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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 2024-11-19 View latest technical analysis

10 day averaged volume of Omfurn India is 31680

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	79.30	79.80	80.85	78.10	2.273 times
18 Mon Nov 2024	77.45	77.90	78.95	73.00	2.955 times
14 Thu Nov 2024	75.30	70.00	75.60	70.00	1.591 times
13 Wed Nov 2024	72.00	72.00	73.10	67.55	2.955 times
12 Tue Nov 2024	69.95	72.00	72.00	69.70	0.227 times
11 Mon Nov 2024	70.20	76.65	76.65	70.15	0.758 times
08 Fri Nov 2024	73.00	68.00	73.00	68.00	0.833 times
07 Thu Nov 2024	70.00	70.00	70.00	70.00	0.076 times
06 Wed Nov 2024	67.00	67.00	67.00	67.00	0.076 times
05 Tue Nov 2024	67.45	69.00	69.00	63.45	0.379 times

Stock of Omfurn India (OMFURN_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 79.9, for a target of 73.4 or 68.03

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	67.55
Downside Target	73.00
Downside Target	74.80
Downside Target	76.65
Upside Target	80.85

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	74.58
Downside Intraday Target	69.87
Upside Intraday Target	82.43
Upside Intraday Target	85.57
Downside Intraday Target	77.72

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	79.30	77.90	80.85	73.00	0.945 times
14 Thu Nov 2024	75.30	76.65	76.65	67.55	3.65 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

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
19 Tue Nov 2024	79.30	70.00	80.85	63.45	2.025 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, and volume has increased substantially. This means that the move can 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 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 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 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 BUY signal in short term but buying 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 74.86 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.