(OmnitexInd) Omnitex Ind complete technical analysis [charts+indicators] | Buy/Sell Omnitex Ind | (OmnitexInd) share price targets
Complete technical analysis of Omnitex Ind (OmnitexInd) by charts plus indicators, forecast predictions and share price targets for Omnitex Ind (OmnitexInd)
Showing technical analysis as on 2024-08-07 View latest technical analysis
10 day averaged volume of Omnitex Ind is 7430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 155.20 | 165.50 | 168.80 | 153.10 | 4.426 times |
| 06 Tue Aug 2024 | 160.80 | 158.05 | 166.25 | 150.70 | 0.999 times |
| 05 Mon Aug 2024 | 158.60 | 155.10 | 162.60 | 148.10 | 4.521 times |
| 02 Fri Aug 2024 | 154.90 | 150.50 | 155.00 | 143.00 | 0.647 times |
| 01 Thu Aug 2024 | 150.50 | 158.15 | 166.00 | 150.25 | 1.57 times |
| 31 Wed Jul 2024 | 158.15 | 165.30 | 165.30 | 157.65 | 0.012 times |
| 30 Tue Jul 2024 | 165.30 | 157.50 | 165.35 | 157.50 | 1.434 times |
| 29 Mon Jul 2024 | 157.50 | 142.60 | 157.50 | 142.60 | 0.02 times |
| 26 Fri Jul 2024 | 150.00 | 153.90 | 153.90 | 149.80 | 0.794 times |
| 25 Thu Jul 2024 | 157.00 | 157.00 | 157.00 | 157.00 | 0.004 times |
Stock of Omnitex Ind (OmnitexInd) has showed a significant fall. This could be a good time to exit from this stock.
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 154.3 as stoploss in an intra day buy trade for a target of 159.42. However, stock will show a bearish move below 154.3.
Share price targets for Omnitex Ind (OmnitexInd)
| Target Type | Value |
| Downside Target | 142.60 |
| Downside Target | 147.05 |
| Upside Target | 166.00 |
| Upside Target | 168.80 |
| Upside Target | 169.95 |
| Upside Target | 173.35 |
| Upside Target | 178.40 |
| Upside Target | 189.95 |
| Upside Target | 191.65 |
Intraday share price targets for Omnitex Ind (OmnitexInd)
| Target Type | Value |
| Downside Intraday Target | 145.93 |
| Downside Intraday Target | 136.67 |
| Upside Intraday Target | 166.63 |
| Upside Intraday Target | 178.07 |
| Upside Intraday Target | 157.37 |
Weekly technical analysis of Omnitex Ind (OmnitexInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 155.20 | 155.10 | 168.80 | 148.10 | 2.701 times |
| 02 Fri Aug 2024 | 154.90 | 142.60 | 166.00 | 142.60 | 4.455 times |
| 26 Fri Jul 2024 | 150.00 | 167.40 | 167.40 | 149.80 | 1.291 times |
| 19 Fri Jul 2024 | 167.40 | 173.35 | 173.35 | 147.05 | 2.644 times |
| 12 Fri Jul 2024 | 169.95 | 163.50 | 169.95 | 152.00 | 2.097 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 Omnitex Ind (OmnitexInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 155.20 | 158.15 | 168.80 | 143.00 | 3.697 times |
| 31 Wed Jul 2024 | 158.15 | 165.90 | 173.35 | 142.60 | 1.324 times |
| 28 Fri Jun 2024 | 160.00 | 156.95 | 178.40 | 155.00 | 1.631 times |
| 31 Fri May 2024 | 156.95 | 170.85 | 191.65 | 147.30 | 1.611 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Omnitex Ind (OmnitexInd)
Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a short 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 Omnitex Ind ( (OmnitexInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Omnitex Ind in short term and the sell signal is strong.
Omnitex Ind 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 tired and bears are picking up momentum.
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 Omnitex Ind in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Omnitex Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 156.85 and Omnitex Ind (OmnitexInd) 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 Omnitex Ind (OmnitexInd) stock. Volume based technical analysis of Omnitex Ind (OmnitexInd) stock is negative.
Omnitex Ind 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.
Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a short 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 Omnitex Ind ( (OmnitexInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Omnitex Ind in short term and the sell signal is strong.
Omnitex Ind 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 tired and bears are picking up momentum.
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 Omnitex Ind in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Omnitex Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 156.85 and Omnitex Ind (OmnitexInd) 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 Omnitex Ind (OmnitexInd) stock. Volume based technical analysis of Omnitex Ind (OmnitexInd) stock is negative.
Omnitex Ind 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.
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