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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 2024-11-11 View latest technical analysis

10 day averaged volume of Omfurn India is 10560

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	70.20	76.65	76.65	70.15	2.273 times
08 Fri Nov 2024	73.00	68.00	73.00	68.00	2.5 times
07 Thu Nov 2024	70.00	70.00	70.00	70.00	0.227 times
06 Wed Nov 2024	67.00	67.00	67.00	67.00	0.227 times
05 Tue Nov 2024	67.45	69.00	69.00	63.45	1.136 times
04 Mon Nov 2024	66.35	70.00	70.00	66.35	0.455 times
31 Thu Oct 2024	69.80	67.00	69.80	67.00	3.182 times
30 Wed Oct 2024	66.50	66.50	66.50	66.50	0.227 times
29 Tue Oct 2024	65.10	62.00	65.10	62.00	0.455 times
28 Mon Oct 2024	62.10	62.10	62.10	62.10	0.227 times

Stock of Omfurn India (OMFURN_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70.1, but if it comes below 70.1, then a intra day sell could be more profitable.
If you take a sell trade below 70.1, then use 70.1 as stoploss and 66.49 as target. However if you take a buy trade in stock , then use 70.1 as stoploss and 74.4 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	65.50
Downside Target	68.70
Upside Target	71.30
Upside Target	72.00
Upside Target	73.00
Upside Target	74.80
Upside Target	76.65

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	68.02
Downside Intraday Target	65.83
Upside Intraday Target	74.52
Upside Intraday Target	78.83
Upside Intraday Target	72.33

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	70.20	76.65	76.65	70.15	0.5 times
08 Fri Nov 2024	73.00	70.00	73.00	63.45	1.111 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

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
11 Mon Nov 2024	70.20	70.00	76.65	63.45	0.375 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 69.75 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.