(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 2024-10-17 View latest technical analysis
10 day averaged volume of Omega Flex is 14300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 50.62 | 49.62 | 50.62 | 49.62 | 1.462 times |
| 16 Wed Oct 2024 | 49.88 | 49.44 | 50.50 | 49.27 | 1.119 times |
| 15 Tue Oct 2024 | 48.73 | 48.65 | 50.11 | 48.65 | 1.35 times |
| 14 Mon Oct 2024 | 49.17 | 48.67 | 49.43 | 48.67 | 0.825 times |
| 11 Fri Oct 2024 | 49.65 | 48.03 | 49.74 | 48.00 | 0.825 times |
| 10 Thu Oct 2024 | 47.99 | 47.70 | 48.44 | 46.81 | 1.58 times |
| 09 Wed Oct 2024 | 48.12 | 48.27 | 49.01 | 48.12 | 0.713 times |
| 08 Tue Oct 2024 | 48.11 | 49.00 | 49.00 | 48.02 | 0.811 times |
| 07 Mon Oct 2024 | 49.02 | 49.15 | 49.15 | 48.29 | 0.846 times |
| 04 Fri Oct 2024 | 49.00 | 48.86 | 49.29 | 48.58 | 1.063 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 50.6, but if it comes below 50.6, then a intra day sell could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 49.55 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 51.8 as target.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 43.86 |
| Downside Target | 46.81 |
| Downside Target | 49.74 |
| Downside Target | 50.62 |
| Upside Target | 51.00 |
| Upside Target | 52.53 |
| Upside Target | 52.75 |
| Upside Target | 52.90 |
| Upside Target | 54.73 |
| Upside Target | 61.88 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 49.31 |
| Downside Intraday Target | 47.99 |
| Upside Intraday Target | 51.28 |
| Upside Intraday Target | 51.93 |
| Downside Intraday Target | 49.96 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 50.62 | 48.67 | 50.62 | 48.65 | 0.996 times |
| 11 Fri Oct 2024 | 49.65 | 49.15 | 49.74 | 46.81 | 0.986 times |
| 04 Fri Oct 2024 | 49.00 | 50.81 | 51.00 | 47.59 | 0.699 times |
| 27 Fri Sep 2024 | 51.30 | 50.72 | 52.53 | 50.01 | 0.665 times |
| 20 Fri Sep 2024 | 50.72 | 50.70 | 52.75 | 50.38 | 1.039 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 |
| 17 Thu Oct 2024 | 50.62 | 49.76 | 50.62 | 46.81 | 0.288 times |
| 30 Mon Sep 2024 | 49.92 | 47.76 | 52.75 | 44.32 | 1.521 times |
| 30 Fri Aug 2024 | 47.20 | 52.90 | 52.90 | 43.86 | 0.619 times |
| 31 Wed Jul 2024 | 52.58 | 51.62 | 54.73 | 47.79 | 0.53 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 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 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 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 Omega Flex stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Omega Flex in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Omega Flex in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 49.07 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 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 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 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 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 Omega Flex stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Omega Flex in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Omega Flex in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 49.07 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.