(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 2024-07-26 View latest technical analysis
10 day averaged volume of Ovobel Foods is 7481
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 209.40 | 206.00 | 213.00 | 199.80 | 1.178 times |
| 25 Thu Jul 2024 | 205.65 | 205.00 | 210.90 | 204.00 | 0.933 times |
| 24 Wed Jul 2024 | 207.20 | 208.00 | 209.00 | 199.00 | 1.426 times |
| 23 Tue Jul 2024 | 205.90 | 205.00 | 212.95 | 193.65 | 1.229 times |
| 22 Mon Jul 2024 | 199.40 | 201.30 | 201.30 | 193.50 | 0.421 times |
| 19 Fri Jul 2024 | 201.30 | 198.00 | 205.00 | 193.15 | 1.081 times |
| 18 Thu Jul 2024 | 197.45 | 194.05 | 201.40 | 190.35 | 1.114 times |
| 16 Tue Jul 2024 | 192.90 | 190.10 | 195.90 | 186.50 | 1.66 times |
| 15 Mon Jul 2024 | 193.25 | 195.00 | 196.00 | 191.70 | 0.527 times |
| 12 Fri Jul 2024 | 195.00 | 191.05 | 196.95 | 191.00 | 0.843 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 210.5, for a target of 204 or 198.57
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 186.50 |
| Downside Target | 193.00 |
| Downside Target | 205.00 |
| Downside Target | 206.65 |
| Upside Target | 213.00 |
| Upside Target | 220.00 |
| Upside Target | 230.00 |
| Upside Target | 240.00 |
| Upside Target | 259.10 |
| Upside Target | 264.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 197.6 |
| Downside Intraday Target | 185.8 |
| Upside Intraday Target | 217.1 |
| Upside Intraday Target | 224.8 |
| Downside Intraday Target | 205.3 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 209.40 | 201.30 | 213.00 | 193.50 | 1.183 times |
| 19 Fri Jul 2024 | 201.30 | 195.00 | 205.00 | 186.50 | 0.598 times |
| 12 Fri Jul 2024 | 195.00 | 198.80 | 198.80 | 187.00 | 1.109 times |
| 05 Fri Jul 2024 | 196.80 | 204.80 | 206.65 | 195.10 | 1.186 times |
| 28 Fri Jun 2024 | 201.75 | 211.05 | 220.00 | 195.00 | 1.368 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 |
| 26 Fri Jul 2024 | 209.40 | 204.80 | 213.00 | 186.50 | 1.152 times |
| 28 Fri Jun 2024 | 201.75 | 207.10 | 230.00 | 193.10 | 0.989 times |
| 31 Fri May 2024 | 210.45 | 231.80 | 264.00 | 200.00 | 0.899 times |
| 30 Tue Apr 2024 | 225.50 | 208.95 | 259.10 | 202.50 | 0.922 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 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 short 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 201.21 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 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 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 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 short 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 201.21 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 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 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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