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(Obi) Obi complete technical analysis [charts+indicators] | Buy/Sell Obi | (Obi) share price targets

Complete technical analysis of Obi (Obi) by charts plus indicators, forecast predictions and share price targets for Obi (Obi)

10 day averaged volume of Obi is 107880

Date Daily Closing Price Open High Low Volume
22 Wed Sep 2021 3.26 3.58 3.58 3.26 1.026 times
21 Tue Sep 2021 3.43 3.40 3.43 3.15 0.773 times
20 Mon Sep 2021 3.27 3.30 3.30 3.00 1.311 times
17 Fri Sep 2021 3.15 3.44 3.46 3.15 2.263 times
16 Thu Sep 2021 3.31 3.30 3.49 3.24 2.567 times
15 Wed Sep 2021 3.41 3.60 3.64 3.40 1.514 times
14 Tue Sep 2021 3.57 3.51 3.65 3.50 0.487 times
13 Mon Sep 2021 3.67 3.63 3.74 3.45 0.493 times
09 Thu Sep 2021 3.58 3.61 3.62 3.45 0.078 times
08 Wed Sep 2021 3.61 3.74 3.74 3.44 0.239 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.4, but if it comes above 3.4, then a intra day buy could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3.2 as target. However if you take a buy trade in stock , then use 3.4 as stoploss and 3.51 as target.

Share price targets for Obi (Obi)

Target Type Value
Downside Target 3.00
Downside Target 3.15
Downside Target 3.25
Upside Target 3.36
Upside Target 3.58
Upside Target 3.73
Upside Target 3.92
Upside Target 4.00
Upside Target 5.49
Upside Target 6.90
Upside Target 7.16
Upside Target 7.70
Upside Target 8.70

Intraday share price targets for Obi (Obi)

Target Type Value
Downside Intraday Target 2.98
Downside Intraday Target 2.7
Upside Intraday Target 3.56
Upside Intraday Target 3.86
Upside Intraday Target 3.28

Weekly technical analysis of Obi (Obi)

Date Weekly Closing Price Open High Low Volume
22 Wed Sep 2021 3.26 3.30 3.58 3.00 0.425 times
17 Fri Sep 2021 3.15 3.63 3.74 3.15 8.251 times
09 Thu Sep 2021 3.58 3.71 3.75 3.44 0.731 times
03 Fri Sep 2021 3.55 3.50 3.73 3.36 0.333 times
27 Fri Aug 2021 3.53 3.45 3.92 3.25 1.985 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 Obi (Obi)

Date Monthly Closing Price Open High Low Volume
22 Wed Sep 2021 3.26 3.56 3.75 3.00 0.537 times
31 Tue Aug 2021 3.57 3.59 4.00 3.00 0.513 times
30 Fri Jul 2021 3.45 7.05 7.16 3.42 17.991 times
30 Wed Jun 2021 7.18 7.69 8.70 6.90 3.39 times

Scroll below to view daily charts

Price has moved down 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 Obi (Obi)

Indicator Name Indicator Value Indicator Signal
ADX 25, 21, 8 Buy
MACD -0, -0Buy
Stochastics 43None
CCI -33Buy
RSI 52Buy
OBV -421735Sell
VWAP 3Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Obi ( (Obi) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Obi ( (Obi) ) 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 Obi ( (Obi) ) 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 Obi ( (Obi) ) 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 Obi stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Obi in short term but the buy signal is initial and weak.

Obi Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Obi 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 negative zone. This is the SELL zone

Stock of Obi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.33 and Obi (Obi) 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 Obi (Obi) stock. Volume based technical analysis of Obi (Obi) stock is negative.

Obi 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.

Click here for Obi charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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