(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 2024-12-12 View latest technical analysis
10 day averaged volume of Ovobel Foods is 11101
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 127.75 | 130.00 | 130.00 | 127.75 | 0.147 times |
| 11 Wed Dec 2024 | 130.35 | 125.25 | 130.35 | 125.25 | 0.393 times |
| 10 Tue Dec 2024 | 127.80 | 128.00 | 128.00 | 127.80 | 1.282 times |
| 09 Mon Dec 2024 | 130.40 | 130.40 | 130.40 | 130.40 | 0.471 times |
| 06 Fri Dec 2024 | 124.20 | 124.20 | 124.20 | 124.20 | 0.51 times |
| 05 Thu Dec 2024 | 118.30 | 118.30 | 118.30 | 118.30 | 0.306 times |
| 04 Wed Dec 2024 | 112.70 | 106.85 | 112.70 | 102.85 | 0.49 times |
| 03 Tue Dec 2024 | 107.35 | 102.80 | 108.50 | 98.60 | 1.667 times |
| 02 Mon Dec 2024 | 103.35 | 103.10 | 104.90 | 98.50 | 1.446 times |
| 29 Fri Nov 2024 | 103.65 | 103.20 | 104.90 | 98.55 | 1.657 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.8, but if it comes below 125.8, then a intra day sell could be more profitable.
If you take a sell trade below 125.8, then use 125.8 as stoploss and 115.79 as target. However if you take a buy trade in stock , then use 125.8 as stoploss and 137.8 as target.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 97.60 |
| Downside Target | 102.00 |
| Downside Target | 112.65 |
| Downside Target | 115.35 |
| Downside Target | 124.20 |
| Upside Target | 130.40 |
| Upside Target | 135.00 |
| Upside Target | 152.90 |
| Upside Target | 182.00 |
| Upside Target | 191.40 |
| Upside Target | 203.95 |
| Upside Target | 207.40 |
| Upside Target | 220.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 125.2 |
| Downside Intraday Target | 122.65 |
| Upside Intraday Target | 130.35 |
| Upside Intraday Target | 132.95 |
| Upside Intraday Target | 127.8 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 127.75 | 130.40 | 130.40 | 125.25 | 0.519 times |
| 06 Fri Dec 2024 | 124.20 | 103.10 | 124.20 | 98.50 | 0.658 times |
| 29 Fri Nov 2024 | 103.65 | 108.05 | 112.65 | 97.60 | 1.051 times |
| 22 Fri Nov 2024 | 105.90 | 135.00 | 135.00 | 102.00 | 1.554 times |
| 14 Thu Nov 2024 | 129.90 | 138.60 | 138.60 | 115.35 | 0.847 times |
Price has moved up 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 |
| 12 Thu Dec 2024 | 127.75 | 103.10 | 130.40 | 98.50 | 0.301 times |
| 29 Fri Nov 2024 | 103.65 | 152.90 | 152.90 | 97.60 | 2.043 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 |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ovobel Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 113.53 and Ovobel Foods (OvobelFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ovobel Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 113.53 and Ovobel Foods (OvobelFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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