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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 2024-04-02 View latest technical analysis

10 day averaged volume of Omax Autos is 32046

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	111.65	106.00	111.65	105.05	1.159 times
01 Mon Apr 2024	106.35	99.00	107.70	97.60	2.03 times
28 Thu Mar 2024	102.60	102.60	102.60	102.60	0.367 times
27 Wed Mar 2024	100.60	100.60	100.60	100.60	1.174 times
26 Tue Mar 2024	98.65	98.65	98.65	98.65	0.297 times
22 Fri Mar 2024	96.75	96.75	96.75	96.75	0.53 times
21 Thu Mar 2024	94.90	94.90	94.90	94.90	2.023 times
20 Wed Mar 2024	93.05	89.45	93.05	89.45	1.331 times
19 Tue Mar 2024	91.25	91.25	91.25	91.25	0.838 times
18 Mon Mar 2024	93.10	93.10	93.20	93.10	1.377 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.8, but if it comes below 107.8, then a intra day sell could be more profitable.
If you take a sell trade below 107.8, then use 107.8 as stoploss and 101.36 as target. However if you take a buy trade in stock , then use 107.8 as stoploss and 115.5 as target.

Share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Target	49.00
Downside Target	52.60
Downside Target	57.60
Downside Target	89.45
Downside Target	95.00
Downside Target	102.60
Downside Target	104.80
Downside Target	106.75
Downside Target	111.65
Upside Target	113.00
Upside Target	114.70
Upside Target	136.90

Intraday share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Intraday Target	102.28
Downside Intraday Target	92.92
Upside Intraday Target	116.33
Upside Intraday Target	121.02
Downside Intraday Target	106.97

Weekly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	111.65	99.00	111.65	97.60	1.736 times
28 Thu Mar 2024	102.60	98.65	102.60	98.65	0.301 times
22 Fri Mar 2024	96.75	93.10	96.75	89.45	27.94 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

Price has moved up 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
02 Tue Apr 2024	111.65	99.00	111.65	97.60	0.293 times
28 Thu Mar 2024	102.60	111.00	114.70	89.45	0.267 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Omax Autos ( (OMAXAUTO_BE) ) 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 Omax Autos ( (OMAXAUTO_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Omax Autos ( (OMAXAUTO_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Omax Autos stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Omax Autos in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Omax Autos Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Omax Autos in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 99.06 and Omax Autos (OMAXAUTO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.