(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 2024-05-31 View latest technical analysis
10 day averaged volume of Omega Flex is 15465
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 59.21 | 58.86 | 59.85 | 58.81 | 3.375 times |
| 30 Thu May 2024 | 59.78 | 58.36 | 61.10 | 58.02 | 2.839 times |
| 29 Wed May 2024 | 58.36 | 58.24 | 59.02 | 58.17 | 1.048 times |
| 28 Tue May 2024 | 58.76 | 65.00 | 65.00 | 58.54 | 1.985 times |
| 23 Thu May 2024 | 64.90 | 66.61 | 66.61 | 64.90 | 0.472 times |
| 22 Wed May 2024 | 66.72 | 67.13 | 67.13 | 66.53 | 0.478 times |
| 21 Tue May 2024 | 66.99 | 67.08 | 67.08 | 66.50 | 0.601 times |
| 20 Mon May 2024 | 67.17 | 65.98 | 67.56 | 65.75 | 0.994 times |
| 17 Fri May 2024 | 66.09 | 67.24 | 67.42 | 65.98 | 0.62 times |
| 16 Thu May 2024 | 67.14 | 66.50 | 67.14 | 66.50 | 0.495 times |
Stock of Omega Flex (OFLX) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 58.3, for a target of 62.1 or 65.2
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 58.02 |
| Upside Target | 64.68 |
| Upside Target | 67.85 |
| Upside Target | 67.97 |
| Upside Target | 68.07 |
| Upside Target | 68.50 |
| Upside Target | 74.59 |
| Upside Target | 75.15 |
| Upside Target | 75.28 |
| Upside Target | 76.50 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 56.49 |
| Downside Intraday Target | 53.76 |
| Upside Intraday Target | 63.47 |
| Upside Intraday Target | 67.72 |
| Upside Intraday Target | 60.74 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 59.21 | 65.00 | 65.00 | 58.02 | 3.632 times |
| 23 Thu May 2024 | 64.90 | 65.98 | 67.56 | 64.90 | 0.992 times |
| 17 Fri May 2024 | 66.09 | 66.93 | 67.42 | 65.89 | 1.012 times |
| 10 Fri May 2024 | 67.00 | 66.67 | 67.97 | 66.24 | 0.797 times |
| 03 Fri May 2024 | 66.99 | 67.30 | 68.50 | 64.68 | 1.394 times |
Price has moved down 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 |
| 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 |
| 28 Thu Mar 2024 | 70.93 | 69.51 | 74.59 | 67.78 | 1.165 times |
| 29 Thu Feb 2024 | 69.65 | 70.17 | 75.28 | 67.85 | 0.428 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Omega Flex in short term and SELL signal is strong!
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 61.29 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Omega Flex in short term and SELL signal is strong!
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 61.29 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.