(OFLX) Omega Flex complete technical analysis [charts+indicators] | Buy/Sell Omega Flex | (OFLX) share price targets
Complete technical analysis of Omega Flex (OFLX) by charts plus indicators, forecast predictions and share price targets for Omega Flex (OFLX)
Omega Flex trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-06-21 View latest technical analysis
10 day averaged volume of Omega Flex is 43620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 53.50 | 54.04 | 54.80 | 53.13 | 7.453 times |
| 20 Thu Jun 2024 | 54.24 | 53.93 | 55.68 | 53.71 | 2.352 times |
| 18 Tue Jun 2024 | 53.97 | 55.00 | 55.74 | 53.50 | 1.605 times |
| 18 Tue Jun 2024 | 53.97 | 55.00 | 55.74 | 53.50 | 1.605 times |
| 17 Mon Jun 2024 | 56.67 | 56.34 | 56.97 | 56.34 | 0.291 times |
| 14 Fri Jun 2024 | 57.21 | 58.18 | 58.89 | 56.03 | 0.454 times |
| 13 Thu Jun 2024 | 58.74 | 58.91 | 59.02 | 58.10 | 0.658 times |
| 12 Wed Jun 2024 | 59.27 | 60.69 | 60.78 | 58.90 | 1.19 times |
| 11 Tue Jun 2024 | 59.09 | 60.81 | 60.86 | 58.41 | 1.233 times |
| 10 Mon Jun 2024 | 61.62 | 60.93 | 61.62 | 60.92 | 0.3 times |
Stock of Omega Flex (OFLX) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 52.2, for a target of 55.8 or 58.75
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 53.13 |
| Upside Target | 55.74 |
| Upside Target | 61.62 |
| Upside Target | 65.00 |
| Upside Target | 66.07 |
| Upside Target | 67.78 |
| Upside Target | 67.85 |
| Upside Target | 68.50 |
| Upside Target | 74.59 |
| Upside Target | 75.15 |
| Upside Target | 75.28 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 52.51 |
| Downside Intraday Target | 51.51 |
| Upside Intraday Target | 55.12 |
| Upside Intraday Target | 56.73 |
| Upside Intraday Target | 54.12 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 53.50 | 55.00 | 55.74 | 53.13 | 6.018 times |
| 18 Tue Jun 2024 | 53.97 | 56.34 | 56.97 | 53.50 | 0.494 times |
| 14 Fri Jun 2024 | 57.21 | 60.93 | 61.62 | 56.03 | 1.156 times |
| 07 Fri Jun 2024 | 60.93 | 60.07 | 61.88 | 58.57 | 1.012 times |
| 31 Fri May 2024 | 59.21 | 65.00 | 65.00 | 58.02 | 3.632 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 Omega Flex (OFLX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 53.50 | 60.07 | 61.88 | 53.13 | 3.056 times |
| 31 Fri May 2024 | 59.21 | 66.31 | 68.50 | 58.02 | 1.585 times |
| 30 Tue Apr 2024 | 66.26 | 70.45 | 75.15 | 66.07 | 1.242 times |
| 28 Thu Mar 2024 | 70.93 | 69.51 | 74.59 | 67.78 | 1.165 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Omega Flex (OFLX)
Price action analysis of Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) based on a mid to longer 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.
ADX buy sell signal for Omega Flex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Omega Flex in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Omega Flex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.99 and Omega Flex (OFLX) 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 Omega Flex (OFLX) stock. Volume based technical analysis of Omega Flex (OFLX) stock is negative.
Omega Flex 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) based on a mid to longer 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.
ADX buy sell signal for Omega Flex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Omega Flex in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Omega Flex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.99 and Omega Flex (OFLX) 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 Omega Flex (OFLX) stock. Volume based technical analysis of Omega Flex (OFLX) stock is negative.
Omega Flex 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.