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)

10 day averaged volume of Ovobel Foods is 5118

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	72.07	72.07	72.07	71.00	0.299 times
02 Wed Apr 2025	65.38	65.35	65.38	65.34	0.657 times
01 Tue Apr 2025	62.27	59.32	62.28	56.70	0.754 times
28 Fri Mar 2025	59.32	59.32	59.33	59.32	2.098 times
26 Wed Mar 2025	61.76	61.74	61.77	61.74	0.466 times
25 Tue Mar 2025	62.99	64.27	64.27	62.99	1.283 times
24 Mon Mar 2025	64.27	63.02	64.27	63.02	0.687 times
21 Fri Mar 2025	63.01	63.20	63.20	63.00	1.312 times
20 Thu Mar 2025	64.15	66.20	66.20	64.15	1.104 times
19 Wed Mar 2025	64.93	64.00	64.93	64.00	1.112 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.7, but if it comes below 69.7, then a intra day sell could be more profitable.
If you take a sell trade below 69.7, then use 69.7 as stoploss and 66.17 as target. However if you take a buy trade in stock , then use 69.7 as stoploss and 74 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Target	56.70
Downside Target	59.32
Downside Target	63.00
Downside Target	66.20
Downside Target	71.00
Downside Target	72.07
Upside Target	78.05
Upside Target	83.00
Upside Target	98.50
Upside Target	109.35
Upside Target	130.40

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Intraday Target	61.82
Downside Intraday Target	51.58
Upside Intraday Target	77.19
Upside Intraday Target	82.32
Downside Intraday Target	66.95

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	72.07	59.32	72.07	56.70	0.377 times
28 Fri Mar 2025	59.32	63.02	64.27	59.32	1.072 times
21 Fri Mar 2025	63.01	65.90	66.20	63.00	9.153 times
13 Thu Mar 2025	66.27	71.00	71.00	66.27	0.04 times
07 Fri Mar 2025	71.83	68.00	71.83	67.39	6.111 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
04 Fri Apr 2025	72.07	59.32	72.07	56.70	0.083 times
28 Fri Mar 2025	59.32	68.00	71.83	59.32	0.492 times
28 Fri Feb 2025	68.76	82.74	83.00	63.51	1.333 times
31 Fri Jan 2025	84.35	105.05	109.35	78.05	1.414 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 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 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 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 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.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 62.97 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.