(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 2024-04-16 View latest technical analysis
10 day averaged volume of Ovobel Foods is 9690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 231.35 | 228.00 | 233.80 | 225.00 | 0.216 times |
| 15 Mon Apr 2024 | 225.90 | 216.35 | 232.90 | 216.35 | 0.529 times |
| 12 Fri Apr 2024 | 235.35 | 239.00 | 241.00 | 228.00 | 0.429 times |
| 10 Wed Apr 2024 | 234.60 | 238.10 | 248.95 | 230.90 | 0.601 times |
| 09 Tue Apr 2024 | 240.95 | 249.80 | 249.80 | 231.00 | 0.379 times |
| 08 Mon Apr 2024 | 243.05 | 245.20 | 256.75 | 238.00 | 0.939 times |
| 05 Fri Apr 2024 | 253.10 | 259.10 | 259.10 | 240.00 | 2.187 times |
| 04 Thu Apr 2024 | 244.60 | 235.90 | 249.15 | 227.00 | 1.631 times |
| 03 Wed Apr 2024 | 222.70 | 215.95 | 234.90 | 210.00 | 1.123 times |
| 02 Tue Apr 2024 | 215.95 | 213.50 | 218.95 | 210.00 | 0.96 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 238.4 as stoploss in an intra day sell trade for a target of 224.16. However, stock will show a bullish move above 238.4.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.00 |
| Downside Target | 202.50 |
| Downside Target | 209.95 |
| Downside Target | 216.35 |
| Downside Target | 224.00 |
| Upside Target | 240.00 |
| Upside Target | 256.75 |
| Upside Target | 259.10 |
| 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 | 220.53 |
| Downside Intraday Target | 209.72 |
| Upside Intraday Target | 237.98 |
| Upside Intraday Target | 244.62 |
| Downside Intraday Target | 227.17 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 231.35 | 216.35 | 233.80 | 216.35 | 0.317 times |
| 12 Fri Apr 2024 | 235.35 | 245.20 | 256.75 | 228.00 | 0.33 times |
| 05 Fri Apr 2024 | 253.10 | 208.95 | 259.10 | 202.50 | 1.235 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 |
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 |
| 16 Tue Apr 2024 | 231.35 | 208.95 | 259.10 | 202.50 | 0.532 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Ovobel Foods in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 238.03 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Ovobel Foods in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 238.03 and Ovobel Foods (OvobelFoods) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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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