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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)

Showing technical analysis as on 2024-09-02 View latest technical analysis

10 day averaged volume of Ovobel Foods is 6022

Date Daily Closing Price Open High Low Volume
02 Mon Sep 2024 197.65 203.50 207.40 197.00 0.937 times
30 Fri Aug 2024 201.15 202.00 203.90 200.00 0.565 times
29 Thu Aug 2024 201.20 202.00 204.30 198.60 0.982 times
28 Wed Aug 2024 204.30 201.00 205.80 200.00 0.658 times
27 Tue Aug 2024 201.40 209.95 209.95 200.25 1.704 times
26 Mon Aug 2024 208.10 210.85 210.95 204.85 1.3 times
23 Fri Aug 2024 211.45 208.00 211.85 203.50 1.311 times
22 Thu Aug 2024 208.90 206.90 212.60 204.50 0.636 times
21 Wed Aug 2024 206.90 203.80 209.80 202.50 0.453 times
20 Tue Aug 2024 203.75 208.00 210.00 201.05 0.653 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 195.8, for a target of 201.9 or 207.04

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 186.50
Downside Target 191.40
Upside Target 207.40
Upside Target 210.95
Upside Target 217.35
Upside Target 218.00
Upside Target 219.00
Upside Target 220.00
Upside Target 230.00
Upside Target 264.00

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 193.97
Downside Intraday Target 190.28
Upside Intraday Target 204.37
Upside Intraday Target 211.08
Upside Intraday Target 200.68

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
02 Mon Sep 2024 197.65 203.50 207.40 197.00 0.18 times
30 Fri Aug 2024 201.15 210.85 210.95 198.60 1.088 times
23 Fri Aug 2024 211.45 209.60 220.00 201.05 0.976 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

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
02 Mon Sep 2024 197.65 203.50 207.40 197.00 0.041 times
30 Fri Aug 2024 201.15 211.60 220.00 191.40 0.703 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

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 Weak 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 green color and prices are in or below 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 204.52 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 Weak 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 green color and prices are in or below 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 204.52 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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