530741 NEWS why is Ovobel Foods price falling or rising

530741 NEWS reasons for why stock price of Ovobel Foods is falling or rising

530741 Ovobel Foods is falling or rising technical reasons

Technical analysis forecast for Ovobel Foods Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ovobel Foods 530741 at this time. Stock is falling and might fall more.

It appears as if Ovobel Foods 530741 gave a large move recently.

Stock of Ovobel Foods (530741) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Ovobel Foods is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ovobel Foods stays below 70.4, but if it comes above 70.4, then a intra day buy could be more profitable.
If you take a sell trade below 70.4, then use 70.4 as stoploss and 59 as target. However if you take a buy trade in Ovobel Foods, then use 70.4 as stoploss and 79.8 as target.

530741 Ovobel Foods is falling or rising NEWS fundamental reasons

More announcements and NEWS

530741 Ovobel Foods current price & indicator signals

Moving Averages for Ovobel Foods

  • 5Day Average: 68.02
  • 12Day Average: 74.64
  • 20Day Average: 80.77
  • 50Day Average: 99.32
  • 100Day Average: 125.39
  • 150Day Average: 150.94
  • 200Day Average: 167.12

530741 Indicators & signals

Indicator MACD (12,26,9)

74.18, 83.5, -8.52
Indicator MACD is in negative zone

Indicator ADX (14)

68.78, 6.69, 36.19
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 530741 Ovobel Foods are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Mon Feb 2025 65.50 65.00 to 66.82 -0.55% 0.43 times
14 Fri Feb 2025 65.86 63.51 to 69.00 -1.48% 2.33 times
13 Thu Feb 2025 66.85 65.70 to 71.60 -3.31% 2.12 times
12 Wed Feb 2025 69.14 69.14 to 69.75 -4.99% 0.45 times
11 Tue Feb 2025 72.77 72.77 to 75.00 -4.99% 0.31 times
10 Mon Feb 2025 76.59 76.59 to 76.59 -5% 0.51 times
07 Fri Feb 2025 80.62 76.55 to 81.99 3.24% 1.11 times
06 Thu Feb 2025 78.09 75.60 to 79.84 0.23% 0.8 times
05 Wed Feb 2025 77.91 75.47 to 80.95 -0.88% 0.62 times
04 Tue Feb 2025 78.60 75.60 to 82.00 -1.04% 0.96 times
03 Mon Feb 2025 79.43 78.67 to 83.00 -5.83% 0.78 times
31 Fri Jan 2025 84.35 80.70 to 87.55 -0.65% 0.59 times

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530741 NEWS why is Ovobel Foods price falling or rising

 

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