(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 2024-02-22 View latest technical analysis
10 day averaged volume of Omega Flex is 6440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 71.92 | 74.45 | 74.45 | 71.92 | 0.543 times |
| 21 Wed Feb 2024 | 72.34 | 73.13 | 73.69 | 72.34 | 0.745 times |
| 20 Tue Feb 2024 | 73.09 | 70.49 | 73.09 | 70.49 | 0.683 times |
| 16 Fri Feb 2024 | 72.24 | 74.66 | 75.02 | 72.24 | 0.947 times |
| 15 Thu Feb 2024 | 74.61 | 71.35 | 75.28 | 71.35 | 0.87 times |
| 14 Wed Feb 2024 | 71.39 | 69.30 | 71.39 | 69.30 | 0.901 times |
| 13 Tue Feb 2024 | 67.85 | 69.59 | 69.59 | 67.85 | 1.988 times |
| 12 Mon Feb 2024 | 72.19 | 72.24 | 73.59 | 70.58 | 0.947 times |
| 09 Fri Feb 2024 | 70.74 | 70.52 | 71.24 | 69.65 | 1.118 times |
| 08 Thu Feb 2024 | 69.44 | 69.98 | 69.98 | 69.44 | 0.481 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 72.7 as stoploss in an intra day sell trade for a target of 71.1. However, stock will show a bullish move above 72.7.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 63.43 |
| Downside Target | 67.85 |
| Upside Target | 74.45 |
| Upside Target | 74.92 |
| Upside Target | 75.18 |
| Upside Target | 75.28 |
| Upside Target | 76.50 |
| Upside Target | 81.67 |
| Upside Target | 85.92 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 70.12 |
| Downside Intraday Target | 68.33 |
| Upside Intraday Target | 74.08 |
| Upside Intraday Target | 76.25 |
| Upside Intraday Target | 72.29 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 71.92 | 70.49 | 74.45 | 70.49 | 0.349 times |
| 16 Fri Feb 2024 | 72.24 | 72.24 | 75.28 | 67.85 | 0.966 times |
| 09 Fri Feb 2024 | 70.74 | 69.96 | 72.34 | 68.00 | 0.665 times |
| 02 Fri Feb 2024 | 69.24 | 72.00 | 74.92 | 69.24 | 1.292 times |
| 26 Fri Jan 2024 | 71.24 | 75.23 | 76.50 | 69.23 | 0.697 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 |
| 22 Thu Feb 2024 | 71.92 | 70.17 | 75.28 | 67.85 | 0.341 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 |
| 30 Thu Nov 2023 | 70.52 | 72.50 | 75.18 | 63.43 | 1.012 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.
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
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 71.15 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.
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
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 71.15 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.