[moreButton]
 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)

10 day averaged volume of Ovobel Foods is 570

Date Daily Closing Price Open High Low Volume
23 Thu Sep 2021 33.35 33.30 33.35 33.30 0.526 times
22 Wed Sep 2021 31.80 31.80 31.80 31.80 0.877 times
21 Tue Sep 2021 30.30 30.30 30.30 30.30 0.526 times
20 Mon Sep 2021 28.90 28.90 28.90 28.90 0.175 times
17 Fri Sep 2021 27.55 27.55 27.55 27.55 0.175 times
15 Wed Sep 2021 26.25 26.25 26.25 26.25 0.877 times
14 Tue Sep 2021 25.00 25.00 25.25 25.00 3.509 times
13 Mon Sep 2021 26.20 26.25 26.30 26.20 0.702 times
09 Thu Sep 2021 27.55 28.00 28.00 27.55 1.579 times
08 Wed Sep 2021 29.00 29.00 29.00 29.00 0.526 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 33.9 as stoploss in an intra day sell trade for a target of 30.74. However, stock will show a bullish move above 33.9.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 25.00
Downside Target 27.55
Downside Target 28.90
Downside Target 30.40
Downside Target 33.00
Upside Target 34.00
Upside Target 36.10
Upside Target 38.95
Upside Target 39.75
Upside Target 42.35
Upside Target 48.95
Upside Target 52.35

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 30.38
Downside Intraday Target 27.42
Upside Intraday Target 34.83
Upside Intraday Target 36.32
Downside Intraday Target 31.87

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
23 Thu Sep 2021 33.35 28.90 33.35 28.90 0.4 times
17 Fri Sep 2021 27.55 26.25 27.55 25.00 1.667 times
09 Thu Sep 2021 27.55 30.40 30.40 27.55 3 times
02 Thu Sep 2021 31.90 34.00 34.00 30.90 0.667 times
27 Fri Aug 2021 32.50 31.00 33.00 31.00 1.286 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
23 Thu Sep 2021 33.35 34.00 34.00 25.00 1.015 times
27 Fri Aug 2021 32.50 36.00 38.95 31.00 1.327 times
30 Fri Jul 2021 36.10 48.95 48.95 36.10 0.721 times
30 Wed Jun 2021 51.50 42.30 52.35 39.75 1.153 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)

Indicator Name Indicator Value Indicator Signal
ADX 50, 36, 17 Buy
MACD -3, -4Buy
Stochastics 92Buy
CCI 153Buy
RSI 48Sell
OBV -2200Sell
VWAP 27Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is

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 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 BUY. Signal strength is Weak 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 SELL signal in short term but selling is losing 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 27.36 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 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 is giving positive 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme