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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 2024-04-25 View latest technical analysis

10 day averaged volume of Omfurn India is 43680

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	75.00	75.20	76.75	75.00	0.549 times
24 Wed Apr 2024	75.20	76.50	76.50	75.00	0.879 times
23 Tue Apr 2024	73.10	72.50	75.20	72.00	0.714 times
22 Mon Apr 2024	73.00	75.95	78.00	73.00	0.495 times
19 Fri Apr 2024	75.95	72.20	75.95	72.20	0.659 times
18 Thu Apr 2024	75.00	75.90	75.90	75.00	0.275 times
16 Tue Apr 2024	72.90	73.00	73.00	71.40	0.659 times
15 Mon Apr 2024	74.50	72.45	75.50	71.00	0.659 times
12 Fri Apr 2024	76.90	76.45	77.05	75.35	2.033 times
10 Wed Apr 2024	76.45	79.70	79.70	75.50	2.143 times

My analysis of stock is bearish for shortterm, and stock might move down till 73.5 or till 70.2. Use a stoploss of 76.24 and if the stock hits stoploss, then it can shoot up till 79.01

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	71.00
Upside Target	75.35
Upside Target	81.00
Upside Target	83.15
Upside Target	83.85
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
Downside Intraday Target	69
Upside Intraday Target	78
Upside Intraday Target	81
Downside Intraday Target	75

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	75.00	75.95	78.00	72.00	1.171 times
19 Fri Apr 2024	75.95	72.45	75.95	71.00	0.281 times
12 Fri Apr 2024	76.90	80.35	83.85	75.35	0.195 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

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
25 Thu Apr 2024	75.00	72.80	83.85	69.20	1.543 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 down this month, and volume has increased substantially. This means that the move can 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 75.41 and Omfurn India (OMFURN_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.