Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-08 View latest technical analysis

10 day averaged volume of Omfurn India is 305760

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	77.30	80.35	83.85	77.15	0.338 times
05 Fri Apr 2024	80.35	76.80	81.00	75.50	1.476 times
04 Thu Apr 2024	76.60	76.65	79.00	73.60	1.837 times
03 Wed Apr 2024	75.25	74.40	76.30	74.00	0.542 times
02 Tue Apr 2024	74.40	70.00	76.00	69.20	1.515 times
01 Mon Apr 2024	72.80	72.80	72.80	72.80	0.502 times
28 Thu Mar 2024	76.60	76.60	76.60	76.60	3.893 times
27 Wed Mar 2024	80.60	79.05	81.75	79.00	0.031 times
26 Tue Mar 2024	83.15	83.15	83.15	83.15	0.024 times
22 Fri Mar 2024	80.55	80.80	81.90	78.60	0.102 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 76 as stoploss in an intra day buy trade for a target of 79.6. However, stock will show a bearish move below 76.

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	83.85
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	75.02
Downside Intraday Target	72.73
Upside Intraday Target	81.72
Upside Intraday Target	86.13
Upside Intraday Target	79.43

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	77.30	80.35	83.85	77.15	0.057 times
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

Price has moved down 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
08 Mon Apr 2024	77.30	72.80	83.85	69.20	1.242 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 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 Weak 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 below the red cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 76.65 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 falling down

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.