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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 2025-01-06 View latest technical analysis

10 day averaged volume of Ovobel Foods is 5296

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	105.15	105.15	105.15	105.15	0.387 times
03 Fri Jan 2025	103.10	99.10	103.10	99.10	1.327 times
02 Thu Jan 2025	101.10	100.90	105.00	100.90	1.962 times
01 Wed Jan 2025	102.95	105.05	105.05	102.95	1.078 times
31 Tue Dec 2024	105.05	105.05	105.05	105.05	0.857 times
30 Mon Dec 2024	107.15	107.25	107.25	107.15	0.258 times
27 Fri Dec 2024	109.30	109.50	109.50	109.30	1.084 times
26 Thu Dec 2024	111.50	111.50	111.50	111.00	0.87 times
24 Tue Dec 2024	113.00	113.00	113.00	113.00	1.774 times
23 Mon Dec 2024	115.30	117.65	117.65	115.30	0.526 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 106.4, but if it comes above 106.4, then a intra day buy could be more profitable.
If you take a sell trade below 106.4, then use 106.4 as stoploss and 94.6 as target. However if you take a buy trade in stock , then use 106.4 as stoploss and 116.14 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Target	97.60
Downside Target	105.15
Upside Target	107.25
Upside Target	117.65
Upside Target	125.15
Upside Target	130.40
Upside Target	137.20
Upside Target	152.90
Upside Target	182.00
Upside Target	203.95
Upside Target	207.40

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Intraday Target	105.15
Downside Intraday Target	105.15
Downside Intraday Target	105.15
Downside Intraday Target	105.15
Upside Intraday Target	105.15

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	105.15	105.15	105.15	105.15	0.071 times
03 Fri Jan 2025	103.10	107.25	107.25	99.10	1.289 times
27 Fri Dec 2024	109.30	117.65	117.65	109.30	2.409 times
20 Fri Dec 2024	117.65	124.95	125.15	117.65	0.342 times
13 Fri Dec 2024	125.20	130.40	130.40	125.20	0.557 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
06 Mon Jan 2025	105.15	105.05	105.15	99.10	0.221 times
31 Tue Dec 2024	105.05	103.10	130.40	98.50	0.461 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

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 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 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 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 moving up

CCI has generated a buy signal for Ovobel Foods in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 106.8 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.