Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-20 View latest technical analysis

10 day averaged volume of Omega Flex is 7410

Date Daily Closing Price Open High Low Volume
20 Tue Feb 2024 73.09 70.49 73.09 70.49 0.594 times
16 Fri Feb 2024 72.24 74.66 75.02 72.24 0.823 times
15 Thu Feb 2024 74.61 71.35 75.28 71.35 0.756 times
14 Wed Feb 2024 71.39 69.30 71.39 69.30 0.783 times
13 Tue Feb 2024 67.85 69.59 69.59 67.85 1.727 times
12 Mon Feb 2024 72.19 72.24 73.59 70.58 0.823 times
09 Fri Feb 2024 70.74 70.52 71.24 69.65 0.972 times
08 Thu Feb 2024 69.44 69.98 69.98 69.44 0.418 times
07 Wed Feb 2024 70.61 70.71 72.34 70.36 1.147 times
06 Tue Feb 2024 70.75 68.11 70.76 68.11 1.188 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 72.6, but if it comes below 72.6, then a intra day sell could be more profitable.
If you take a sell trade below 72.6, then use 72.6 as stoploss and 70.98 as target. However if you take a buy trade in stock , then use 72.6 as stoploss and 74.5 as target.

Share price targets for Omega Flex (OFLX)

Target Type Value
Downside Target 63.43
Downside Target 67.85
Downside Target 73.09
Upside Target 74.92
Upside Target 75.18
Upside Target 75.28
Upside Target 76.50
Upside Target 81.67
Upside Target 85.92

Intraday share price targets for Omega Flex (OFLX)

Target Type Value
Downside Intraday Target 71.36
Downside Intraday Target 69.62
Upside Intraday Target 73.96
Upside Intraday Target 74.82
Downside Intraday Target 72.22

Weekly technical analysis of Omega Flex (OFLX)

Date Weekly Closing Price Open High Low Volume
20 Tue Feb 2024 73.09 70.49 73.09 70.49 0.121 times
16 Fri Feb 2024 72.24 72.24 75.28 67.85 0.966 times
09 Fri Feb 2024 70.74 69.96 72.34 68.00 0.665 times
02 Fri Feb 2024 69.24 72.00 74.92 69.24 1.292 times
26 Fri Jan 2024 71.24 75.23 76.50 69.23 0.697 times

Price has moved up 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
20 Tue Feb 2024 73.09 70.17 75.28 67.85 0.313 times
31 Wed Jan 2024 69.76 70.40 76.50 68.07 0.904 times
29 Fri Dec 2023 70.51 71.77 85.92 70.49 1.683 times
30 Thu Nov 2023 70.52 72.50 75.18 63.43 1.012 times

Scroll below to view daily charts

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 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 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 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 BUY. 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Omega Flex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Omega Flex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.91 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 positive

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 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 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 BUY. 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Omega Flex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Omega Flex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.91 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme