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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 2024-11-07 View latest technical analysis

10 day averaged volume of Ovobel Foods is 9818

Date Daily Closing Price Open High Low Volume
07 Thu Nov 2024 137.30 139.00 140.00 135.90 1.065 times
06 Wed Nov 2024 138.95 144.95 144.95 136.00 1.263 times
05 Tue Nov 2024 141.00 149.90 149.90 136.00 1.121 times
04 Mon Nov 2024 145.90 150.90 151.50 134.70 1.24 times
01 Fri Nov 2024 150.90 152.90 152.90 146.00 0.279 times
31 Thu Oct 2024 145.30 155.00 155.00 137.20 1.795 times
30 Wed Oct 2024 151.00 148.90 155.85 146.55 0.357 times
29 Tue Oct 2024 151.10 152.00 155.00 142.05 1.095 times
28 Mon Oct 2024 154.80 171.00 171.00 143.25 0.949 times
25 Fri Oct 2024 153.75 163.60 165.00 149.00 1.131 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 145.3, but if it comes above 145.3, then a intra day buy could be more profitable.
If you take a sell trade below 145.3, then use 145.3 as stoploss and 122.1 as target. However if you take a buy trade in stock , then use 145.3 as stoploss and 164.65 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 130.83
Downside Intraday Target 124.37
Upside Intraday Target 147.63
Upside Intraday Target 157.97
Upside Intraday Target 141.17

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
07 Thu Nov 2024 137.30 150.90 151.50 134.70 1.048 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
07 Thu Nov 2024 137.30 152.90 152.90 134.70 0.402 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 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 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 but selling 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 146.07 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 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 but selling 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 146.07 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

Daily charts

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