(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 2024-06-04 View latest technical analysis
10 day averaged volume of Omega Flex is 24085
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 61.62 | 61.30 | 61.88 | 60.31 | 1.316 times |
| 03 Mon Jun 2024 | 61.62 | 60.07 | 61.68 | 58.57 | 2.03 times |
| 31 Fri May 2024 | 59.21 | 58.86 | 59.85 | 58.81 | 2.167 times |
| 30 Thu May 2024 | 59.78 | 58.36 | 61.10 | 58.02 | 1.823 times |
| 29 Wed May 2024 | 58.36 | 58.24 | 59.02 | 58.17 | 0.673 times |
| 28 Tue May 2024 | 58.76 | 65.00 | 65.00 | 58.54 | 1.275 times |
| 23 Thu May 2024 | 64.90 | 66.61 | 66.61 | 64.90 | 0.303 times |
| 22 Wed May 2024 | 66.72 | 67.13 | 67.13 | 66.53 | 0.307 times |
| 21 Tue May 2024 | 66.99 | 67.08 | 67.08 | 66.50 | 0.386 times |
| 20 Mon May 2024 | 67.17 | 65.98 | 67.56 | 65.75 | 0.638 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 61.4 as stoploss in an intra day buy trade for a target of 64.67. However, stock will show a bearish move below 61.4.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 58.02 |
| Upside Target | 61.88 |
| Upside Target | 64.90 |
| Upside Target | 67.56 |
| Upside Target | 67.78 |
| Upside Target | 67.85 |
| Upside Target | 67.97 |
| Upside Target | 68.50 |
| Upside Target | 74.59 |
| Upside Target | 75.15 |
| Upside Target | 75.28 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 59.5 |
| Downside Intraday Target | 57.38 |
| Upside Intraday Target | 62.81 |
| Upside Intraday Target | 64 |
| Downside Intraday Target | 60.69 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 61.62 | 60.07 | 61.88 | 58.57 | 0.564 times |
| 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 |
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 Omega Flex (OFLX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 61.62 | 60.07 | 61.88 | 58.57 | 0.276 times |
| 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 |
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 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 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 losing momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Omega Flex in short term but BUY signal is weak.
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 61.05 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 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 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 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 losing momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Omega Flex in short term but BUY signal is weak.
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 61.05 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 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.