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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 2024-03-02 View latest technical analysis

10 day averaged volume of Omax Autos is 54140

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	113.00	114.70	114.70	113.00	0.039 times
01 Fri Mar 2024	112.55	111.00	112.55	111.00	0.52 times
29 Thu Feb 2024	110.35	110.35	110.35	110.35	0.072 times
28 Wed Feb 2024	112.60	113.00	113.00	112.60	0.143 times
27 Tue Feb 2024	114.90	115.00	116.50	114.90	0.702 times
26 Mon Feb 2024	117.25	117.25	117.25	117.25	0.091 times
23 Fri Feb 2024	119.65	120.00	120.00	119.65	0.598 times
22 Thu Feb 2024	122.10	122.10	122.10	122.10	0.172 times
21 Wed Feb 2024	124.60	136.00	136.90	123.90	4.872 times
20 Tue Feb 2024	130.40	130.40	130.40	130.40	0.903 times

My analysis of stock is bullish for shortterm, and stock might move up till 130.8 or till 155.7. Use a stoploss of 110.08 and if this stock hits its stoploss, then it can fall down till 89.36

Share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Target	49.00
Downside Target	52.00
Downside Target	57.50
Downside Target	106.75
Downside Target	110.35
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	109.82
Downside Intraday Target	106.63
Upside Intraday Target	116.72
Upside Intraday Target	120.43
Upside Intraday Target	113.53

Weekly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
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
11 Fri Aug 2023	49.70	50.00	52.00	49.30	0.768 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
02 Sat Mar 2024	113.00	111.00	114.70	111.00	0.023 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Omax Autos ( (OMAXAUTO_BE) ) 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_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 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 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

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 122.74 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.