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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 2024-04-05 View latest technical analysis

10 day averaged volume of Omfurn India is 262560

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	80.35	76.80	81.00	75.50	1.718 times
04 Thu Apr 2024	76.60	76.65	79.00	73.60	2.139 times
03 Wed Apr 2024	75.25	74.40	76.30	74.00	0.631 times
02 Tue Apr 2024	74.40	70.00	76.00	69.20	1.764 times
01 Mon Apr 2024	72.80	72.80	72.80	72.80	0.585 times
28 Thu Mar 2024	76.60	76.60	76.60	76.60	4.534 times
27 Wed Mar 2024	80.60	79.05	81.75	79.00	0.037 times
26 Tue Mar 2024	83.15	83.15	83.15	83.15	0.027 times
22 Fri Mar 2024	80.55	80.80	81.90	78.60	0.119 times
21 Thu Mar 2024	82.70	80.50	83.50	80.50	0.091 times

My analysis of stock is bullish for shortterm, and stock might move up till 83.3 or till 87.6. Use a stoploss of 79.73 and if this stock hits its stoploss, then it can fall down till 76.14

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	63.70
Downside Target	66.85
Downside Target	69.20
Downside Target	73.00
Downside Target	75.80
Upside Target	81.00
Upside Target	83.15
Upside Target	84.00
Upside Target	85.95
Upside Target	87.95
Upside Target	92.60
Upside Target	98.70

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	72.7
Downside Intraday Target	65.05
Upside Intraday Target	84.5
Upside Intraday Target	88.65
Downside Intraday Target	76.85

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	80.35	72.80	81.00	69.20	1.487 times
28 Thu Mar 2024	76.60	83.15	83.15	76.60	8.525 times
22 Fri Mar 2024	80.55	87.50	87.95	78.60	1.283 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

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
05 Fri Apr 2024	80.35	72.80	81.00	69.20	1.174 times
28 Thu Mar 2024	76.60	83.30	87.95	73.00	6.067 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

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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Omfurn India in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Omfurn India 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. 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 76.67 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 has given negative 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.