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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)

10 day averaged volume of Omax Autos is 25473

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	132.97	135.60	135.60	132.60	1.435 times
22 Thu Aug 2024	134.90	135.50	139.00	133.05	0.681 times
21 Wed Aug 2024	135.47	135.86	138.25	134.00	0.238 times
20 Tue Aug 2024	135.86	141.99	142.50	135.00	0.928 times
19 Mon Aug 2024	140.17	148.00	148.00	139.02	1.066 times
16 Fri Aug 2024	144.74	137.99	144.88	135.10	1.905 times
14 Wed Aug 2024	137.99	133.75	141.00	131.25	0.398 times
13 Tue Aug 2024	135.55	137.00	139.00	135.00	0.331 times
12 Mon Aug 2024	137.35	140.00	142.92	135.11	1.327 times
09 Fri Aug 2024	140.94	141.99	148.81	140.11	2.203 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 132.6 as stoploss in an intra day buy trade for a target of 140.42. However, stock will show a bearish move below 132.6.

Share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Target	97.60
Downside Target	127.27
Upside Target	142.04
Upside Target	144.88
Upside Target	145.20
Upside Target	148.00
Upside Target	148.81
Upside Target	149.85
Upside Target	153.00
Upside Target	165.00
Upside Target	168.00

Intraday share price targets for Omax Autos (OMAXAUTO_BE)

Target Type	Value
Downside Intraday Target	127.71
Downside Intraday Target	122.46
Upside Intraday Target	143.11
Upside Intraday Target	153.26
Upside Intraday Target	137.86

Weekly technical analysis of Omax Autos (OMAXAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	132.97	148.00	148.00	132.60	1.098 times
16 Fri Aug 2024	144.74	140.00	144.88	131.25	0.611 times
09 Fri Aug 2024	140.94	130.10	148.81	127.27	0.523 times
02 Fri Aug 2024	134.08	160.59	165.00	134.08	4.99 times
26 Fri Jul 2024	152.95	146.00	153.00	145.04	1.755 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
23 Fri Aug 2024	132.97	146.25	149.85	127.27	1.272 times
31 Wed Jul 2024	147.26	146.50	165.00	142.04	0.516 times
28 Fri Jun 2024	148.70	137.85	168.00	133.31	1.119 times
31 Fri May 2024	140.65	131.55	145.20	127.50	1.393 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 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 to mid 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 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 Weak and stock is gaining momentum.

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

Omax Autos Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Omax Autos in short term and SELL 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

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 138.76 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.