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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 2024-11-29 View latest technical analysis

10 day averaged volume of Omfurn India is 88320

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	83.25	82.85	83.25	82.85	0.87 times
28 Thu Nov 2024	83.25	82.95	83.25	82.95	0.353 times
27 Wed Nov 2024	83.00	81.40	83.00	81.25	0.435 times
26 Tue Nov 2024	82.55	80.95	82.85	80.95	2.826 times
25 Mon Nov 2024	81.45	83.00	83.30	77.00	1.277 times
22 Fri Nov 2024	79.85	76.00	81.90	75.00	1.359 times
21 Thu Nov 2024	78.40	77.00	79.70	76.70	0.245 times
19 Tue Nov 2024	79.30	79.80	80.85	78.10	0.815 times
18 Mon Nov 2024	77.45	77.90	78.95	73.00	1.06 times
14 Thu Nov 2024	75.30	70.00	75.60	70.00	0.571 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 80.9, but if it comes below 80.9, then a intra day sell could be more profitable.
If you take a sell trade below 80.9, then use 80.9 as stoploss and 74.8 as target. However if you take a buy trade in stock , then use 80.9 as stoploss and 88.2 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	67.55
Downside Target	69.80
Downside Target	74.80
Downside Target	76.65
Downside Target	77.00
Downside Target	81.90
Upside Target	83.30

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	79.07
Downside Intraday Target	74.88
Upside Intraday Target	85.37
Upside Intraday Target	87.48
Downside Intraday Target	81.18

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	83.25	83.00	83.30	77.00	1.656 times
22 Fri Nov 2024	79.85	77.90	81.90	73.00	1.753 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

Price has moved up 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
29 Fri Nov 2024	83.25	70.00	83.30	63.45	5.413 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 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 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 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 coming down

CCI has generated a SELL signal for Omfurn India in short term but SELL 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 80.79 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.