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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)

10 day averaged volume of Ovobel Foods is 6050

Date Daily Closing Price Open High Low Volume
30 Wed Nov 2022 167.90 169.95 173.50 164.00 0.446 times
29 Tue Nov 2022 165.25 156.40 167.45 156.40 1.107 times
28 Mon Nov 2022 164.60 178.85 178.85 162.10 1.289 times
25 Fri Nov 2022 170.35 168.00 170.35 165.00 1.306 times
24 Thu Nov 2022 162.25 162.25 162.25 148.20 4.149 times
23 Wed Nov 2022 154.55 154.55 154.55 154.55 1.339 times
22 Tue Nov 2022 147.20 147.20 147.20 147.20 0.231 times
21 Mon Nov 2022 140.20 140.20 140.20 140.20 0.149 times
18 Fri Nov 2022 133.55 133.55 133.55 133.55 0.314 times
17 Thu Nov 2022 127.20 127.20 127.20 127.20 0.05 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 156.2, but if it comes below 156.2, then a intra day sell could be more profitable.
If you take a sell trade below 156.2, then use 156.2 as stoploss and 127.93 as target. However if you take a buy trade in stock , then use 156.2 as stoploss and 190.1 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 44.40
Downside Target 56.75
Downside Target 63.80
Downside Target 81.55
Downside Target 86.40
Downside Target 90.90
Downside Target 93.95
Downside Target 108.80
Downside Target 127.90
Downside Target 133.55
Downside Target 140.20
Downside Target 156.40
Upside Target 170.35
Upside Target 178.85

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 156.58
Downside Intraday Target 145.27
Upside Intraday Target 179.03
Upside Intraday Target 190.17
Downside Intraday Target 167.72

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
30 Wed Nov 2022 167.90 178.85 178.85 156.40 0.396 times
25 Fri Nov 2022 170.35 140.20 170.35 140.20 13.563 times
18 Fri Nov 2022 133.55 109.90 133.55 109.90 0.842 times
11 Fri Nov 2022 105.00 93.95 108.80 93.95 0.667 times
04 Fri Nov 2022 93.05 91.15 94.40 86.40 2.111 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
30 Wed Nov 2022 167.90 86.55 178.85 86.40 6.276 times
31 Mon Oct 2022 90.90 100.05 110.25 90.90 0.367 times
30 Fri Sep 2022 105.00 95.55 127.90 81.55 0.637 times
30 Tue Aug 2022 95.55 66.50 95.55 56.75 2.075 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ovobel Foods (OvobelFoods)

Indicator Name Indicator Value Indicator Signal
ADX 62, 11, 71 Buy
MACD 32, 26Buy
Stochastics 78Buy
CCI 82Buy
RSI 58Buy
OBV 51800Sell
VWAP 161Buy
ADL 0Sell
ROC 39Buy
Force Index 0Sell

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 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 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 mid to longer 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.

ADX buy sell signal for Ovobel Foods stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ovobel Foods in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY 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 161.44 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 positive

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

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Daily charts

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

Daily chart

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