(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 2024-08-12 View latest technical analysis
10 day averaged volume of Ovobel Foods is 6925
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 212.15 | 212.00 | 214.70 | 207.25 | 0.451 times |
| 09 Fri Aug 2024 | 213.20 | 207.05 | 215.00 | 205.10 | 0.8 times |
| 08 Thu Aug 2024 | 208.45 | 217.25 | 217.25 | 206.45 | 0.695 times |
| 07 Wed Aug 2024 | 214.25 | 203.50 | 218.00 | 203.00 | 1.22 times |
| 06 Tue Aug 2024 | 203.10 | 200.35 | 214.75 | 200.00 | 1.284 times |
| 05 Mon Aug 2024 | 200.35 | 208.05 | 208.05 | 196.30 | 1.148 times |
| 02 Fri Aug 2024 | 213.10 | 217.00 | 217.40 | 207.80 | 1.032 times |
| 01 Thu Aug 2024 | 213.75 | 211.60 | 217.00 | 206.20 | 0.827 times |
| 31 Wed Jul 2024 | 209.40 | 214.95 | 214.95 | 204.10 | 0.77 times |
| 30 Tue Jul 2024 | 215.60 | 217.35 | 217.35 | 210.00 | 0.857 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 213.5 as stoploss in an intra day sell trade for a target of 206.5. However, stock will show a bullish move above 213.5.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 186.50 |
| Downside Target | 193.10 |
| Upside Target | 213.00 |
| Upside Target | 214.70 |
| Upside Target | 217.35 |
| Upside Target | 217.40 |
| Upside Target | 218.00 |
| Upside Target | 230.00 |
| Upside Target | 259.10 |
| Upside Target | 264.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 208.03 |
| Downside Intraday Target | 203.92 |
| Upside Intraday Target | 215.48 |
| Upside Intraday Target | 218.82 |
| Downside Intraday Target | 211.37 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 212.15 | 212.00 | 214.70 | 207.25 | 0.088 times |
| 09 Fri Aug 2024 | 213.20 | 208.05 | 218.00 | 196.30 | 1.061 times |
| 02 Fri Aug 2024 | 213.10 | 213.95 | 217.40 | 204.10 | 0.866 times |
| 26 Fri Jul 2024 | 209.40 | 201.30 | 213.00 | 193.50 | 1.183 times |
| 19 Fri Jul 2024 | 201.30 | 195.00 | 205.00 | 186.50 | 0.598 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 Mon Aug 2024 | 212.15 | 211.60 | 218.00 | 196.30 | 0.263 times |
| 31 Wed Jul 2024 | 209.40 | 204.80 | 217.35 | 186.50 | 1.288 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 |
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 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 to mid 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 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 losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.
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 209.82 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 positive
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 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 to mid 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 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 losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.
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 209.82 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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