(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 2024-07-03 View latest technical analysis
10 day averaged volume of Omega Flex is 104020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 50.71 | 50.54 | 51.65 | 50.51 | 0.306 times |
| 03 Wed Jul 2024 | 50.71 | 50.54 | 51.65 | 50.51 | 0.306 times |
| 02 Tue Jul 2024 | 50.85 | 50.83 | 51.55 | 50.34 | 1.069 times |
| 01 Mon Jul 2024 | 51.01 | 51.62 | 51.62 | 50.41 | 0.264 times |
| 28 Fri Jun 2024 | 51.28 | 50.81 | 51.67 | 50.47 | 0.757 times |
| 27 Thu Jun 2024 | 50.37 | 50.43 | 50.43 | 49.93 | 1.296 times |
| 26 Wed Jun 2024 | 50.00 | 51.31 | 51.31 | 49.98 | 0.896 times |
| 25 Tue Jun 2024 | 51.41 | 52.83 | 52.85 | 51.28 | 0.757 times |
| 24 Mon Jun 2024 | 52.70 | 53.52 | 54.09 | 52.44 | 0.544 times |
| 21 Fri Jun 2024 | 53.50 | 54.04 | 54.80 | 53.13 | 3.125 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.7 as stoploss in an intra day buy trade for a target of 54.41. However, stock will show a bearish move below 50.7.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 49.93 |
| Upside Target | 51.65 |
| Upside Target | 53.13 |
| Upside Target | 55.74 |
| Upside Target | 56.97 |
| Upside Target | 58.02 |
| Upside Target | 61.88 |
| Upside Target | 66.07 |
| Upside Target | 67.78 |
| Upside Target | 68.50 |
| Upside Target | 74.59 |
| Upside Target | 75.15 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 50.26 |
| Downside Intraday Target | 49.82 |
| Upside Intraday Target | 51.4 |
| Upside Intraday Target | 52.1 |
| Upside Intraday Target | 50.96 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 50.71 | 50.54 | 51.65 | 50.51 | 0.187 times |
| 03 Wed Jul 2024 | 50.71 | 51.62 | 51.65 | 50.34 | 0.386 times |
| 28 Fri Jun 2024 | 51.28 | 53.52 | 54.09 | 49.93 | 0.888 times |
| 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 |
Price has moved down 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 Omega Flex (OFLX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 50.71 | 51.62 | 51.65 | 50.34 | 0.152 times |
| 28 Fri Jun 2024 | 51.28 | 60.07 | 61.88 | 49.93 | 4.569 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 |
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 Omega Flex (OFLX)
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Omega Flex in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 51.77 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Omega Flex in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 51.77 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.