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

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

Omax Autos trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-01-18 View latest technical analysis

10 day averaged volume of Omax Autos is 176693

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	74.20	74.10	74.50	69.25	0.556 times
17 Wed Jan 2024	72.55	72.30	75.60	69.60	0.634 times
16 Tue Jan 2024	72.65	77.50	77.50	71.85	0.75 times
15 Mon Jan 2024	75.50	76.60	78.00	75.10	0.61 times
12 Fri Jan 2024	77.35	79.00	79.00	75.55	0.545 times
11 Thu Jan 2024	77.55	75.50	79.00	75.35	0.91 times
10 Wed Jan 2024	75.25	78.85	78.85	74.75	0.643 times
09 Tue Jan 2024	77.30	79.00	80.00	75.90	1.024 times
08 Mon Jan 2024	77.45	76.45	79.95	73.10	1.982 times
05 Fri Jan 2024	76.90	80.25	80.25	75.20	2.699 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 76.7 as stoploss in an intra day sell trade for a target of 71.61. However, stock will show a bullish move above 76.7.

Share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Target	52.65
Downside Target	56.10
Downside Target	61.05
Downside Target	64.00
Downside Target	66.25
Downside Target	69.15
Downside Target	69.25
Downside Target	73.10
Upside Target	78.00
Upside Target	80.00
Upside Target	80.25

Intraday share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Intraday Target	69.63
Downside Intraday Target	65.07
Upside Intraday Target	78.38
Upside Intraday Target	82.57
Downside Intraday Target	73.82

Weekly technical analysis of Omax Autos (OMAXAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	74.20	76.60	78.00	69.25	0.5 times
12 Fri Jan 2024	77.35	76.45	80.00	73.10	0.944 times
05 Fri Jan 2024	76.90	64.85	80.25	64.50	4.918 times
29 Fri Dec 2023	64.85	64.10	67.65	64.05	0.254 times
22 Fri Dec 2023	64.65	65.55	69.15	61.25	2.067 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)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	74.20	64.85	80.25	64.50	1.201 times
29 Fri Dec 2023	64.85	64.90	69.15	61.05	1.503 times
30 Thu Nov 2023	63.80	57.50	66.25	56.10	1.172 times
31 Tue Oct 2023	56.80	58.00	64.00	52.65	0.653 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)

Price action analysis of Omax Autos ( (OMAXAUTO) ) 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) ) based on a short to mid 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) ) based on a mid to longer 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.

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

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

Omax Autos Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Omax Autos is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 76.22 and Omax Autos (OMAXAUTO) 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) stock. Volume based technical analysis of Omax Autos (OMAXAUTO) 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.