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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 2024-04-24 View latest technical analysis

10 day averaged volume of Omax Autos is 17344

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	119.30	119.30	119.30	119.30	0.626 times
23 Tue Apr 2024	117.00	117.00	117.00	117.00	0.494 times
22 Mon Apr 2024	114.75	112.55	114.75	112.55	0.955 times
19 Fri Apr 2024	112.50	112.95	113.95	110.75	0.632 times
18 Thu Apr 2024	112.95	112.50	114.90	112.50	1.322 times
16 Tue Apr 2024	112.65	108.25	112.65	108.25	0.793 times
15 Mon Apr 2024	110.45	110.45	110.45	110.45	0.323 times
12 Fri Apr 2024	112.70	112.70	112.70	112.70	0.087 times
10 Wed Apr 2024	115.00	115.00	115.00	115.00	0.99 times
09 Tue Apr 2024	117.35	119.70	120.00	116.55	1.116 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 118.4, but if it comes below 118.4, then a intra day sell could be more profitable.
If you take a sell trade below 118.4, then use 118.4 as stoploss and 111.6 as target. However if you take a buy trade in stock , then use 118.4 as stoploss and 126.6 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	97.60
Downside Target	102.60
Downside Target	106.75
Downside Target	112.55
Downside Target	114.90
Downside Target	119.30
Upside Target	120.95
Upside Target	123.00
Upside Target	136.90

Intraday share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Intraday Target	114.8
Downside Intraday Target	110.3
Upside Intraday Target	121.55
Upside Intraday Target	123.8
Downside Intraday Target	117.05

Weekly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	119.30	112.55	119.30	112.55	0.676 times
19 Fri Apr 2024	112.50	110.45	114.90	108.25	0.56 times
12 Fri Apr 2024	112.70	118.15	120.95	112.70	0.383 times
05 Fri Apr 2024	118.85	99.00	123.00	97.60	4.215 times
28 Thu Mar 2024	102.60	98.65	102.60	98.65	0.301 times

Price has moved up 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
24 Wed Apr 2024	119.30	99.00	123.00	97.60	1.24 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 114.76 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 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 is giving positive 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.