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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 2024-11-13 View latest technical analysis

10 day averaged volume of Omfurn India is 12000

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	72.00	72.00	73.10	67.55	7.8 times
12 Tue Nov 2024	69.95	72.00	72.00	69.70	0.6 times
11 Mon Nov 2024	70.20	76.65	76.65	70.15	2 times
08 Fri Nov 2024	73.00	68.00	73.00	68.00	2.2 times
07 Thu Nov 2024	70.00	70.00	70.00	70.00	0.2 times
06 Wed Nov 2024	67.00	67.00	67.00	67.00	0.2 times
05 Tue Nov 2024	67.45	69.00	69.00	63.45	1 times
04 Mon Nov 2024	66.35	70.00	70.00	66.35	0.4 times
31 Thu Oct 2024	69.80	67.00	69.80	67.00	2.8 times
30 Wed Oct 2024	66.50	66.50	66.50	66.50	0.2 times

Stock of Omfurn India (OMFURN_SM) has showed a significant upmove. This could be a good time to enter in 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 70.6, but if it comes below 70.6, then a intra day sell could be more profitable.
If you take a sell trade below 70.6, then use 70.6 as stoploss and 66.8 as target. However if you take a buy trade in stock , then use 70.6 as stoploss and 75.3 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	67.55
Downside Target	71.30
Downside 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	67.48
Downside Intraday Target	62.97
Upside Intraday Target	76.58
Upside Intraday Target	81.17
Upside Intraday Target	72.07

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	72.00	76.65	76.65	67.55	2.6 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Omfurn India (OMFURN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	72.00	70.00	76.65	63.45	0.9 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 tired and bears are picking up momentum.

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 but buying 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 70.96 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.