Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-16 View latest technical analysis

10 day averaged volume of Ovobel Foods is 3912

Date Daily Closing Price Open High Low Volume
16 Thu Jan 2025 98.80 102.60 102.60 98.80 0.837 times
15 Wed Jan 2025 100.80 100.80 102.95 100.80 0.702 times
14 Tue Jan 2025 102.85 102.85 102.85 102.85 0.687 times
13 Mon Jan 2025 104.90 104.90 104.90 104.90 1.002 times
10 Fri Jan 2025 107.00 107.25 107.25 107.00 0.506 times
09 Thu Jan 2025 107.10 107.25 107.25 105.00 0.456 times
08 Wed Jan 2025 105.15 109.35 109.35 105.15 0.569 times
07 Tue Jan 2025 107.25 107.25 107.25 106.75 1.101 times
06 Mon Jan 2025 105.15 105.15 105.15 105.15 0.524 times
03 Fri Jan 2025 103.10 99.10 103.10 99.10 1.796 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 101.7, but if it comes above 101.7, then a intra day buy could be more profitable.
If you take a sell trade below 101.7, then use 101.7 as stoploss and 95 as target. However if you take a buy trade in stock , then use 101.7 as stoploss and 107.26 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 97.60
Upside Target 104.90
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 96.77
Downside Intraday Target 94.73
Upside Intraday Target 102.87
Upside Intraday Target 106.93
Upside Intraday Target 100.83

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
16 Thu Jan 2025 98.80 104.90 104.90 98.80 1.023 times
10 Fri Jan 2025 107.00 105.15 109.35 105.00 0.425 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

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
16 Thu Jan 2025 98.80 105.05 109.35 98.80 0.421 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.

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 BUY signal in short term and the buying is gaining 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 103.96 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.

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 BUY signal in short term and the buying is gaining 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 103.96 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. 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 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme