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(OMAXAUTO_BE) Omax Autos complete technical analysis [charts+indicators] | Buy/Sell Omax Autos | (OMAXAUTO_BE) share price targets

Complete technical analysis of Omax Autos (OMAXAUTO_BE) by charts plus indicators, forecast predictions and share price targets for Omax Autos (OMAXAUTO_BE)

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Omax Autos is 16643

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	105.00	106.40	106.40	105.00	0.473 times
06 Wed Mar 2024	106.40	106.40	106.40	106.40	0.853 times
05 Tue Mar 2024	108.55	108.55	110.75	108.55	1.135 times
04 Mon Mar 2024	110.75	113.00	113.00	110.75	0.968 times
02 Sat Mar 2024	113.00	114.70	114.70	113.00	0.126 times
01 Fri Mar 2024	112.55	111.00	112.55	111.00	1.693 times
29 Thu Feb 2024	110.35	110.35	110.35	110.35	0.235 times
28 Wed Feb 2024	112.60	113.00	113.00	112.60	0.464 times
27 Tue Feb 2024	114.90	115.00	116.50	114.90	2.284 times
26 Mon Feb 2024	117.25	117.25	117.25	117.25	0.295 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 109.1, but if it comes above 109.1, then a intra day buy could be more profitable.
If you take a sell trade below 109.1, then use 109.1 as stoploss and 101.5 as target. However if you take a buy trade in stock , then use 109.1 as stoploss and 115.38 as target.

Share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Target	49.00
Downside Target	52.60
Downside Target	57.50
Downside Target	105.00
Upside Target	110.35
Upside Target	113.00
Upside Target	114.70
Upside Target	117.25
Upside Target	119.05
Upside Target	120.00
Upside Target	122.85
Upside Target	136.90

Intraday share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Intraday Target	102.33
Downside Intraday Target	99.67
Upside Intraday Target	110.33
Upside Intraday Target	115.67
Upside Intraday Target	107.67

Weekly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	105.00	113.00	113.00	105.00	0.673 times
02 Sat Mar 2024	113.00	117.25	117.25	110.35	0.185 times
23 Fri Feb 2024	119.65	119.05	136.90	119.05	0.883 times
16 Fri Feb 2024	118.30	115.95	120.00	106.85	1.817 times
09 Fri Feb 2024	112.85	50.80	122.85	49.35	2.502 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	105.00	111.00	114.70	105.00	0.067 times
29 Thu Feb 2024	110.35	119.70	136.90	106.75	5.388 times
14 Mon Aug 2023	49.95	49.10	52.60	49.00	0.401 times
31 Mon Jul 2023	50.10	54.00	57.60	49.05	1.596 times

Scroll below to view daily charts

Price has moved down 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 Omax Autos (OMAXAUTO_BE)

Price action analysis of Omax Autos ( (OMAXAUTO_BE) ) based on a short 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 Omax Autos ( (OMAXAUTO_BE) ) 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 Omax Autos ( (OMAXAUTO_BE) ) 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 Omax Autos stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Omax Autos in short term but the sell signal is initial and weak.

Omax Autos Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Omax Autos in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Omax Autos is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 111.52 and Omax Autos (OMAXAUTO_BE) 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 Omax Autos (OMAXAUTO_BE) stock. Volume based technical analysis of Omax Autos (OMAXAUTO_BE) stock is negative.

Omax Autos Stock has given negative 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.