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(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)

10 day averaged volume of Omnitex Ind is 596

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 182.55 175.60 182.55 172.00 0.547 times
02 Thu May 2024 180.95 170.85 187.10 170.80 1.218 times
30 Tue Apr 2024 178.25 178.25 178.25 178.25 0.003 times
29 Mon Apr 2024 169.90 175.20 175.20 158.60 0.913 times
26 Fri Apr 2024 166.90 159.00 166.95 151.05 1.57 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 181.4, but if it comes below 181.4, then a intra day sell could be more profitable.
If you take a sell trade below 181.4, then use 181.4 as stoploss and 174.57 as target. However if you take a buy trade in stock , then use 181.4 as stoploss and 189.6 as target.

Share price targets for Omnitex Ind (OmnitexInd)

Target Type Value
Downside Target 113.75
Downside Target 120.55
Downside Target 141.00
Downside Target 148.10
Downside Target 158.60
Downside Target 168.00
Downside Target 179.25
Downside Target 181.00
Upside Target 186.20
Upside Target 187.10
Upside Target 189.95

Intraday share price targets for Omnitex Ind (OmnitexInd)

Target Type Value
Downside Intraday Target 165.07
Downside Intraday Target 147.58
Upside Intraday Target 193.57
Upside Intraday Target 204.58
Downside Intraday Target 176.08

Weekly technical analysis of Omnitex Ind (OmnitexInd)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 182.55 175.20 187.10 158.60 0.37 times
26 Fri Apr 2024 166.90 171.00 179.25 151.05 83.154 times
19 Fri Apr 2024 179.95 189.95 189.95 171.00 0.037 times
12 Fri Apr 2024 180.95 171.00 181.00 171.00 2.046 times
05 Fri Apr 2024 180.00 169.00 186.20 168.00 0.246 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 Omnitex Ind (OmnitexInd)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 182.55 170.85 187.10 170.80 0.15 times
30 Tue Apr 2024 178.25 169.00 189.95 151.05 1.303 times
28 Thu Mar 2024 161.20 162.70 169.25 148.10 0.056 times
29 Thu Feb 2024 166.00 129.00 169.30 120.55 1.444 times

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 Omnitex Ind (OmnitexInd)

Indicator Name Indicator Value Indicator Signal
ADX 23, 20, 8 Buy
MACD 10, 10Buy
Stochastics 80Buy
CCI 89Sell
RSI 49Sell
OBV 5324Sell
VWAP 168Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind ( (OmnitexInd) ) 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 Omnitex Ind ( (OmnitexInd) ) based on a short to mid term time period is

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Omnitex Ind 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.

Omnitex Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Omnitex Ind in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Omnitex Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 167.94 and Omnitex Ind (OmnitexInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.

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