(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 2024-10-08 View latest technical analysis
10 day averaged volume of Omega Flex is 17030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 48.11 | 49.00 | 49.00 | 48.02 | 0.681 times |
| 07 Mon Oct 2024 | 49.02 | 49.15 | 49.15 | 48.29 | 0.711 times |
| 04 Fri Oct 2024 | 49.00 | 48.86 | 49.29 | 48.58 | 0.893 times |
| 03 Thu Oct 2024 | 48.24 | 48.30 | 48.51 | 47.59 | 0.728 times |
| 02 Wed Oct 2024 | 48.99 | 49.25 | 49.38 | 48.93 | 0.722 times |
| 01 Tue Oct 2024 | 49.12 | 49.76 | 50.08 | 48.91 | 0.934 times |
| 30 Mon Sep 2024 | 49.92 | 50.81 | 51.00 | 49.33 | 0.793 times |
| 27 Fri Sep 2024 | 51.30 | 51.92 | 52.53 | 50.89 | 0.975 times |
| 26 Thu Sep 2024 | 50.97 | 50.87 | 50.97 | 50.53 | 0.775 times |
| 25 Wed Sep 2024 | 50.01 | 50.42 | 51.21 | 50.01 | 2.014 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.9, but if it comes above 48.9, then a intra day buy could be more profitable.
If you take a sell trade below 48.9, then use 48.9 as stoploss and 47.6 as target. However if you take a buy trade in stock , then use 48.9 as stoploss and 50.02 as target.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 43.86 |
| Downside Target | 47.59 |
| Upside Target | 49.15 |
| Upside Target | 51.00 |
| Upside Target | 51.58 |
| Upside Target | 52.53 |
| Upside Target | 52.75 |
| Upside Target | 52.90 |
| Upside Target | 54.73 |
| Upside Target | 61.88 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 47.7 |
| Downside Intraday Target | 47.3 |
| Upside Intraday Target | 48.83 |
| Upside Intraday Target | 49.56 |
| Upside Intraday Target | 48.43 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 48.11 | 49.15 | 49.15 | 48.02 | 0.342 times |
| 04 Fri Oct 2024 | 49.00 | 50.81 | 51.00 | 47.59 | 0.699 times |
| 27 Fri Sep 2024 | 51.30 | 50.72 | 52.53 | 50.01 | 0.665 times |
| 20 Fri Sep 2024 | 50.72 | 50.70 | 52.75 | 50.38 | 1.039 times |
| 13 Fri Sep 2024 | 50.23 | 44.94 | 51.58 | 44.94 | 0.549 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 |
| 08 Tue Oct 2024 | 48.11 | 49.76 | 50.08 | 47.59 | 0.119 times |
| 30 Mon Sep 2024 | 49.92 | 47.76 | 52.75 | 44.32 | 1.521 times |
| 30 Fri Aug 2024 | 47.20 | 52.90 | 52.90 | 43.86 | 0.619 times |
| 31 Wed Jul 2024 | 52.58 | 51.62 | 54.73 | 47.79 | 0.53 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 49.6 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 49.6 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.