(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)
Showing technical analysis as on 2024-03-26 View latest technical analysis
10 day averaged volume of Ovobel Foods is 9416
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 213.20 | 219.50 | 219.50 | 210.10 | 1.578 times |
| 22 Fri Mar 2024 | 216.55 | 219.65 | 220.50 | 209.95 | 0.936 times |
| 21 Thu Mar 2024 | 214.30 | 213.00 | 218.80 | 211.50 | 0.582 times |
| 20 Wed Mar 2024 | 211.50 | 223.85 | 223.85 | 210.00 | 1.236 times |
| 19 Tue Mar 2024 | 218.60 | 218.00 | 229.70 | 216.00 | 0.93 times |
| 18 Mon Mar 2024 | 225.00 | 224.50 | 227.00 | 221.40 | 0.761 times |
| 15 Fri Mar 2024 | 224.50 | 224.95 | 226.00 | 214.05 | 1.09 times |
| 14 Thu Mar 2024 | 219.60 | 200.50 | 228.95 | 200.50 | 1.604 times |
| 13 Wed Mar 2024 | 201.40 | 223.00 | 223.00 | 200.05 | 1.433 times |
| 12 Tue Mar 2024 | 223.00 | 224.90 | 227.00 | 215.00 | 0.83 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 213.9, but if it comes above 213.9, then a intra day buy could be more profitable.
If you take a sell trade below 213.9, then use 213.9 as stoploss and 206.5 as target. However if you take a buy trade in stock , then use 213.9 as stoploss and 220.08 as target.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.35 |
| Downside Target | 200.05 |
| Downside Target | 209.95 |
| Upside Target | 219.50 |
| Upside Target | 224.00 |
| Upside Target | 229.00 |
| Upside Target | 240.00 |
| Upside Target | 242.10 |
| Upside Target | 275.70 |
| Upside Target | 276.00 |
| Upside Target | 280.00 |
| Upside Target | 304.40 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 209.03 |
| Downside Intraday Target | 204.87 |
| Upside Intraday Target | 218.43 |
| Upside Intraday Target | 223.67 |
| Upside Intraday Target | 214.27 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 213.20 | 219.50 | 219.50 | 210.10 | 0.355 times |
| 22 Fri Mar 2024 | 216.55 | 224.50 | 229.70 | 209.95 | 0.8 times |
| 15 Fri Mar 2024 | 224.50 | 229.00 | 229.00 | 200.05 | 1.974 times |
| 07 Thu Mar 2024 | 223.90 | 220.00 | 240.00 | 215.10 | 0.537 times |
| 02 Sat Mar 2024 | 220.20 | 226.00 | 234.00 | 212.25 | 1.153 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 |
| 26 Tue Mar 2024 | 213.20 | 226.95 | 240.00 | 200.05 | 0.39 times |
| 29 Thu Feb 2024 | 220.95 | 266.05 | 275.70 | 193.35 | 1.086 times |
| 31 Wed Jan 2024 | 270.10 | 243.00 | 280.00 | 235.05 | 1.046 times |
| 29 Fri Dec 2023 | 234.65 | 266.75 | 276.00 | 224.00 | 0.865 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 Ovobel Foods (OvobelFoods)
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. 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.
Ovobel Foods 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ovobel Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ovobel Foods is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 215.89 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. 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.
Ovobel Foods 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ovobel Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ovobel Foods is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 215.89 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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