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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 2025-01-20 View latest technical analysis

10 day averaged volume of Ovobel Foods is 3140

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	96.80	96.85	101.70	94.00	4.051 times
17 Fri Jan 2025	96.90	96.85	98.00	96.85	2.047 times
16 Thu Jan 2025	98.80	102.60	102.60	98.80	1.043 times
15 Wed Jan 2025	100.80	100.80	102.95	100.80	0.875 times
14 Tue Jan 2025	102.85	102.85	102.85	102.85	0.856 times
13 Mon Jan 2025	104.90	104.90	104.90	104.90	1.248 times
10 Fri Jan 2025	107.00	107.25	107.25	107.00	0.631 times
09 Thu Jan 2025	107.10	107.25	107.25	105.00	0.568 times
08 Wed Jan 2025	105.15	109.35	109.35	105.15	0.709 times
07 Tue Jan 2025	107.25	107.25	107.25	106.75	1.372 times

Stock of Ovobel Foods (OvobelFoods) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.2, but if it comes above 100.2, then a intra day buy could be more profitable.
If you take a sell trade below 100.2, then use 100.2 as stoploss and 94.4 as target. However if you take a buy trade in stock , then use 100.2 as stoploss and 105.06 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Target	94.00
Upside Target	96.85
Upside Target	101.70
Upside Target	104.90
Upside Target	107.25
Upside Target	117.65
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	93.3
Downside Intraday Target	89.8
Upside Intraday Target	101
Upside Intraday Target	105.2
Upside Intraday Target	97.5

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	96.80	96.85	101.70	94.00	0.667 times
17 Fri Jan 2025	96.90	104.90	104.90	96.85	1.544 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

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
20 Mon Jan 2025	96.80	105.05	109.35	94.00	0.589 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 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.

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 coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 100.8 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.