(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)
Intraday share price targets for Ovobel Foods (OvobelFoods)
|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|
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.