(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 2024-10-31 View latest technical analysis
10 day averaged volume of Omnitex Ind is 4011
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 243.00 | 255.00 | 255.00 | 241.30 | 2.083 times |
| 30 Wed Oct 2024 | 253.95 | 242.55 | 258.90 | 242.55 | 1.248 times |
| 29 Tue Oct 2024 | 255.30 | 258.00 | 265.00 | 247.95 | 1.562 times |
| 28 Mon Oct 2024 | 261.00 | 244.00 | 261.00 | 242.90 | 0.624 times |
| 25 Fri Oct 2024 | 252.65 | 250.00 | 260.00 | 244.30 | 0.822 times |
| 24 Thu Oct 2024 | 257.15 | 269.95 | 269.95 | 249.00 | 1.167 times |
| 23 Wed Oct 2024 | 259.20 | 237.00 | 259.20 | 234.60 | 1.884 times |
| 22 Tue Oct 2024 | 246.90 | 258.70 | 260.00 | 245.80 | 1.57 times |
| 21 Mon Oct 2024 | 258.70 | 258.00 | 259.95 | 247.15 | 0.365 times |
| 18 Fri Oct 2024 | 260.05 | 267.90 | 269.90 | 255.00 | 0.143 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 252, but if it comes above 252, then a intra day buy could be more profitable.
If you take a sell trade below 252, then use 252 as stoploss and 235.4 as target. However if you take a buy trade in stock , then use 252 as stoploss and 265.77 as target.
Share price targets for Omnitex Ind (OmnitexInd)
| Target Type | Value |
| Downside Target | 142.60 |
| Downside Target | 155.00 |
| Downside Target | 173.35 |
| Downside Target | 178.40 |
| Downside Target | 202.70 |
| Downside Target | 225.05 |
| Downside Target | 234.60 |
| Downside Target | 241.30 |
| Upside Target | 255.00 |
| Upside Target | 265.00 |
| Upside Target | 279.95 |
| Upside Target | 302.00 |
| Upside Target | 323.00 |
| Upside Target | 324.90 |
Intraday share price targets for Omnitex Ind (OmnitexInd)
| Target Type | Value |
| Downside Intraday Target | 234.53 |
| Downside Intraday Target | 226.07 |
| Upside Intraday Target | 258.23 |
| Upside Intraday Target | 273.47 |
| Upside Intraday Target | 249.77 |
Weekly technical analysis of Omnitex Ind (OmnitexInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 243.00 | 244.00 | 265.00 | 241.30 | 0.95 times |
| 25 Fri Oct 2024 | 252.65 | 258.00 | 269.95 | 234.60 | 3.252 times |
| 18 Fri Oct 2024 | 260.05 | 279.95 | 279.95 | 255.00 | 0.375 times |
| 11 Fri Oct 2024 | 270.65 | 302.00 | 302.00 | 270.00 | 0.793 times |
| 03 Thu Oct 2024 | 299.20 | 310.50 | 323.00 | 282.00 | 1.247 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 Omnitex Ind (OmnitexInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 243.00 | 314.95 | 323.00 | 234.60 | 0.501 times |
| 30 Mon Sep 2024 | 308.55 | 206.75 | 324.90 | 202.70 | 0.594 times |
| 30 Fri Aug 2024 | 202.70 | 158.15 | 225.05 | 143.00 | 12.023 times |
| 31 Wed Jul 2024 | 158.15 | 165.90 | 173.35 | 142.60 | 1.324 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 Omnitex Ind (OmnitexInd)
Price action analysis of Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind ( (OmnitexInd) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a short to mid 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 Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind stock for short term is SELL. Signal strength is Strong and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Omnitex Ind in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 252.89 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 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 Omnitex Ind ( (OmnitexInd) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a short to mid 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 Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind stock for short term is SELL. Signal strength is Strong and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Omnitex Ind in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 252.89 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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