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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 2025-02-07 View latest technical analysis

10 day averaged volume of Ovobel Foods is 10575

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	80.62	79.00	81.99	76.55	1.603 times
06 Thu Feb 2025	78.09	79.84	79.84	75.60	1.153 times
05 Wed Feb 2025	77.91	80.95	80.95	75.47	0.889 times
04 Tue Feb 2025	78.60	81.69	82.00	75.60	1.382 times
03 Mon Feb 2025	79.43	82.74	83.00	78.67	1.133 times
31 Fri Jan 2025	84.35	83.00	87.55	80.70	0.85 times
30 Thu Jan 2025	84.90	83.65	85.90	78.05	1.027 times
29 Wed Jan 2025	82.10	89.00	89.00	81.05	0.86 times
28 Tue Jan 2025	85.20	90.00	90.00	85.10	0.867 times
27 Mon Jan 2025	89.55	91.85	91.85	88.10	0.974 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.2, but if it comes above 81.2, then a intra day buy could be more profitable.
If you take a sell trade below 81.2, then use 81.2 as stoploss and 70.7 as target. However if you take a buy trade in stock , then use 81.2 as stoploss and 89.99 as target.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Target	75.47
Downside Target	78.05
Upside Target	83.00
Upside Target	88.40
Upside Target	91.85
Upside Target	96.85
Upside Target	101.70
Upside Target	104.90
Upside Target	109.35
Upside Target	130.40
Upside Target	137.20
Upside Target	152.90
Upside Target	203.95

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type	Value
Downside Intraday Target	76.39
Downside Intraday Target	72.17
Upside Intraday Target	83.92
Upside Intraday Target	87.23
Downside Intraday Target	79.7

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	80.62	82.74	83.00	75.47	1.345 times
31 Fri Jan 2025	84.35	91.85	91.85	78.05	0.827 times
24 Fri Jan 2025	92.70	96.85	101.70	88.40	3.071 times
17 Fri Jan 2025	96.90	104.90	104.90	96.85	1.544 times
10 Fri Jan 2025	107.00	105.15	109.35	105.00	0.425 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
07 Fri Feb 2025	80.62	82.74	83.00	75.47	0.403 times
31 Fri Jan 2025	84.35	105.05	109.35	78.05	1.414 times
31 Tue Dec 2024	105.05	103.10	130.40	98.50	0.461 times
29 Fri Nov 2024	103.65	152.90	152.90	97.60	2.043 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong 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 BUY signal in short term and the buying is gaining 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 81.74 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.