(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 2024-07-12 View latest technical analysis
10 day averaged volume of Ovobel Foods is 11692
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 195.00 | 191.05 | 196.95 | 191.00 | 0.539 times |
| 11 Thu Jul 2024 | 191.00 | 193.50 | 193.50 | 190.00 | 0.49 times |
| 10 Wed Jul 2024 | 193.50 | 191.05 | 196.90 | 187.00 | 1.327 times |
| 09 Tue Jul 2024 | 190.15 | 194.00 | 197.00 | 189.70 | 1.265 times |
| 08 Mon Jul 2024 | 193.45 | 198.80 | 198.80 | 192.60 | 1.072 times |
| 05 Fri Jul 2024 | 196.80 | 199.85 | 199.85 | 196.00 | 0.624 times |
| 04 Thu Jul 2024 | 196.85 | 201.45 | 201.50 | 196.00 | 1.086 times |
| 03 Wed Jul 2024 | 198.90 | 202.90 | 202.90 | 195.10 | 1.18 times |
| 02 Tue Jul 2024 | 199.45 | 204.50 | 204.50 | 198.10 | 0.697 times |
| 01 Mon Jul 2024 | 202.15 | 204.80 | 206.65 | 199.00 | 0.645 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 194.4 as stoploss in an intra day buy trade for a target of 202.99. However, stock will show a bearish move below 194.4.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 187.00 |
| Downside Target | 193.00 |
| Upside Target | 206.65 |
| Upside Target | 210.00 |
| Upside Target | 220.00 |
| Upside Target | 222.00 |
| Upside Target | 230.00 |
| Upside Target | 240.00 |
| Upside Target | 259.10 |
| Upside Target | 264.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 188.4 |
| Downside Intraday Target | 181.8 |
| Upside Intraday Target | 200.2 |
| Upside Intraday Target | 205.4 |
| Downside Intraday Target | 193.6 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 195.00 | 198.80 | 198.80 | 187.00 | 1.109 times |
| 05 Fri Jul 2024 | 196.80 | 204.80 | 206.65 | 195.10 | 1.186 times |
| 28 Fri Jun 2024 | 201.75 | 211.05 | 220.00 | 195.00 | 1.368 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 |
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 |
| 12 Fri Jul 2024 | 195.00 | 204.80 | 206.65 | 187.00 | 0.683 times |
| 28 Fri Jun 2024 | 201.75 | 207.10 | 230.00 | 193.10 | 0.989 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 |
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 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 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 SELL. Signal strength is Strong and stock is losing 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 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 BUY signal in short term but buying 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 195.41 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 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 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 SELL. Signal strength is Strong and stock is losing 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 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 BUY signal in short term but buying 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 195.41 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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