OFI SWING TRADE SETUP1. High volume break out 29 April 2024
2. Price pull back with low volume to previous resistance and 20 MA
Wait for price to break above downtrend line with increase volume
0.18 MYR
43.29 M MYR
431.72 M MYR
59.36 M
About ORIENTAL FOOD INDUSTRIES HLDG
Sector
Industry
CEO
Tong Leong Son
Website
Headquarters
Melaka
Founded
1996
ISIN
MYL7107OO005
FIGI
BBG000BZKB11
Oriental Food Industries Holdings Bhd. engages in the provision of manufacture and sale of snack food, confectionery, and biscuit products through its subsidiaries. It operates through the following geographical segments: Malaysia, Asia, and Others. The company was founded by Chen Chuan Son on June 8, 1996 and is headquartered in Melaka, Malaysia.
OFI, OS right nowSome traders love OS counters. On contradictions, I'm look into OB.
Currently OFI is at OS area.
>> Price was rejected on 19/12 when it at FVG area.
>> 159 as next support, can it hold?
Every time one person buy, another sell, both think they are astute.
Disclaimer: Mentioned stocks are solely
VCP 6 : OFIA lower timeframe entry confirmation is required to consider an early entry. Stoploss below weekly support.
OFIThis stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price.
This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum.
The share price may move up or down fr
OFI kini sedang membentuk wave 3OFI kini sedang berada pada wave ke 3. Price mungkin boleh cecah ke RM1.6 atau 1.618 fibo
OFI bias upsidePrice just break Daily ichi cloud.
Volume already in pass weeks.
Price to test EMA200.
OFI - Waiting to Breakout Ascending Triangle
OFI have been testing Resistance at 0.900.
Entry should be made when it's breakout with volume.
Expected target price within RM1.00 to RM1.03 range
Cut loss should have been made if it false breakout
MYX:OFI
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of OFI is 1.48 MYR — it has increased by 0.68% in the past 24 hours. Watch ORIENTAL FOOD INDUSTRIES HLDG stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange ORIENTAL FOOD INDUSTRIES HLDG stocks are traded under the ticker OFI.
OFI stock has fallen by −2.63% compared to the previous week, the month change is a −3.27% fall, over the last year ORIENTAL FOOD INDUSTRIES HLDG has showed a −23.32% decrease.
OFI stock is 2.07% volatile and has beta coefficient of 0.79. Track ORIENTAL FOOD INDUSTRIES HLDG stock price on the chart and check out the list of the most volatile stocks — is ORIENTAL FOOD INDUSTRIES HLDG there?
Today ORIENTAL FOOD INDUSTRIES HLDG has the market capitalization of 352.80 M, it has increased by 4.86% over the last week.
Yes, you can track ORIENTAL FOOD INDUSTRIES HLDG financials in yearly and quarterly reports right on TradingView.
OFI net income for the last quarter is 12.53 M MYR, while the quarter before that showed 2.31 M MYR of net income which accounts for 441.76% change. Track more ORIENTAL FOOD INDUSTRIES HLDG financial stats to get the full picture.
ORIENTAL FOOD INDUSTRIES HLDG dividend yield was 3.27% in 2023, and payout ratio reached 36.03%. The year before the numbers were 2.63% and 37.64% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ORIENTAL FOOD INDUSTRIES HLDG EBITDA is 71.87 M MYR, and current EBITDA margin is 15.05%. See more stats in ORIENTAL FOOD INDUSTRIES HLDG financial statements.
Like other stocks, OFI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ORIENTAL FOOD INDUSTRIES HLDG stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ORIENTAL FOOD INDUSTRIES HLDG technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ORIENTAL FOOD INDUSTRIES HLDG stock shows the neutral signal. See more of ORIENTAL FOOD INDUSTRIES HLDG technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.