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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 2024-07-16 View latest technical analysis

10 day averaged volume of Omfurn India is 13440

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	70.65	65.05	72.00	65.00	2.5 times
12 Fri Jul 2024	69.95	64.95	69.95	64.95	0.536 times
11 Thu Jul 2024	65.00	65.00	65.00	65.00	0.179 times
10 Wed Jul 2024	68.10	70.00	70.00	68.10	0.893 times
09 Tue Jul 2024	69.80	70.00	70.00	69.00	4.107 times
08 Mon Jul 2024	68.50	68.50	68.70	68.50	0.536 times
05 Fri Jul 2024	70.00	63.80	70.00	63.80	0.714 times
04 Thu Jul 2024	69.90	69.95	70.00	69.70	0.893 times
03 Wed Jul 2024	68.10	70.00	70.00	68.10	0.357 times
02 Tue Jul 2024	69.00	69.95	70.00	68.00	1.071 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 70.1, 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 68.22 as target. However if you take a buy trade in stock , then use 70.1 as stoploss and 72.3 as target.

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	52.50
Downside Target	60.50
Downside Target	63.00
Downside Target	69.20
Upside Target	71.20
Upside Target	72.00
Upside Target	73.00
Upside Target	79.00
Upside Target	83.85
Upside Target	87.95

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	66.43
Downside Intraday Target	62.22
Upside Intraday Target	73.43
Upside Intraday Target	76.22
Downside Intraday Target	69.22

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	70.65	65.05	72.00	65.00	0.4 times
12 Fri Jul 2024	69.95	68.50	70.00	64.95	1.667 times
05 Fri Jul 2024	70.00	72.00	72.00	63.80	0.447 times
28 Fri Jun 2024	67.45	63.05	71.20	63.05	1.808 times
21 Fri Jun 2024	66.95	65.35	70.00	63.00	2.364 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
16 Tue Jul 2024	70.65	72.00	72.00	63.80	0.66 times
28 Fri Jun 2024	67.45	64.00	71.20	52.50	0.371 times
31 Fri May 2024	61.50	73.90	79.00	60.50	0.272 times
30 Tue Apr 2024	72.45	72.80	83.85	69.20	1.653 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 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 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 BUY. Signal strength is Weak 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 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 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 SELL signal in short term and selling is picking up 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 69.62 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.