(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 2024-09-13 View latest technical analysis
10 day averaged volume of Ovobel Foods is 4131
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 195.35 | 205.60 | 205.60 | 194.00 | 3.085 times |
| 12 Thu Sep 2024 | 201.65 | 195.00 | 207.00 | 190.80 | 1.6 times |
| 11 Wed Sep 2024 | 194.90 | 190.15 | 199.95 | 190.00 | 0.904 times |
| 10 Tue Sep 2024 | 192.75 | 194.00 | 194.00 | 185.55 | 1.136 times |
| 09 Mon Sep 2024 | 191.70 | 195.50 | 195.50 | 190.80 | 0.465 times |
| 06 Fri Sep 2024 | 195.55 | 194.05 | 197.85 | 193.00 | 0.802 times |
| 05 Thu Sep 2024 | 195.35 | 193.90 | 196.00 | 193.00 | 0.705 times |
| 04 Wed Sep 2024 | 193.90 | 194.90 | 198.00 | 190.00 | 0.459 times |
| 03 Tue Sep 2024 | 193.80 | 203.85 | 203.85 | 192.00 | 1.743 times |
| 02 Mon Sep 2024 | 197.65 | 203.50 | 207.40 | 197.00 | 1.365 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 194.4 as stoploss in an intra day buy trade for a target of 200.31. However, stock will show a bearish move below 194.4.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 185.55 |
| Upside Target | 198.60 |
| Upside Target | 207.00 |
| Upside Target | 207.40 |
| Upside Target | 210.95 |
| Upside Target | 217.35 |
| 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 | 184.93 |
| Downside Intraday Target | 174.52 |
| Upside Intraday Target | 206.38 |
| Upside Intraday Target | 217.42 |
| Upside Intraday Target | 195.97 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 195.35 | 195.50 | 207.00 | 185.55 | 1.417 times |
| 06 Fri Sep 2024 | 195.55 | 203.50 | 207.40 | 190.00 | 0.668 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 |
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 |
| 13 Fri Sep 2024 | 195.35 | 203.50 | 207.40 | 185.55 | 0.366 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Ovobel Foods in short term and the sell 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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 195.75 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Ovobel Foods in short term and the sell 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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 195.75 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.
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