(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.
10 day averaged volume of Orthofix Medical is 359000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 13.89 | 12.59 | 14.13 | 12.59 | 2.073 times |
| 06 Mon May 2024 | 13.46 | 13.65 | 13.78 | 13.22 | 0.816 times |
| 03 Fri May 2024 | 13.60 | 13.52 | 13.84 | 13.52 | 2.118 times |
| 02 Thu May 2024 | 13.24 | 13.17 | 13.24 | 12.99 | 0.605 times |
| 01 Wed May 2024 | 13.03 | 13.02 | 13.44 | 12.99 | 0.635 times |
| 30 Tue Apr 2024 | 13.00 | 12.98 | 13.17 | 12.89 | 1.172 times |
| 29 Mon Apr 2024 | 13.09 | 12.99 | 13.28 | 12.99 | 0.681 times |
| 26 Fri Apr 2024 | 12.99 | 13.12 | 13.29 | 12.94 | 0.721 times |
| 25 Thu Apr 2024 | 13.10 | 13.42 | 13.49 | 12.97 | 1.838 times |
| 24 Wed Apr 2024 | 13.56 | 13.13 | 13.84 | 13.13 | 0.802 times |
Stock of Orthofix Medical (OFIX) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.9, for a target of 13.6 or 13.28
Share price targets for Orthofix Medical (OFIX)
| Target Type | Value |
| Downside Target | 12.38 |
| Downside Target | 13.24 |
| Downside Target | 13.84 |
| Upside Target | 14.13 |
| Upside Target | 14.67 |
| Upside Target | 14.68 |
| Upside Target | 14.76 |
| Upside Target | 14.90 |
Intraday share price targets for Orthofix Medical (OFIX)
| Target Type | Value |
| Downside Intraday Target | 12.94 |
| Downside Intraday Target | 12 |
| Upside Intraday Target | 14.48 |
| Upside Intraday Target | 15.08 |
| Downside Intraday Target | 13.54 |
Weekly technical analysis of Orthofix Medical (OFIX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 13.89 | 13.65 | 14.13 | 12.59 | 0.554 times |
| 03 Fri May 2024 | 13.60 | 12.99 | 13.84 | 12.89 | 1.1 times |
| 26 Fri Apr 2024 | 12.99 | 13.05 | 13.84 | 12.82 | 0.993 times |
| 19 Fri Apr 2024 | 13.10 | 13.29 | 13.38 | 12.87 | 1.637 times |
| 12 Fri Apr 2024 | 13.32 | 14.31 | 14.67 | 13.24 | 0.822 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 Orthofix Medical (OFIX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 13.89 | 13.02 | 14.13 | 12.59 | 0.35 times |
| 30 Tue Apr 2024 | 13.00 | 14.60 | 14.67 | 12.82 | 0.825 times |
| 28 Thu Mar 2024 | 14.52 | 13.11 | 14.76 | 12.75 | 0.978 times |
| 29 Thu Feb 2024 | 13.06 | 13.88 | 14.68 | 12.77 | 0.682 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Orthofix Medical ( (OFIX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Orthofix Medical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Orthofix Medical 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.
Orthofix Medical 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Orthofix Medical in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 13.38 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 rising upwards.
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 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 Orthofix Medical ( (OFIX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Orthofix Medical ( (OFIX) ) 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 Orthofix Medical ( (OFIX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Orthofix Medical ( (OFIX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Orthofix Medical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Orthofix Medical 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.
Orthofix Medical 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Orthofix Medical in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 13.38 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 rising upwards.
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 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.