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(OFIX) Orthofix Medical complete technical analysis [charts+indicators] | Buy/Sell Orthofix Medical | (OFIX) share price targets

Complete technical analysis of Orthofix Medical (OFIX) by charts plus indicators, forecast predictions and share price targets for Orthofix Medical (OFIX)

Orthofix Medical trades in USA in Health Care sector.

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Orthofix Medical is 419520

Date Daily Closing Price Open High Low Volume
23 Fri Feb 2024 13.65 13.54 13.69 13.17 1 times
22 Thu Feb 2024 13.43 13.61 13.78 13.31 0.507 times
21 Wed Feb 2024 13.62 13.64 13.67 13.38 1.009 times
20 Tue Feb 2024 13.76 13.67 13.84 13.63 0.858 times
16 Fri Feb 2024 13.79 14.07 14.16 13.78 1.067 times
15 Thu Feb 2024 14.23 14.08 14.25 13.97 0.951 times
14 Wed Feb 2024 14.00 13.98 14.05 13.64 0.771 times
13 Tue Feb 2024 13.53 14.11 14.15 13.36 1.496 times
12 Mon Feb 2024 14.40 14.34 14.62 14.34 1.098 times
09 Fri Feb 2024 14.42 14.59 14.68 14.37 0.564 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.7, but if it comes above 13.7, then a intra day buy could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 13.3 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 14.08 as target.

Share price targets for Orthofix Medical (OFIX)

Target Type Value
Downside Target 9.58
Downside Target 10.28
Downside Target 10.54
Downside Target 12.38
Downside Target 13.17
Upside Target 13.77
Upside Target 14.39
Upside Target 14.62
Upside Target 14.68
Upside Target 14.78
Upside Target 14.79
Upside Target 14.90

Intraday share price targets for Orthofix Medical (OFIX)

Target Type Value
Downside Intraday Target 13.27
Downside Intraday Target 12.88
Upside Intraday Target 13.94
Upside Intraday Target 14.22
Downside Intraday Target 13.55

Weekly technical analysis of Orthofix Medical (OFIX)

Date Weekly Closing Price Open High Low Volume
23 Fri Feb 2024 13.65 13.67 13.84 13.17 0.627 times
16 Fri Feb 2024 13.79 14.34 14.62 13.36 1.03 times
09 Fri Feb 2024 14.42 14.03 14.68 13.77 1.352 times
02 Fri Feb 2024 14.11 14.37 14.79 13.87 1.002 times
26 Fri Jan 2024 14.44 14.08 14.78 13.85 0.932 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 Orthofix Medical (OFIX)

Date Monthly Closing Price Open High Low Volume
23 Fri Feb 2024 13.65 13.88 14.68 13.17 0.545 times
31 Wed Jan 2024 13.89 13.39 14.90 12.38 0.432 times
29 Fri Dec 2023 13.48 11.01 14.39 10.28 1.922 times
30 Thu Nov 2023 11.05 11.09 12.52 9.58 0.768 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 Orthofix Medical (OFIX)

Price action analysis of Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) based on a mid to longer 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.

ADX buy sell signal for Orthofix Medical stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orthofix Medical in short term but the sell signal is initial and weak.

Orthofix Medical 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Orthofix Medical in short term and SELL signal is strong!

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 Orthofix Medical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.86 and Orthofix Medical (OFIX) 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 Orthofix Medical (OFIX) stock. Volume based technical analysis of Orthofix Medical (OFIX) stock is negative.

Orthofix Medical 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 Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) based on a mid to longer 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.

ADX buy sell signal for Orthofix Medical stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orthofix Medical in short term but the sell signal is initial and weak.

Orthofix Medical 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Orthofix Medical in short term and SELL signal is strong!

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 Orthofix Medical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.86 and Orthofix Medical (OFIX) 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 Orthofix Medical (OFIX) stock. Volume based technical analysis of Orthofix Medical (OFIX) stock is negative.

Orthofix Medical 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.

Daily charts

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Daily chart
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