(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 2024-03-15 View latest technical analysis
10 day averaged volume of Omega Flex is 5800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 72.76 | 70.25 | 73.20 | 70.25 | 3.31 times |
| 14 Thu Mar 2024 | 70.87 | 72.83 | 72.83 | 69.53 | 1.741 times |
| 13 Wed Mar 2024 | 73.55 | 71.88 | 73.65 | 71.88 | 0.879 times |
| 12 Tue Mar 2024 | 70.03 | 69.57 | 71.20 | 69.40 | 1.414 times |
| 11 Mon Mar 2024 | 70.00 | 69.76 | 70.26 | 69.67 | 1.155 times |
| 08 Fri Mar 2024 | 69.91 | 69.77 | 70.36 | 69.62 | 0.793 times |
| 07 Thu Mar 2024 | 68.84 | 69.19 | 70.55 | 68.84 | 0.466 times |
| 06 Wed Mar 2024 | 69.43 | 69.43 | 69.43 | 69.43 | 0.362 times |
| 05 Tue Mar 2024 | 68.07 | 69.83 | 69.85 | 67.78 | 1.069 times |
| 04 Mon Mar 2024 | 70.76 | 69.79 | 70.89 | 69.78 | 0.517 times |
Stock of Omega Flex (OFLX) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 72.5, but if it comes below 72.5, then a intra day sell could be more profitable.
If you take a sell trade below 72.5, then use 72.5 as stoploss and 70.98 as target. However if you take a buy trade in stock , then use 72.5 as stoploss and 74.3 as target.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 63.43 |
| Downside Target | 67.78 |
| Upside Target | 72.79 |
| Upside Target | 73.65 |
| 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 | 70.22 |
| Downside Intraday Target | 67.69 |
| Upside Intraday Target | 74.47 |
| Upside Intraday Target | 76.19 |
| Downside Intraday Target | 71.94 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 72.76 | 69.76 | 73.65 | 69.40 | 2.651 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, 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 |
| 15 Fri Mar 2024 | 72.76 | 69.51 | 73.65 | 67.78 | 0.606 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Omega Flex stock for short term is BUY. Signal strength is Weak and stock is gaining 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 buy signal for Omega Flex in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 70.97 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Omega Flex stock for short term is BUY. Signal strength is Weak and stock is gaining 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 buy signal for Omega Flex in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 70.97 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.