(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 2024-07-22 View latest technical analysis
10 day averaged volume of Ovobel Foods is 9495
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 199.40 | 201.30 | 201.30 | 193.50 | 0.332 times |
| 19 Fri Jul 2024 | 201.30 | 198.00 | 205.00 | 193.15 | 0.852 times |
| 18 Thu Jul 2024 | 197.45 | 194.05 | 201.40 | 190.35 | 0.878 times |
| 16 Tue Jul 2024 | 192.90 | 190.10 | 195.90 | 186.50 | 1.308 times |
| 15 Mon Jul 2024 | 193.25 | 195.00 | 196.00 | 191.70 | 0.415 times |
| 12 Fri Jul 2024 | 195.00 | 191.05 | 196.95 | 191.00 | 0.664 times |
| 11 Thu Jul 2024 | 191.00 | 193.50 | 193.50 | 190.00 | 0.603 times |
| 10 Wed Jul 2024 | 193.50 | 191.05 | 196.90 | 187.00 | 1.634 times |
| 09 Tue Jul 2024 | 190.15 | 194.00 | 197.00 | 189.70 | 1.558 times |
| 08 Mon Jul 2024 | 193.45 | 198.80 | 198.80 | 192.60 | 1.32 times |
My analysis of stock is bullish for shortterm, and stock might move up till 205.7 or till 213.6. Use a stoploss of 199.1 and if this stock hits its stoploss, then it can fall down till 192.52
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 186.50 |
| Downside Target | 193.00 |
| Upside Target | 202.50 |
| Upside Target | 205.00 |
| Upside Target | 206.65 |
| Upside Target | 220.00 |
| 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 | 194.83 |
| Downside Intraday Target | 190.27 |
| Upside Intraday Target | 202.63 |
| Upside Intraday Target | 205.87 |
| Downside Intraday Target | 198.07 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 199.40 | 201.30 | 201.30 | 193.50 | 0.096 times |
| 19 Fri Jul 2024 | 201.30 | 195.00 | 205.00 | 186.50 | 0.598 times |
| 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 |
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 |
| 22 Mon Jul 2024 | 199.40 | 204.80 | 206.65 | 186.50 | 0.918 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 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 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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 194.06 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 is giving positive 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 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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 194.06 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 is giving positive 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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