(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)
10 day averaged volume of Ovobel Foods is 5758
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 229.05 | 232.00 | 232.00 | 225.05 | 1.237 times |
| 20 Mon May 2024 | 234.55 | 224.25 | 241.65 | 224.25 | 0.68 times |
| 17 Fri May 2024 | 230.15 | 235.90 | 235.90 | 225.00 | 1.034 times |
| 16 Thu May 2024 | 232.85 | 232.00 | 236.00 | 228.00 | 1.167 times |
| 15 Wed May 2024 | 229.15 | 230.00 | 233.80 | 225.00 | 0.914 times |
My analysis of stock is bullish for shortterm, and stock might move up till 233.2 or till 238.6. Use a stoploss of 228.73 and if this stock hits its stoploss, then it can fall down till 224.24
Share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Target | 193.00 |
| Downside Target | 202.50 |
| Downside Target | 209.95 |
| Downside Target | 214.25 |
| Downside Target | 220.00 |
| Upside Target | 234.95 |
| Upside Target | 241.40 |
| Upside Target | 241.65 |
| Upside Target | 259.10 |
| Upside Target | 264.00 |
| Upside Target | 275.70 |
| Upside Target | 280.00 |
Intraday share price targets for Ovobel Foods (OvobelFoods)
| Target Type | Value |
| Downside Intraday Target | 221.65 |
| Downside Intraday Target | 214.25 |
| Upside Intraday Target | 239.05 |
| Upside Intraday Target | 249.05 |
| Upside Intraday Target | 231.65 |
Weekly technical analysis of Ovobel Foods (OvobelFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 229.05 | 224.25 | 241.65 | 224.25 | 0.439 times |
| 17 Fri May 2024 | 230.15 | 235.00 | 237.50 | 220.00 | 0.878 times |
| 10 Fri May 2024 | 231.25 | 227.00 | 264.00 | 214.25 | 0.806 times |
| 03 Fri May 2024 | 224.65 | 232.00 | 234.95 | 209.95 | 0.939 times |
| 26 Fri Apr 2024 | 229.10 | 225.05 | 241.40 | 225.00 | 2.414 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 |
| 21 Tue May 2024 | 229.05 | 231.80 | 264.00 | 214.25 | 0.43 times |
| 30 Tue Apr 2024 | 225.50 | 208.95 | 259.10 | 202.50 | 0.922 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 |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 14, 24 | Buy |
| MACD | 1, 0 | Buy |
| Stochastics | 33 | None |
| CCI | -24 | Sell |
| RSI | 49 | Sell |
| OBV | -12028 | Sell |
| VWAP | 230 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer 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.
ADX buy sell signal for Ovobel Foods stock for short term is BUY. Signal strength is Strong 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 red color and prices are in or above 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
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 229.73 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 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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