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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)

10 day averaged volume of Omax Autos is 2301

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 129.40 127.15 129.70 127.15 3.138 times
06 Mon May 2024 129.70 129.70 129.70 129.70 2.893 times
03 Fri May 2024 132.30 132.30 132.30 132.30 1.144 times
02 Thu May 2024 129.75 129.75 129.75 129.75 1.228 times
30 Tue Apr 2024 127.23 127.23 127.23 127.23 0.512 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 126.4, but if it comes below 126.4, then a intra day sell could be more profitable.
If you take a sell trade below 126.4, then use 126.4 as stoploss and 118.98 as target. However if you take a buy trade in stock , then use 126.4 as stoploss and 135.3 as target.

Share price targets for Omax Autos (OmaxAutos)

Target Type Value
Downside Target 65.55
Downside Target 89.35
Downside Target 92.85
Downside Target 106.15
Downside Target 110.50
Downside Target 121.00
Downside Target 124.74
Downside Target 127.15
Downside Target 127.23
Upside Target 129.70
Upside Target 132.30
Upside Target 135.52

Intraday share price targets for Omax Autos (OmaxAutos)

Target Type Value
Downside Intraday Target 127.8
Downside Intraday Target 126.2
Upside Intraday Target 130.35
Upside Intraday Target 131.3
Downside Intraday Target 128.75

Weekly technical analysis of Omax Autos (OmaxAutos)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 129.40 129.70 129.70 127.15 1.923 times
03 Fri May 2024 132.30 124.74 132.30 124.74 1.783 times
26 Fri Apr 2024 122.30 111.00 122.30 111.00 0.45 times
19 Fri Apr 2024 111.00 112.45 112.65 106.15 0.537 times
12 Fri Apr 2024 110.50 121.00 121.00 110.50 0.727 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
07 Tue May 2024 129.40 129.75 132.30 127.15 0.355 times
30 Tue Apr 2024 127.23 95.50 127.23 95.50 0.769 times
28 Thu Mar 2024 97.35 112.00 114.00 89.35 0.105 times
29 Thu Feb 2024 113.99 97.00 135.52 94.01 0.775 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 Omax Autos (OmaxAutos)

Indicator Name Indicator Value Indicator Signal
ADX 58, 32, 29 Buy
MACD 11, 10Buy
Stochastics 90Buy
CCI 56Sell
RSI 60Buy
OBV 92Sell
VWAP 129Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Omax Autos ( (OmaxAutos) ) based on a short term time period is

Price action analysis of Omax Autos ( (OmaxAutos) ) based on a short term time period is

Price action analysis of Omax Autos ( (OmaxAutos) ) based on a short to mid term time period is

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Omax Autos 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.

Omax Autos Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Omax Autos in short term but SELL signal is weak.

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 128.79 and Omax Autos (OmaxAutos) 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 Omax Autos (OmaxAutos) stock. Volume based technical analysis of Omax Autos (OmaxAutos) stock is negative.

Omax Autos 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.

Click here for Omax Autos charts

Click here for further forecast and predictions for tomorrow

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