(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 2024-08-19 View latest technical analysis
10 day averaged volume of Omega Flex is 23120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 46.68 | 47.24 | 48.05 | 46.25 | 0.947 times |
| 16 Fri Aug 2024 | 47.50 | 46.94 | 47.50 | 46.04 | 1.492 times |
| 15 Thu Aug 2024 | 46.92 | 46.35 | 47.55 | 46.21 | 0.519 times |
| 14 Wed Aug 2024 | 45.40 | 46.01 | 46.70 | 44.73 | 1.081 times |
| 13 Tue Aug 2024 | 46.10 | 45.72 | 46.32 | 45.10 | 1.311 times |
| 12 Mon Aug 2024 | 44.99 | 45.34 | 45.48 | 44.42 | 1.038 times |
| 09 Fri Aug 2024 | 45.62 | 46.38 | 46.38 | 43.86 | 1.046 times |
| 08 Thu Aug 2024 | 46.35 | 46.45 | 46.93 | 46.00 | 1.011 times |
| 07 Wed Aug 2024 | 45.81 | 47.35 | 47.35 | 45.62 | 0.633 times |
| 06 Tue Aug 2024 | 46.61 | 46.27 | 47.38 | 46.04 | 1.164 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 45.7 as stoploss in an intra day buy trade for a target of 48.75. However, stock will show a bearish move below 45.7.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 43.86 |
| Downside Target | 46.25 |
| Upside Target | 47.38 |
| Upside Target | 49.93 |
| Upside Target | 51.01 |
| Upside Target | 52.90 |
| Upside Target | 54.34 |
| Upside Target | 54.73 |
| Upside Target | 58.02 |
| Upside Target | 61.88 |
| Upside Target | 66.07 |
| Upside Target | 68.50 |
| Upside Target | 75.15 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 45.94 |
| Downside Intraday Target | 45.19 |
| Upside Intraday Target | 47.74 |
| Upside Intraday Target | 48.79 |
| Upside Intraday Target | 46.99 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 46.68 | 47.24 | 48.05 | 46.25 | 0.174 times |
| 16 Fri Aug 2024 | 47.50 | 45.34 | 47.55 | 44.42 | 1.193 times |
| 09 Fri Aug 2024 | 45.62 | 46.79 | 47.38 | 43.86 | 1.129 times |
| 02 Fri Aug 2024 | 48.40 | 52.83 | 54.34 | 47.56 | 0.82 times |
| 26 Fri Jul 2024 | 53.17 | 51.01 | 53.25 | 51.01 | 1.12 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 |
| 19 Mon Aug 2024 | 46.68 | 52.90 | 52.90 | 43.86 | 0.415 times |
| 31 Wed Jul 2024 | 52.58 | 51.62 | 54.73 | 47.79 | 0.53 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 |
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 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 Omega Flex ( (OFLX) ) 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 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 Weak 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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Omega Flex in short term but SELL signal is weak.
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 46.23 and Omega Flex (OFLX) 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 Omega Flex (OFLX) stock. Volume based technical analysis of Omega Flex (OFLX) stock is negative.
Omega Flex Stock is giving positive 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 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 Omega Flex ( (OFLX) ) 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 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 Weak 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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Omega Flex in short term but SELL signal is weak.
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 46.23 and Omega Flex (OFLX) 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 Omega Flex (OFLX) stock. Volume based technical analysis of Omega Flex (OFLX) stock is negative.
Omega Flex Stock is giving positive 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.