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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 2024-03-19 View latest technical analysis

10 day averaged volume of Omfurn India is 23280

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	84.95	85.10	86.50	82.65	0.619 times
18 Mon Mar 2024	86.95	87.50	87.95	85.00	2.268 times
15 Fri Mar 2024	83.80	82.00	85.95	82.00	3.093 times
14 Thu Mar 2024	81.90	81.90	81.90	79.00	0.412 times
12 Tue Mar 2024	78.00	83.00	83.00	78.00	0.619 times
11 Mon Mar 2024	80.00	80.00	80.00	80.00	0.619 times
07 Thu Mar 2024	79.60	73.00	79.60	73.00	1.237 times
06 Wed Mar 2024	75.85	76.00	77.50	75.85	1.031 times
05 Tue Mar 2024	79.80	80.00	82.95	79.80	0.412 times
04 Mon Mar 2024	84.00	83.00	84.00	83.00	0.206 times

My analysis of stock is bullish for shortterm, and stock might move up till 90.1 or till 96.9. Use a stoploss of 84.5 and if this stock hits its stoploss, then it can fall down till 78.86

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	82.65
Upside Target	85.70
Upside 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	82.42
Downside Intraday Target	79.88
Upside Intraday Target	87.72
Upside Intraday Target	90.48
Upside Intraday Target	85.18

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	84.95	87.50	87.95	82.65	0.609 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
19 Tue Mar 2024	84.95	83.30	87.95	73.00	0.981 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 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 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 SELL. Signal strength is Weak 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 coming down

CCI has generated a SELL signal for Omfurn India in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 82.48 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.