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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)

10 day averaged volume of Omfurn India is 13440

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	72.00	72.75	72.75	72.00	0.357 times
30 Thu Nov 2023	71.00	73.10	73.10	71.00	0.536 times
29 Wed Nov 2023	74.55	74.30	74.85	74.30	1.25 times
28 Tue Nov 2023	72.50	67.45	72.50	67.45	2.143 times
24 Fri Nov 2023	71.00	71.10	71.10	71.00	0.357 times
23 Thu Nov 2023	72.10	73.00	73.00	72.00	0.714 times
21 Tue Nov 2023	73.00	73.00	73.00	73.00	0.179 times
20 Mon Nov 2023	76.00	76.00	76.00	76.00	0.179 times
17 Fri Nov 2023	76.00	71.00	76.00	71.00	1.25 times
16 Thu Nov 2023	74.70	70.30	74.70	70.30	1.25 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.3, but if it comes above 72.3, then a intra day buy could be more profitable.
If you take a sell trade below 72.3, then use 72.3 as stoploss and 67.8 as target. However if you take a buy trade in stock , then use 72.3 as stoploss and 75.99 as target.

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	40.00
Downside Target	65.60
Downside Target	67.45
Downside Target	69.70
Upside Target	74.85
Upside Target	78.10
Upside Target	78.95
Upside Target	79.05
Upside Target	85.60
Upside Target	86.30
Upside Target	91.80

Intraday share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Intraday Target	68.02
Downside Intraday Target	64.03
Upside Intraday Target	75.42
Upside Intraday Target	78.83
Downside Intraday Target	71.43

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	72.00	67.45	74.85	67.45	3 times
24 Fri Nov 2023	71.00	76.00	76.00	71.00	0.296 times
17 Fri Nov 2023	76.00	74.90	76.00	70.30	3.375 times
08 Wed Nov 2023	78.80	79.00	79.05	74.90	0.151 times
03 Fri Nov 2023	83.00	78.30	86.30	78.10	2.304 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
01 Fri Dec 2023	72.00	72.75	72.75	72.00	0.021 times
30 Thu Nov 2023	71.00	86.20	86.30	67.45	0.873 times
31 Tue Oct 2023	82.20	84.00	85.60	65.60	0.71 times
29 Fri Sep 2023	83.85	72.05	91.80	69.70	0.586 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 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 losing 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. 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 73.55 and Omfurn India (OMFURN_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.