2024 | 207.50 | 222.00 | 222.00 | 205.00 | 0.917 times |
| 14 Fri Jun 2024 | 220.15 | 210.00 | 230.00 | 210.00 | 0.704 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 |
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 |
| 26 Wed Jun 2024 | 217.20 | 207.10 | 230.00 | 193.10 | 0.835 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 gaining momentum.
MACD generated a SELL signal for Ovobel Foods in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above 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 BUY signal in short term and the buying is gaining 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 213.97 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 gaining momentum.
MACD generated a SELL signal for Ovobel Foods in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above 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 BUY signal in short term and the buying is gaining 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 213.97 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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