(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 2024-06-05 View latest technical analysis
10 day averaged volume of Omega Flex is 26297
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 60.44 | 61.63 | 61.63 | 60.44 | 0.616 times |
| 04 Tue Jun 2024 | 61.62 | 61.30 | 61.88 | 60.31 | 1.205 times |
| 03 Mon Jun 2024 | 61.62 | 60.07 | 61.68 | 58.57 | 1.86 times |
| 31 Fri May 2024 | 59.21 | 58.86 | 59.85 | 58.81 | 1.985 times |
| 30 Thu May 2024 | 59.78 | 58.36 | 61.10 | 58.02 | 1.669 times |
| 29 Wed May 2024 | 58.36 | 58.24 | 59.02 | 58.17 | 0.616 times |
| 28 Tue May 2024 | 58.76 | 65.00 | 65.00 | 58.54 | 1.167 times |
| 23 Thu May 2024 | 64.90 | 66.61 | 66.61 | 64.90 | 0.278 times |
| 22 Wed May 2024 | 66.72 | 67.13 | 67.13 | 66.53 | 0.281 times |
| 21 Tue May 2024 | 66.99 | 67.08 | 67.08 | 66.50 | 0.354 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61, but if it comes above 61, then a intra day buy could be more profitable.
If you take a sell trade below 61, then use 61 as stoploss and 57 as target. However if you take a buy trade in stock , then use 61 as stoploss and 64.35 as target.
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 | 58.71 |
| Downside Intraday Target | 56.99 |
| Upside Intraday Target | 62.02 |
| Upside Intraday Target | 63.61 |
| Downside Intraday Target | 60.3 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 60.44 | 60.07 | 61.88 | 58.57 | 0.677 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 |
| 05 Wed Jun 2024 | 60.44 | 60.07 | 61.88 | 58.57 | 0.331 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 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 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 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.
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. Bears are weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Omega Flex is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 60.65 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 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 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 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 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.
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. Bears are weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Omega Flex is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 60.65 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.