(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 2024-10-29 View latest technical analysis
10 day averaged volume of Ovobel Foods is 5643
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 151.10 | 152.00 | 155.00 | 142.05 | 1.906 times |
| 28 Mon Oct 2024 | 154.80 | 171.00 | 171.00 | 143.25 | 1.651 times |
| 25 Fri Oct 2024 | 153.75 | 163.60 | 165.00 | 149.00 | 1.968 times |
| 24 Thu Oct 2024 | 163.45 | 172.40 | 172.40 | 158.00 | 1.337 times |
| 23 Wed Oct 2024 | 168.15 | 177.70 | 177.70 | 161.05 | 1.415 times |
| 22 Tue Oct 2024 | 177.60 | 180.00 | 188.90 | 176.50 | 0.574 times |
| 21 Mon Oct 2024 | 178.80 | 184.00 | 189.75 | 175.30 | 1.159 times |
| 18 Fri Oct 2024 | 185.25 | 192.00 | 192.00 | 182.50 | 1.025 times |
| 17 Thu Oct 2024 | 191.65 | 188.65 | 193.70 | 186.10 | 0.202 times |
| 16 Wed Oct 2024 | 188.65 | 187.75 | 190.00 | 186.65 | 0.205 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 149.5, for a target of 166.8 or 181.13
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 142.05 |
| Downside Target | 149.00 |
| Upside Target | 171.00 |
| Upside Target | 182.00 |
| Upside Target | 186.50 |
| Upside Target | 197.00 |
| Upside Target | 202.95 |
| Upside Target | 203.95 |
| Upside Target | 207.40 |
| Upside Target | 217.35 |
| Upside Target | 220.00 |
| Upside Target | 230.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 138.43 |
| Downside Intraday Target | 125.77 |
| Upside Intraday Target | 167.38 |
| Upside Intraday Target | 183.67 |
| Upside Intraday Target | 154.72 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 151.10 | 171.00 | 171.00 | 142.05 | 0.551 times |
| 25 Fri Oct 2024 | 153.75 | 184.00 | 189.75 | 149.00 | 2.677 times |
| 18 Fri Oct 2024 | 185.25 | 191.75 | 197.00 | 182.50 | 0.957 times |
| 11 Fri Oct 2024 | 191.50 | 194.20 | 202.95 | 182.20 | 0.706 times |
| 03 Thu Oct 2024 | 197.30 | 189.45 | 203.95 | 182.80 | 0.73 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 |
| 29 Tue Oct 2024 | 151.10 | 188.00 | 203.95 | 142.05 | 0.938 times |
| 30 Mon Sep 2024 | 185.80 | 203.50 | 207.40 | 182.00 | 0.772 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 |
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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 164.23 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 164.23 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
Click here for further forecast and predictions for tomorrow