(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 2024-12-26 View latest technical analysis
10 day averaged volume of Ovobel Foods is 2940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 111.50 | 111.50 | 111.50 | 111.00 | 1.567 times |
| 24 Tue Dec 2024 | 113.00 | 113.00 | 113.00 | 113.00 | 3.196 times |
| 23 Mon Dec 2024 | 115.30 | 117.65 | 117.65 | 115.30 | 0.947 times |
| 20 Fri Dec 2024 | 117.65 | 119.00 | 119.00 | 117.65 | 0.476 times |
| 19 Thu Dec 2024 | 120.05 | 120.05 | 122.40 | 120.05 | 0.479 times |
| 18 Wed Dec 2024 | 122.45 | 124.95 | 124.95 | 122.45 | 1.203 times |
| 17 Tue Dec 2024 | 124.90 | 122.65 | 125.15 | 120.25 | 0.617 times |
| 16 Mon Dec 2024 | 122.70 | 124.95 | 124.95 | 122.70 | 0.407 times |
| 13 Fri Dec 2024 | 125.20 | 125.20 | 125.20 | 125.20 | 0.637 times |
| 12 Thu Dec 2024 | 127.75 | 130.00 | 130.00 | 127.75 | 0.557 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 109.4 as stoploss in an intra day buy trade for a target of 118.1. However, stock will show a bearish move below 109.4.
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 97.60 |
| Downside Target | 111.00 |
| Upside Target | 117.65 |
| Upside Target | 124.20 |
| Upside Target | 130.40 |
| Upside Target | 137.20 |
| Upside Target | 152.90 |
| Upside Target | 182.00 |
| Upside Target | 191.40 |
| Upside Target | 203.95 |
| Upside Target | 207.40 |
| Upside Target | 220.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 109.12 |
| Downside Intraday Target | 106.73 |
| Upside Intraday Target | 115.77 |
| Upside Intraday Target | 120.03 |
| Upside Intraday Target | 113.38 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 111.50 | 117.65 | 117.65 | 111.00 | 1.795 times |
| 20 Fri Dec 2024 | 117.65 | 124.95 | 125.15 | 117.65 | 0.342 times |
| 13 Fri Dec 2024 | 125.20 | 130.40 | 130.40 | 125.20 | 0.557 times |
| 06 Fri Dec 2024 | 124.20 | 103.10 | 124.20 | 98.50 | 0.658 times |
| 29 Fri Nov 2024 | 103.65 | 108.05 | 112.65 | 97.60 | 1.051 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 111.50 | 103.10 | 130.40 | 98.50 | 0.414 times |
| 29 Fri Nov 2024 | 103.65 | 152.90 | 152.90 | 97.60 | 2.043 times |
| 31 Thu Oct 2024 | 145.30 | 188.00 | 203.95 | 137.20 | 1.136 times |
| 30 Mon Sep 2024 | 185.80 | 203.50 | 207.40 | 182.00 | 0.772 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Ovobel Foods in short term
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 coming down
CCI has generated a SELL signal for Ovobel Foods in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 117.37 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Ovobel Foods in short term
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 coming down
CCI has generated a SELL signal for Ovobel Foods in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 117.37 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.
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