(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 2024-08-19 View latest technical analysis
10 day averaged volume of Ovobel Foods is 7234
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 206.40 | 209.60 | 220.00 | 205.50 | 1.446 times |
| 16 Fri Aug 2024 | 209.60 | 213.80 | 213.80 | 191.40 | 1.959 times |
| 14 Wed Aug 2024 | 213.80 | 214.50 | 215.00 | 208.20 | 0.564 times |
| 13 Tue Aug 2024 | 214.65 | 214.95 | 219.00 | 207.00 | 1.131 times |
| 12 Mon Aug 2024 | 212.15 | 212.00 | 214.70 | 207.25 | 0.432 times |
| 09 Fri Aug 2024 | 213.20 | 207.05 | 215.00 | 205.10 | 0.765 times |
| 08 Thu Aug 2024 | 208.45 | 217.25 | 217.25 | 206.45 | 0.665 times |
| 07 Wed Aug 2024 | 214.25 | 203.50 | 218.00 | 203.00 | 1.168 times |
| 06 Tue Aug 2024 | 203.10 | 200.35 | 214.75 | 200.00 | 1.23 times |
| 05 Mon Aug 2024 | 200.35 | 208.05 | 208.05 | 196.30 | 1.099 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 204.7 as stoploss in an intra day buy trade for a target of 209.48. However, stock will show a bearish move below 204.7.
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 | 220.00 |
| 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 | 201.27 |
| Downside Intraday Target | 196.13 |
| Upside Intraday Target | 215.77 |
| Upside Intraday Target | 225.13 |
| Upside Intraday Target | 210.63 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 206.40 | 209.60 | 220.00 | 205.50 | 0.354 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 206.40 | 211.60 | 220.00 | 191.40 | 0.45 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Ovobel Foods in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 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 209.01 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Ovobel Foods in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 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 209.01 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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