(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 2024-08-07 View latest technical analysis
10 day averaged volume of Orthofix Medical is 365293
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 16.61 | 17.45 | 17.51 | 16.14 | 1.548 times |
| 06 Tue Aug 2024 | 17.44 | 16.42 | 17.62 | 15.58 | 3.069 times |
| 05 Mon Aug 2024 | 14.59 | 14.52 | 14.71 | 14.14 | 1.034 times |
| 02 Fri Aug 2024 | 15.24 | 15.09 | 15.76 | 15.06 | 0.681 times |
| 01 Thu Aug 2024 | 15.77 | 16.00 | 16.23 | 15.27 | 1.177 times |
| 31 Wed Jul 2024 | 16.08 | 16.26 | 16.46 | 15.81 | 0.718 times |
| 30 Tue Jul 2024 | 16.20 | 16.08 | 16.26 | 15.99 | 0.413 times |
| 29 Mon Jul 2024 | 15.97 | 16.53 | 16.56 | 15.76 | 0.713 times |
| 26 Fri Jul 2024 | 16.51 | 16.75 | 16.92 | 16.21 | 0.665 times |
| 25 Thu Jul 2024 | 16.51 | 16.84 | 17.17 | 16.51 | 0.725 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.6, but if it comes below 16.6, then a intra day sell could be more profitable.
If you take a sell trade below 16.6, then use 16.6 as stoploss and 16.03 as target. However if you take a buy trade in stock , then use 16.6 as stoploss and 17.4 as target.
Share price targets for Orthofix Medical (OFIX)
| Target Type | Value |
| Downside Target | 12.08 |
| Downside Target | 12.59 |
| Downside Target | 13.60 |
| Downside Target | 14.05 |
| Downside Target | 14.67 |
| Downside Target | 15.06 |
| Downside Target | 15.90 |
| Downside Target | 16.24 |
| Downside Target | 16.56 |
| Upside Target | 16.63 |
| Upside Target | 17.17 |
| Upside Target | 17.62 |
Intraday share price targets for Orthofix Medical (OFIX)
| Target Type | Value |
| Downside Intraday Target | 14.63 |
| Downside Intraday Target | 12.64 |
| Upside Intraday Target | 18.11 |
| Upside Intraday Target | 19.6 |
| Downside Intraday Target | 16.12 |
Weekly technical analysis of Orthofix Medical (OFIX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 16.61 | 14.52 | 17.62 | 14.14 | 1.526 times |
| 02 Fri Aug 2024 | 15.24 | 16.53 | 16.56 | 15.06 | 0.959 times |
| 26 Fri Jul 2024 | 16.51 | 15.64 | 17.17 | 15.56 | 0.819 times |
| 19 Fri Jul 2024 | 15.46 | 15.95 | 16.63 | 15.27 | 1.152 times |
| 12 Fri Jul 2024 | 15.77 | 13.64 | 16.24 | 13.60 | 5.35 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Orthofix Medical (OFIX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 16.61 | 16.00 | 17.62 | 14.14 | 0.45 times |
| 31 Wed Jul 2024 | 16.08 | 13.30 | 17.17 | 12.72 | 1.048 times |
| 28 Fri Jun 2024 | 13.26 | 13.80 | 14.05 | 12.08 | 0.82 times |
| 31 Fri May 2024 | 13.73 | 13.02 | 15.90 | 12.59 | 1.107 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Orthofix Medical ( (OFIX) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Orthofix Medical in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Orthofix Medical in short term but SELL 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 16.37 and Orthofix Medical (OFIX) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Orthofix Medical ( (OFIX) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Orthofix Medical in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Orthofix Medical in short term but SELL 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 16.37 and Orthofix Medical (OFIX) 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 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.