(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 2024-03-11 View latest technical analysis
10 day averaged volume of Omega Flex is 5040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 70.00 | 69.76 | 70.26 | 69.67 | 1.329 times |
| 08 Fri Mar 2024 | 69.91 | 69.77 | 70.36 | 69.62 | 0.913 times |
| 07 Thu Mar 2024 | 68.84 | 69.19 | 70.55 | 68.84 | 0.536 times |
| 06 Wed Mar 2024 | 69.43 | 69.43 | 69.43 | 69.43 | 0.417 times |
| 05 Tue Mar 2024 | 68.07 | 69.83 | 69.85 | 67.78 | 1.23 times |
| 04 Mon Mar 2024 | 70.76 | 69.79 | 70.89 | 69.78 | 0.595 times |
| 01 Fri Mar 2024 | 69.41 | 69.51 | 70.77 | 69.41 | 1.845 times |
| 29 Thu Feb 2024 | 69.65 | 72.79 | 72.79 | 69.60 | 2.222 times |
| 28 Wed Feb 2024 | 70.59 | 70.95 | 71.16 | 70.20 | 1.052 times |
| 27 Tue Feb 2024 | 71.33 | 71.52 | 71.52 | 71.33 | 0.476 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 69.2 as stoploss in an intra day buy trade for a target of 70.92. However, stock will show a bearish move below 69.2.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 63.43 |
| Downside Target | 67.78 |
| Upside Target | 70.89 |
| Upside Target | 72.79 |
| Upside Target | 74.45 |
| Upside Target | 75.18 |
| Upside Target | 75.28 |
| Upside Target | 76.50 |
| Upside Target | 85.92 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 69.69 |
| Downside Intraday Target | 69.39 |
| Upside Intraday Target | 70.28 |
| Upside Intraday Target | 70.57 |
| Downside Intraday Target | 69.98 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 70.00 | 69.76 | 70.26 | 69.67 | 0.36 times |
| 08 Fri Mar 2024 | 69.91 | 69.79 | 70.89 | 67.78 | 0.585 times |
| 01 Fri Mar 2024 | 69.41 | 72.67 | 72.79 | 69.41 | 1.988 times |
| 23 Fri Feb 2024 | 72.60 | 70.49 | 74.45 | 70.49 | 0.44 times |
| 16 Fri Feb 2024 | 72.24 | 72.24 | 75.28 | 67.85 | 0.966 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 |
| 11 Mon Mar 2024 | 70.00 | 69.51 | 70.89 | 67.78 | 0.272 times |
| 29 Thu Feb 2024 | 69.65 | 70.17 | 75.28 | 67.85 | 0.428 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 |
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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Omega Flex Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Omega Flex in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 69.67 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Omega Flex Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Omega Flex in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 69.67 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 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.