(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 2024-02-27 View latest technical analysis
10 day averaged volume of Orthofix Medical is 413640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 13.67 | 13.54 | 13.75 | 13.42 | 0.803 times |
| 26 Mon Feb 2024 | 13.46 | 13.56 | 13.79 | 13.35 | 1.119 times |
| 23 Fri Feb 2024 | 13.65 | 13.54 | 13.69 | 13.17 | 1.014 times |
| 22 Thu Feb 2024 | 13.43 | 13.61 | 13.78 | 13.31 | 0.514 times |
| 21 Wed Feb 2024 | 13.62 | 13.64 | 13.67 | 13.38 | 1.023 times |
| 20 Tue Feb 2024 | 13.76 | 13.67 | 13.84 | 13.63 | 0.87 times |
| 16 Fri Feb 2024 | 13.79 | 14.07 | 14.16 | 13.78 | 1.082 times |
| 15 Thu Feb 2024 | 14.23 | 14.08 | 14.25 | 13.97 | 0.965 times |
| 14 Wed Feb 2024 | 14.00 | 13.98 | 14.05 | 13.64 | 0.782 times |
| 13 Tue Feb 2024 | 13.53 | 14.11 | 14.15 | 13.36 | 1.517 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 13.6 as stoploss in an intra day buy trade for a target of 13.99. However, stock will show a bearish move below 13.6.
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 | 13.87 |
| Upside Target | 14.39 |
| Upside Target | 14.62 |
| Upside Target | 14.68 |
| Upside Target | 14.79 |
| Upside Target | 14.90 |
Intraday share price targets for Orthofix Medical (OFIX)
| Target Type | Value |
| Downside Intraday Target | 13.42 |
| Downside Intraday Target | 13.16 |
| Upside Intraday Target | 13.86 |
| Upside Intraday Target | 14.04 |
| Downside Intraday Target | 13.6 |
Weekly technical analysis of Orthofix Medical (OFIX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 13.67 | 13.56 | 13.79 | 13.35 | 0.562 times |
| 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 |
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 Orthofix Medical (OFIX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 13.67 | 13.88 | 14.68 | 13.17 | 0.613 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Orthofix Medical 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 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 13.71 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 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 Orthofix Medical ( (OFIX) ) 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Orthofix Medical 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 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 13.71 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.