Stock analysis Omax Autos Limited OMAXAUTO
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Recent prices of OMAXAUTO Omax Autos Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 14 Mon Oct 2024 | 120.00 | 118.70 to 124.50 | -2.16% | 0.24 times |
| 11 Fri Oct 2024 | 122.65 | 121.00 to 127.63 | -1.38% | 0.83 times |
| 10 Thu Oct 2024 | 124.36 | 123.00 to 126.75 | -0.69% | 0.38 times |
| 09 Wed Oct 2024 | 125.22 | 118.00 to 126.65 | 6.51% | 0.66 times |
| 08 Tue Oct 2024 | 117.57 | 108.01 to 122.75 | 1.65% | 0.97 times |
| 07 Mon Oct 2024 | 115.66 | 115.43 to 123.58 | -4.81% | 1.13 times |
| 04 Fri Oct 2024 | 121.51 | 118.51 to 126.60 | -0.99% | 0.79 times |
| 03 Thu Oct 2024 | 122.72 | 122.72 to 129.65 | -5% | 1.03 times |
| 01 Tue Oct 2024 | 129.18 | 121.55 to 133.77 | 1.37% | 2.41 times |
| 30 Mon Sep 2024 | 127.43 | 127.20 to 132.29 | 0.28% | 0.68 times |
| 27 Fri Sep 2024 | 127.07 | 123.44 to 127.61 | 4.55% | 1.12 times |
| 26 Thu Sep 2024 | 121.54 | 119.20 to 127.64 | -0.02% | 1.73 times |
Technical analysis forecast for Omax Autos Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Omax Autos Limited OMAXAUTO at this time. Stock is falling and might fall more.
It appears as if Omax Autos Limited OMAXAUTO gave a large move recently.
Stock of Omax Autos Limited (OMAXAUTO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Omax Autos Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 119.5 as stoploss in an intra day buy trade for a target of 123.46. However, stock will show a bearish move below 119.5.