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 2024-11-07 View latest technical analysis

10 day averaged volume of Omfurn India is 8880

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	70.00	70.00	70.00	70.00	0.27 times
06 Wed Nov 2024	67.00	67.00	67.00	67.00	0.27 times
05 Tue Nov 2024	67.45	69.00	69.00	63.45	1.351 times
04 Mon Nov 2024	66.35	70.00	70.00	66.35	0.541 times
31 Thu Oct 2024	69.80	67.00	69.80	67.00	3.784 times
30 Wed Oct 2024	66.50	66.50	66.50	66.50	0.27 times
29 Tue Oct 2024	65.10	62.00	65.10	62.00	0.541 times
28 Mon Oct 2024	62.10	62.10	62.10	62.10	0.27 times
25 Fri Oct 2024	62.10	60.00	62.10	60.00	1.622 times
24 Thu Oct 2024	59.25	61.00	61.00	58.05	1.081 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.3, but if it comes below 69.3, then a intra day sell could be more profitable.
If you take a sell trade below 69.3, then use 69.3 as stoploss and 66.08 as target. However if you take a buy trade in stock , then use 69.3 as stoploss and 73.1 as target.

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	54.25
Downside Target	56.60
Downside Target	58.05
Downside Target	60.15
Downside Target	62.00
Downside Target	63.45
Downside Target	68.70
Downside Target	70.00
Upside Target	71.00
Upside Target	71.30
Upside Target	72.00
Upside Target	74.80

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	65.63
Downside Intraday Target	61.27
Upside Intraday Target	72.18
Upside Intraday Target	74.37
Downside Intraday Target	67.82

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	70.00	70.00	70.00	63.45	0.5 times
31 Thu Oct 2024	69.80	62.10	69.80	62.00	0.947 times
25 Fri Oct 2024	62.10	68.70	68.70	58.05	1.9 times
18 Fri Oct 2024	67.60	65.50	71.00	65.50	0.769 times
11 Fri Oct 2024	68.80	66.55	68.80	64.50	0.481 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
07 Thu Nov 2024	70.00	70.00	70.00	63.45	0.113 times
31 Thu Oct 2024	69.80	70.00	71.00	58.05	0.593 times
30 Mon Sep 2024	67.50	58.00	71.30	56.60	0.668 times
30 Fri Aug 2024	59.50	65.00	74.80	54.25	1.443 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 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 short term time period is neutral. A longer time frame might give a better analysis.

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 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.

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

MACD generated a BUY signal for Omfurn India in short term and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 66.29 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.