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(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 2024-09-16 View latest technical analysis

10 day averaged volume of Ovobel Foods is 5065

Date Daily Closing Price Open High Low Volume
16 Mon Sep 2024 190.35 195.30 196.05 190.15 2.064 times
13 Fri Sep 2024 195.35 205.60 205.60 194.00 2.516 times
12 Thu Sep 2024 201.65 195.00 207.00 190.80 1.305 times
11 Wed Sep 2024 194.90 190.15 199.95 190.00 0.737 times
10 Tue Sep 2024 192.75 194.00 194.00 185.55 0.926 times
09 Mon Sep 2024 191.70 195.50 195.50 190.80 0.379 times
06 Fri Sep 2024 195.55 194.05 197.85 193.00 0.654 times
05 Thu Sep 2024 195.35 193.90 196.00 193.00 0.575 times
04 Wed Sep 2024 193.90 194.90 198.00 190.00 0.374 times
03 Tue Sep 2024 193.80 203.85 203.85 192.00 1.421 times

Stock of Ovobel Foods (OvobelFoods) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 193.4, but if it comes above 193.4, then a intra day buy could be more profitable.
If you take a sell trade below 193.4, then use 193.4 as stoploss and 186.1 as target. However if you take a buy trade in stock , then use 193.4 as stoploss and 199.51 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 185.55
Upside Target 207.00
Upside Target 207.40
Upside Target 210.95
Upside Target 217.35
Upside Target 220.00
Upside Target 230.00
Upside Target 264.00

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 188.32
Downside Intraday Target 186.28
Upside Intraday Target 194.22
Upside Intraday Target 198.08
Upside Intraday Target 192.18

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
16 Mon Sep 2024 190.35 195.30 196.05 190.15 0.352 times
13 Fri Sep 2024 195.35 195.50 207.00 185.55 1.417 times
06 Fri Sep 2024 195.55 203.50 207.40 190.00 0.668 times
30 Fri Aug 2024 201.15 210.85 210.95 198.60 1.088 times
23 Fri Aug 2024 211.45 209.60 220.00 201.05 0.976 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 Mon Sep 2024 190.35 203.50 207.40 185.55 0.442 times
30 Fri Aug 2024 201.15 211.60 220.00 191.40 0.703 times
31 Wed Jul 2024 209.40 204.80 217.35 186.50 1.288 times
28 Fri Jun 2024 201.75 207.10 230.00 193.10 0.989 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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.

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 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 and selling is picking up 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 194.54 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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.

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 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 and selling is picking up 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 194.54 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ovobel Foods charts

Click here for further forecast and predictions for tomorrow

Daily charts

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