(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 4308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 130.90 | 126.30 | 130.90 | 125.00 | 0.732 times |
| 29 Wed Mar 2023 | 124.70 | 129.50 | 132.50 | 124.10 | 1.178 times |
| 28 Tue Mar 2023 | 130.40 | 130.20 | 137.95 | 128.50 | 0.563 times |
| 27 Mon Mar 2023 | 134.00 | 138.00 | 140.00 | 133.65 | 0.916 times |
| 24 Fri Mar 2023 | 140.65 | 140.00 | 145.00 | 137.20 | 0.785 times |
| 23 Thu Mar 2023 | 143.70 | 145.80 | 145.80 | 140.20 | 0.273 times |
| 22 Wed Mar 2023 | 145.90 | 136.25 | 148.00 | 136.25 | 0.638 times |
| 21 Tue Mar 2023 | 142.30 | 144.20 | 151.00 | 141.55 | 1.633 times |
| 20 Mon Mar 2023 | 149.00 | 159.55 | 159.55 | 148.75 | 0.955 times |
| 17 Fri Mar 2023 | 156.55 | 152.00 | 159.55 | 144.40 | 1.76 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 135.2, but if it comes above 135.2, then a intra day buy could be more profitable.
If you take a sell trade below 135.2, then use 135.2 as stoploss and 107.9 as target. However if you take a buy trade in stock , then use 135.2 as stoploss and 157.96 as target.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 86.40 |
| Downside Target | 124.10 |
| Upside Target | 134.85 |
| Upside Target | 140.00 |
| Upside Target | 144.40 |
| Upside Target | 159.55 |
| Upside Target | 170.65 |
| Upside Target | 178.85 |
| Upside Target | 189.05 |
| Upside Target | 199.00 |
| Upside Target | 209.70 |
| Upside Target | 301.00 |
| Upside Target | 315.50 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 123.33 |
| Downside Intraday Target | 115.77 |
| Upside Intraday Target | 139.23 |
| Upside Intraday Target | 147.57 |
| Upside Intraday Target | 131.67 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 130.90 | 138.00 | 140.00 | 124.10 | 0.791 times |
| 24 Fri Mar 2023 | 140.65 | 159.55 | 159.55 | 136.25 | 0.599 times |
| 17 Fri Mar 2023 | 156.55 | 163.40 | 163.40 | 144.40 | 1.705 times |
| 10 Fri Mar 2023 | 171.95 | 198.00 | 209.70 | 171.95 | 0.32 times |
| 03 Fri Mar 2023 | 197.95 | 199.00 | 199.00 | 170.65 | 11.827 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 |
| 31 Fri Mar 2023 | 130.90 | 179.60 | 209.70 | 124.10 | 2.174 times |
| 28 Tue Feb 2023 | 189.05 | 295.00 | 315.50 | 189.05 | 0.43 times |
| 31 Tue Jan 2023 | 285.70 | 166.95 | 301.00 | 162.05 | 5.57 times |
| 30 Fri Dec 2022 | 161.15 | 167.90 | 171.95 | 134.85 | 0.363 times |
Scroll below to view daily charts
Price has moved down 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 | 7, 43, 71 | Sell |
| MACD | -40, -38 | Sell |
| Stochastics | 9 | Sell |
| CCI | -102 | Buy |
| RSI | 53 | Buy |
| OBV | 41075 | Sell |
| VWAP | 141 | Sell |
| ADL | 0 | Sell |
| ROC | -14 | Sell |
| Force Index | 0 | Sell |
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 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 141.19 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.
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