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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)

10 day averaged volume of Ovobel Foods is 7041

Date Daily Closing Price Open High Low Volume
24 Fri Jan 2025 92.70 94.75 94.90 90.25 1.3 times
23 Thu Jan 2025 95.00 92.90 95.80 88.40 1.576 times
22 Wed Jan 2025 92.90 96.15 96.15 92.45 1.75 times
21 Tue Jan 2025 97.30 97.00 101.00 92.00 1.879 times
20 Mon Jan 2025 96.80 96.85 101.70 94.00 1.806 times
17 Fri Jan 2025 96.90 96.85 98.00 96.85 0.913 times
16 Thu Jan 2025 98.80 102.60 102.60 98.80 0.465 times
15 Wed Jan 2025 100.80 100.80 102.95 100.80 0.39 times
14 Tue Jan 2025 102.85 102.85 102.85 102.85 0.382 times
13 Mon Jan 2025 104.90 104.90 104.90 104.90 0.557 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 91.1, for a target of 96.8 or 101.5

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 88.40
Upside Target 96.85
Upside Target 101.70
Upside Target 104.90
Upside Target 107.25
Upside Target 117.65
Upside Target 130.40
Upside Target 137.20
Upside Target 152.90
Upside Target 182.00
Upside Target 203.95
Upside Target 207.40

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 86.83
Downside Intraday Target 80.97
Upside Intraday Target 100.13
Upside Intraday Target 107.57
Upside Intraday Target 94.27

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
24 Fri Jan 2025 92.70 96.85 101.70 88.40 3.071 times
17 Fri Jan 2025 96.90 104.90 104.90 96.85 1.544 times
10 Fri Jan 2025 107.00 105.15 109.35 105.00 0.425 times
03 Fri Jan 2025 103.10 107.25 107.25 99.10 1.289 times
27 Fri Dec 2024 109.30 117.65 117.65 109.30 2.409 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ovobel Foods (OvobelFoods)

Date Monthly Closing Price Open High Low Volume
24 Fri Jan 2025 92.70 105.05 109.35 88.40 0.99 times
31 Tue Dec 2024 105.05 103.10 130.40 98.50 0.461 times
29 Fri Nov 2024 103.65 152.90 152.90 97.60 2.043 times
31 Thu Oct 2024 145.30 188.00 203.95 137.20 1.136 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 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.

Ovobel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 96.38 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 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.

Ovobel Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 96.38 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

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Daily charts

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Daily chart
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