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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 2024-03-14 View latest technical analysis

10 day averaged volume of Omfurn India is 21360

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	81.90	81.90	81.90	79.00	0.449 times
12 Tue Mar 2024	78.00	83.00	83.00	78.00	0.674 times
11 Mon Mar 2024	80.00	80.00	80.00	80.00	0.674 times
07 Thu Mar 2024	79.60	73.00	79.60	73.00	1.348 times
06 Wed Mar 2024	75.85	76.00	77.50	75.85	1.124 times
05 Tue Mar 2024	79.80	80.00	82.95	79.80	0.449 times
04 Mon Mar 2024	84.00	83.00	84.00	83.00	0.225 times
01 Fri Mar 2024	83.30	83.30	83.30	83.30	0.112 times
29 Thu Feb 2024	83.50	86.40	86.40	83.50	0.337 times
28 Wed Feb 2024	84.00	84.00	84.00	84.00	2.809 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 79.1 as stoploss in an intra day buy trade for a target of 86.14. However, stock will show a bearish move below 79.1.

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	63.70
Downside Target	66.85
Downside Target	73.00
Downside Target	75.80
Downside Target	77.55
Upside Target	83.00
Upside Target	85.70
Upside Target	86.40
Upside Target	92.60
Upside Target	96.00
Upside Target	97.00
Upside Target	98.70

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	78.93
Downside Intraday Target	75.97
Upside Intraday Target	83.93
Upside Intraday Target	85.97
Downside Intraday Target	80.97

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	81.90	80.00	83.00	78.00	0.571 times
07 Thu Mar 2024	79.60	83.00	84.00	73.00	0.528 times
01 Fri Mar 2024	83.30	85.70	86.40	77.55	2.304 times
23 Fri Feb 2024	85.70	93.00	97.00	85.70	23 times
14 Wed Feb 2024	96.00	96.00	96.00	96.00	0.05 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
14 Thu Mar 2024	81.90	83.30	84.00	73.00	0.429 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
29 Fri Dec 2023	63.70	72.75	75.80	63.70	0.567 times

Scroll below to view daily charts

Price has moved down 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 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 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 Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Omfurn India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 80.96 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.