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(OmaxAutos) Omax Autos complete technical analysis [charts+indicators] | Buy/Sell Omax Autos | (OmaxAutos) share price targets

Complete technical analysis of Omax Autos (OmaxAutos) by charts plus indicators, forecast predictions and share price targets for Omax Autos (OmaxAutos)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Omax Autos is 3781

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	90.00	89.45	90.00	89.35	2.823 times
19 Tue Mar 2024	91.15	92.00	92.00	91.15	0.375 times
18 Mon Mar 2024	93.00	92.65	93.00	92.65	3.454 times
15 Fri Mar 2024	94.50	94.50	94.50	94.50	0.099 times
14 Thu Mar 2024	96.40	96.40	96.40	96.40	0.234 times
13 Wed Mar 2024	98.35	98.35	98.35	98.35	0.118 times
12 Tue Mar 2024	100.35	100.35	100.35	100.35	0.78 times
11 Mon Mar 2024	102.35	102.50	102.50	102.35	0.109 times
07 Thu Mar 2024	104.40	105.00	106.50	104.40	1.178 times
06 Wed Mar 2024	106.50	108.50	108.50	106.40	1.963 times

Stock of Omax Autos (OmaxAutos) 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 96.3, but if it comes above 96.3, then a intra day buy could be more profitable.
If you take a sell trade below 96.3, then use 96.3 as stoploss and 83.3 as target. However if you take a buy trade in stock , then use 96.3 as stoploss and 107.11 as target.

Share price targets for Omax Autos (OmaxAutos)

Target Type	Value
Downside Target	56.40
Downside Target	60.51
Downside Target	65.55
Downside Target	68.70
Downside Target	89.35
Upside Target	92.85
Upside Target	102.50
Upside Target	112.00
Upside Target	114.00
Upside Target	121.10
Upside Target	122.80
Upside Target	135.52

Intraday share price targets for Omax Autos (OmaxAutos)

Target Type	Value
Downside Intraday Target	88.57
Downside Intraday Target	87.13
Upside Intraday Target	92.22
Upside Intraday Target	94.43
Upside Intraday Target	90.78

Weekly technical analysis of Omax Autos (OmaxAutos)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	90.00	92.65	93.00	89.35	4.962 times
15 Fri Mar 2024	94.50	102.50	102.50	94.50	0.23 times
07 Thu Mar 2024	104.40	114.00	114.00	104.40	0.649 times
02 Sat Mar 2024	113.00	121.10	121.10	112.00	0.835 times
23 Fri Feb 2024	123.57	122.80	135.52	122.80	0.365 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Omax Autos (OmaxAutos)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	90.00	112.00	114.00	89.35	0.1 times
29 Thu Feb 2024	113.99	97.00	135.52	94.01	0.775 times
31 Wed Jan 2024	92.85	65.94	92.85	65.55	3.212 times
29 Fri Dec 2023	64.83	63.94	68.70	60.51	1.702 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 (OmaxAutos)

Price action analysis of Omax Autos ( (OmaxAutos) ) 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 ( (OmaxAutos) ) 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 Omax Autos ( (OmaxAutos) ) 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 SELL. Signal strength is Strong 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 weakening, and bulls 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 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 negative zone. This is the SELL 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 96.51 and Omax Autos (OmaxAutos) 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 (OmaxAutos) stock. Volume based technical analysis of Omax Autos (OmaxAutos) 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.