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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 39600

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	75.00	76.75	78.90	75.00	1.212 times
25 Thu Apr 2024	75.00	75.20	76.75	75.00	0.606 times
24 Wed Apr 2024	75.20	76.50	76.50	75.00	0.97 times
23 Tue Apr 2024	73.10	72.50	75.20	72.00	0.788 times
22 Mon Apr 2024	73.00	75.95	78.00	73.00	0.545 times
19 Fri Apr 2024	75.95	72.20	75.95	72.20	0.727 times
18 Thu Apr 2024	75.00	75.90	75.90	75.00	0.303 times
16 Tue Apr 2024	72.90	73.00	73.00	71.40	0.727 times
15 Mon Apr 2024	74.50	72.45	75.50	71.00	0.727 times
12 Fri Apr 2024	76.90	76.45	77.05	75.35	2.242 times

My analysis of stock is bearish for shortterm, and stock might move down till 73.6 or till 70.8. Use a stoploss of 75.84 and if the stock hits stoploss, then it can shoot up till 78.12

Share price targets for Omfurn India (OMFURN_SM)

Target Type	Value
Downside Target	63.70
Downside Target	66.85
Downside Target	69.20
Downside Target	71.00
Upside Target	75.35
Upside Target	81.00
Upside Target	83.15
Upside Target	83.85
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	71.7
Downside Intraday Target	68.4
Upside Intraday Target	78.6
Upside Intraday Target	82.2
Upside Intraday Target	75.3

Weekly technical analysis of Omfurn India (OMFURN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	75.00	75.95	78.90	72.00	1.659 times
19 Fri Apr 2024	75.95	72.45	75.95	71.00	0.281 times
12 Fri Apr 2024	76.90	80.35	83.85	75.35	0.195 times
05 Fri Apr 2024	80.35	72.80	81.00	69.20	1.487 times
28 Thu Mar 2024	76.60	83.15	83.15	76.60	8.525 times

Price has moved down 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
26 Fri Apr 2024	75.00	72.80	83.85	69.20	1.575 times
28 Thu Mar 2024	76.60	83.30	87.95	73.00	6.067 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

Scroll below to view daily charts

Price has moved down 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Omfurn India in short term but the buy signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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

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 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 75.08 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.