(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 2024-11-05 View latest technical analysis
10 day averaged volume of Ovobel Foods is 8599
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 141.00 | 149.90 | 149.90 | 136.00 | 1.28 times |
| 04 Mon Nov 2024 | 145.90 | 150.90 | 151.50 | 134.70 | 1.416 times |
| 01 Fri Nov 2024 | 150.90 | 152.90 | 152.90 | 146.00 | 0.318 times |
| 31 Thu Oct 2024 | 145.30 | 155.00 | 155.00 | 137.20 | 2.049 times |
| 30 Wed Oct 2024 | 151.00 | 148.90 | 155.85 | 146.55 | 0.408 times |
| 29 Tue Oct 2024 | 151.10 | 152.00 | 155.00 | 142.05 | 1.251 times |
| 28 Mon Oct 2024 | 154.80 | 171.00 | 171.00 | 143.25 | 1.083 times |
| 25 Fri Oct 2024 | 153.75 | 163.60 | 165.00 | 149.00 | 1.292 times |
| 24 Thu Oct 2024 | 163.45 | 172.40 | 172.40 | 158.00 | 0.877 times |
| 23 Wed Oct 2024 | 168.15 | 177.70 | 177.70 | 161.05 | 0.929 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 151.3, but if it comes above 151.3, then a intra day buy could be more profitable.
If you take a sell trade below 151.3, then use 151.3 as stoploss and 128.5 as target. However if you take a buy trade in stock , then use 151.3 as stoploss and 170.23 as target.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 134.70 |
| Upside Target | 149.00 |
| Upside Target | 171.00 |
| Upside Target | 182.00 |
| Upside Target | 186.50 |
| Upside Target | 191.40 |
| Upside Target | 197.00 |
| Upside Target | 202.95 |
| Upside Target | 203.95 |
| Upside Target | 207.40 |
| Upside Target | 217.35 |
| Upside Target | 220.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 133.3 |
| Downside Intraday Target | 125.6 |
| Upside Intraday Target | 150.1 |
| Upside Intraday Target | 159.2 |
| Upside Intraday Target | 142.4 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 141.00 | 150.90 | 151.50 | 134.70 | 0.528 times |
| 01 Fri Nov 2024 | 150.90 | 171.00 | 171.00 | 137.20 | 1.206 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 |
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 |
| 05 Tue Nov 2024 | 141.00 | 152.90 | 152.90 | 134.70 | 0.214 times |
| 31 Thu Oct 2024 | 145.30 | 188.00 | 203.95 | 137.20 | 1.136 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 |
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 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 151.27 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 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 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 151.27 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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