(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 2024-08-16 View latest technical analysis
10 day averaged volume of Ovobel Foods is 6390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 209.60 | 213.80 | 213.80 | 191.40 | 2.218 times |
| 14 Wed Aug 2024 | 213.80 | 214.50 | 215.00 | 208.20 | 0.638 times |
| 13 Tue Aug 2024 | 214.65 | 214.95 | 219.00 | 207.00 | 1.28 times |
| 12 Mon Aug 2024 | 212.15 | 212.00 | 214.70 | 207.25 | 0.489 times |
| 09 Fri Aug 2024 | 213.20 | 207.05 | 215.00 | 205.10 | 0.867 times |
| 08 Thu Aug 2024 | 208.45 | 217.25 | 217.25 | 206.45 | 0.753 times |
| 07 Wed Aug 2024 | 214.25 | 203.50 | 218.00 | 203.00 | 1.323 times |
| 06 Tue Aug 2024 | 203.10 | 200.35 | 214.75 | 200.00 | 1.392 times |
| 05 Mon Aug 2024 | 200.35 | 208.05 | 208.05 | 196.30 | 1.244 times |
| 02 Fri Aug 2024 | 213.10 | 217.00 | 217.40 | 207.80 | 1.119 times |
Stock of Ovobel Foods (OvobelFoods) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 214.2 or till 220.3. Use a stoploss of 209.22 and if this stock hits its stoploss, then it can fall down till 204.19
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 186.50 |
| Downside Target | 191.40 |
| Upside Target | 213.00 |
| Upside Target | 217.35 |
| Upside Target | 217.40 |
| Upside Target | 218.00 |
| Upside Target | 219.00 |
| 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 | 194.33 |
| Downside Intraday Target | 179.07 |
| Upside Intraday Target | 221.93 |
| Upside Intraday Target | 234.27 |
| Downside Intraday Target | 206.67 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 209.60 | 212.00 | 219.00 | 191.40 | 0.829 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 |
| 16 Fri Aug 2024 | 209.60 | 211.60 | 219.00 | 191.40 | 0.397 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ovobel Foods in short term and the buy signal is strong.
Ovobel Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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
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 209.79 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ovobel Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ovobel Foods in short term and the buy signal is strong.
Ovobel Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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
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 209.79 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 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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