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(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)

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Omfurn India is 18720

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	86.95	87.50	87.95	85.00	2.821 times
15 Fri Mar 2024	83.80	82.00	85.95	82.00	3.846 times
14 Thu Mar 2024	81.90	81.90	81.90	79.00	0.513 times
12 Tue Mar 2024	78.00	83.00	83.00	78.00	0.769 times
11 Mon Mar 2024	80.00	80.00	80.00	80.00	0.769 times
07 Thu Mar 2024	79.60	73.00	79.60	73.00	1.538 times
06 Wed Mar 2024	75.85	76.00	77.50	75.85	1.282 times
05 Tue Mar 2024	79.80	80.00	82.95	79.80	0.513 times
04 Mon Mar 2024	84.00	83.00	84.00	83.00	0.256 times
01 Fri Mar 2024	83.30	83.30	83.30	83.30	0.128 times

Stock of Omfurn India (OMFURN_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 91.2 or till 98.6. Use a stoploss of 85.05 and if this stock hits its stoploss, then it can fall down till 78.88

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	63.70
Downside Target	66.85
Downside Target	73.00
Downside Target	75.80
Downside Target	77.55
Downside Target	84.00
Downside Target	86.30
Downside Target	86.40
Upside Target	87.95
Upside Target	92.60
Upside Target	97.00
Upside Target	98.70

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	85.32
Downside Intraday Target	83.68
Upside Intraday Target	88.27
Upside Intraday Target	89.58
Downside Intraday Target	86.63

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	86.95	87.50	87.95	85.00	0.478 times
15 Fri Mar 2024	83.80	80.00	85.95	78.00	1.643 times
07 Thu Mar 2024	79.60	83.00	84.00	73.00	0.528 times
01 Fri Mar 2024	83.30	85.70	86.40	77.55	2.304 times
23 Fri Feb 2024	85.70	93.00	97.00	85.70	23 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
18 Mon Mar 2024	86.95	83.30	87.95	73.00	0.924 times
29 Thu Feb 2024	83.50	90.10	98.70	77.55	0.413 times
31 Wed Jan 2024	91.25	66.85	92.60	66.85	4.618 times
29 Fri Dec 2023	63.70	72.75	75.80	63.70	0.567 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 Omfurn India (OMFURN_SM)

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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Omfurn India ( (OMFURN_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Omfurn India stock for short term is BUY. Signal strength is Weak and stock is gaining 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 82.34 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.