Is Omfurn India Ltd. stock a buy or sell right now?

Omfurn India Ltd. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Omfurn India Ltd.’s RSI?

RSI is 62.81, showing balanced momentum within the normal range.

What does MACD indicate for OMFURN.NS?

MACD at -2.53 shows bearish pressure, with downside momentum building.

What are Omfurn India Ltd.’s key support and resistance levels?

Support sits around $36.73, while resistance is near $55.63. A breakout above $55.63 would open the door for further upside.

Omfurn India Ltd.

OMFURN.NS•NSE

Industrials

Business Equipment & Supplies

₹63.40

₹16.90(36.34%)

Indian Market opens in 58h 13m

Omfurn India Ltd. (OMFURN.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Omfurn India Ltd. (NSE:OMFURN.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OMFURN.NS Technical Analysis Summary

Omfurn India Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Bullish (RSI: 62.81)

Trend Strength:Weak (ADX: 19.42)

Volatility:High (ATR: 4.10)

Support/Resistance:$36.73 – $55.63 (Bollinger Bands)

Technical conditions suggest Omfurn India Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 62.81

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 64.88

Bullish

Buying momentum building without extremes.

Williams %R: 0.00

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 15.41

Strongly Bullish

Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -2.53

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 19.42

Weak

Weak trend, market trading sideways.

ATR (14): 4.10

Medium

Medium volatility, healthy price movement.

CCI (14): 183.01

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Omfurn India Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$55.63

Middle Band (SMA 20)

$46.18

Lower Band

$36.73

Current Position

Above Upper Band

Takeaway:Omfurn India Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$55.23

Middle Line (EMA 20)

$47.04

Lower Channel

$38.85

Squeeze Status

No Squeeze

Takeaway:Omfurn India Ltd. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume-210.00K

Money Flow Index35.74Bearish, selling pressure outweighs inflows.

Relative Vigor Index51.49Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:OMFURN.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Omfurn India Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Omfurn India Ltd. are mixed, suggesting a Hold or wait-and-see approach.