(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 2024-04-01 View latest technical analysis
10 day averaged volume of Ovobel Foods is 12312
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 211.25 | 208.95 | 218.90 | 202.50 | 0.962 times |
| 28 Thu Mar 2024 | 196.75 | 205.10 | 205.10 | 193.00 | 1.626 times |
| 27 Wed Mar 2024 | 203.90 | 213.20 | 229.00 | 200.00 | 1.708 times |
| 26 Tue Mar 2024 | 213.20 | 219.50 | 219.50 | 210.10 | 1.207 times |
| 22 Fri Mar 2024 | 216.55 | 219.65 | 220.50 | 209.95 | 0.716 times |
| 21 Thu Mar 2024 | 214.30 | 213.00 | 218.80 | 211.50 | 0.445 times |
| 20 Wed Mar 2024 | 211.50 | 223.85 | 223.85 | 210.00 | 0.945 times |
| 19 Tue Mar 2024 | 218.60 | 218.00 | 229.70 | 216.00 | 0.711 times |
| 18 Mon Mar 2024 | 225.00 | 224.50 | 227.00 | 221.40 | 0.582 times |
| 15 Fri Mar 2024 | 224.50 | 224.95 | 226.00 | 214.05 | 0.834 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 208.7 as stoploss in an intra day buy trade for a target of 217.07. However, stock will show a bearish move below 208.7.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.00 |
| Downside Target | 200.05 |
| Downside Target | 209.95 |
| Upside Target | 215.10 |
| Upside Target | 224.00 |
| Upside Target | 229.00 |
| Upside Target | 229.70 |
| Upside Target | 235.05 |
| Upside Target | 240.00 |
| Upside Target | 275.70 |
| Upside Target | 276.00 |
| Upside Target | 280.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 202.87 |
| Downside Intraday Target | 194.48 |
| Upside Intraday Target | 219.27 |
| Upside Intraday Target | 227.28 |
| Downside Intraday Target | 210.88 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 211.25 | 208.95 | 218.90 | 202.50 | 0.212 times |
| 28 Thu Mar 2024 | 196.75 | 219.50 | 229.00 | 193.00 | 1.336 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 |
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 |
| 01 Mon Apr 2024 | 211.25 | 208.95 | 218.90 | 202.50 | 0.064 times |
| 28 Thu Mar 2024 | 196.75 | 226.95 | 240.00 | 193.00 | 0.5 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 |
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)
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 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 Weak and stock is losing 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 210.83 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 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.
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 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 Weak and stock is losing 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 210.83 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 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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