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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 2024-03-27 View latest technical analysis

10 day averaged volume of Omfurn India is 25920

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	80.60	79.05	81.75	79.00	0.37 times
26 Tue Mar 2024	83.15	83.15	83.15	83.15	0.278 times
22 Fri Mar 2024	80.55	80.80	81.90	78.60	1.204 times
21 Thu Mar 2024	82.70	80.50	83.50	80.50	0.926 times
20 Wed Mar 2024	80.70	81.00	84.85	80.70	0.741 times
19 Tue Mar 2024	84.95	85.10	86.50	82.65	0.556 times
18 Mon Mar 2024	86.95	87.50	87.95	85.00	2.037 times
15 Fri Mar 2024	83.80	82.00	85.95	82.00	2.778 times
14 Thu Mar 2024	81.90	81.90	81.90	79.00	0.37 times
12 Tue Mar 2024	78.00	83.00	83.00	78.00	0.556 times

My analysis of stock is bearish for shortterm, and stock might move down till 79.2 or till 76.2. Use a stoploss of 81.74 and if the stock hits stoploss, then it can shoot up till 84.26

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	83.15
Upside Target	85.95
Upside Target	86.30
Upside Target	86.40
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	78.68
Downside Intraday Target	76.77
Upside Intraday Target	82.83
Upside Intraday Target	85.07
Upside Intraday Target	80.92

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	80.60	83.15	83.15	79.00	0.119 times
22 Fri Mar 2024	80.55	87.50	87.95	78.60	1.283 times
15 Fri Mar 2024	83.80	80.00	85.95	78.00	1.643 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

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
27 Wed Mar 2024	80.60	83.30	87.95	73.00	1.343 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 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 to mid 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 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.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Omfurn India in short term and SELL 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

Although the stock is in the BUY zone, but buying 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 83.24 and Omfurn India (OMFURN_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.