Login or Join
 Learn then Earn

(OMFURN_SM) Omfurn India complete technical analysis [charts+indicators] | Buy/Sell Omfurn India | (OMFURN_SM) share price targets

Complete technical analysis of Omfurn India (OMFURN_SM) by charts plus indicators, forecast predictions and share price targets for Omfurn India (OMFURN_SM)

10 day averaged volume of Omfurn India is 10320

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 65.45 63.50 65.45 63.50 0.465 times
13 Thu Jun 2024 63.50 61.00 63.90 61.00 1.163 times
12 Wed Jun 2024 60.00 60.00 60.00 60.00 0.465 times
10 Mon Jun 2024 60.00 58.40 60.00 58.40 0.465 times
06 Thu Jun 2024 57.90 52.50 57.90 52.50 0.93 times

My analysis of stock is bearish for shortterm, and stock might move down till 59.5 or till 51.7. Use a stoploss of 65.93 and if the stock hits stoploss, then it can shoot up till 72.4

Share price targets for Omfurn India (OMFURN_SM)

Target Type Value
Downside Target 52.50
Downside Target 58.40
Downside Target 60.50
Downside Target 64.00
Downside Target 65.45
Upside Target 68.00
Upside Target 71.20
Upside Target 73.00
Upside Target 74.95
Upside Target 77.10
Upside Target 77.55
Upside Target 79.00
Upside Target 83.85
Upside Target 87.95
Upside Target 98.70

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type Value
Downside Intraday Target 60.75
Downside Intraday Target 56.05
Upside Intraday Target 67.8
Upside Intraday Target 70.15
Downside Intraday Target 63.1

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 65.45 58.40 65.45 58.40 0.5 times
06 Thu Jun 2024 57.90 64.00 64.00 52.50 0.168 times
31 Fri May 2024 61.50 72.95 77.10 60.50 5.24 times
24 Fri May 2024 71.75 74.50 74.95 68.00 0.568 times
17 Fri May 2024 75.50 74.95 75.50 71.20 0.917 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 Omfurn India (OMFURN_SM)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 65.45 64.00 65.45 52.50 0.115 times
31 Fri May 2024 61.50 73.90 79.00 60.50 0.272 times
30 Tue Apr 2024 72.45 72.80 83.85 69.20 1.653 times
28 Thu Mar 2024 76.60 83.30 87.95 73.00 6.067 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 Omfurn India (OMFURN_SM)

Indicator Name Indicator Value Indicator Signal
ADX 29, 44, 20 Sell
MACD -6, -7Buy
Stochastics 71Buy
CCI 111Buy
RSI 40Sell
OBV -261600Sell
VWAP 61Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Omfurn India ( (OMFURN_SM) ) 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 Omfurn India ( (OMFURN_SM) ) based on a short 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 Omfurn India ( (OMFURN_SM) ) 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 Omfurn India ( (OMFURN_SM) ) 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 Omfurn India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Omfurn India 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.

Omfurn India 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 Omfurn India in short term and BUY 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

Stock of Omfurn India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.83 and Omfurn India (OMFURN_SM) 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 Omfurn India (OMFURN_SM) stock. Volume based technical analysis of Omfurn India (OMFURN_SM) stock is negative.

Omfurn India 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.

Click here for Omfurn India charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme