Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-20 View latest technical analysis

10 day averaged volume of Omax Autos is 11895

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	93.05	89.45	93.05	89.45	3.587 times
19 Tue Mar 2024	91.25	91.25	91.25	91.25	2.257 times
18 Mon Mar 2024	93.10	93.10	93.20	93.10	3.71 times
15 Fri Mar 2024	95.00	95.00	95.00	95.00	0.087 times
14 Thu Mar 2024	96.90	96.90	96.90	96.90	0.111 times
13 Wed Mar 2024	98.85	98.85	98.85	98.85	0.069 times
12 Tue Mar 2024	100.85	100.85	100.85	100.85	0.133 times
11 Mon Mar 2024	102.90	104.80	104.80	102.90	0.189 times
07 Thu Mar 2024	105.00	106.40	106.40	105.00	0.662 times
06 Wed Mar 2024	106.40	106.40	106.40	106.40	1.194 times

Stock of Omax Autos (OMAXAUTO_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 97.1, but if it comes above 97.1, then a intra day buy could be more profitable.
If you take a sell trade below 97.1, then use 97.1 as stoploss and 86.1 as target. However if you take a buy trade in stock , then use 97.1 as stoploss and 106.25 as target.

Share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Target	49.00
Downside Target	50.20
Downside Target	52.60
Downside Target	57.50
Downside Target	89.45
Upside Target	93.20
Upside Target	104.80
Upside Target	110.35
Upside Target	113.00
Upside Target	114.70
Upside Target	117.25
Upside Target	119.05
Upside Target	136.90

Intraday share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Intraday Target	90.6
Downside Intraday Target	88.15
Upside Intraday Target	94.35
Upside Intraday Target	95.65
Downside Intraday Target	91.9

Weekly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	93.05	93.10	93.20	89.45	16.244 times
15 Fri Mar 2024	95.00	104.80	104.80	95.00	0.123 times
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

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 Omax Autos (OMAXAUTO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	93.05	111.00	114.70	89.45	0.159 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 SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Omax Autos in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 95.04 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.