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(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 2024-12-27 View latest technical analysis

10 day averaged volume of Omega Flex is 22685

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	41.50	42.87	42.87	41.03	0.799 times
26 Thu Dec 2024	42.81	41.57	43.17	41.57	0.681 times
24 Tue Dec 2024	42.60	41.86	42.60	41.86	0.423 times
23 Mon Dec 2024	42.07	42.65	42.65	41.61	1.093 times
20 Fri Dec 2024	42.69	40.38	42.69	40.38	2.603 times
19 Thu Dec 2024	40.99	42.00	42.12	40.49	1.185 times
18 Wed Dec 2024	42.46	43.87	44.71	42.46	1.169 times
17 Tue Dec 2024	44.04	44.77	45.37	43.66	0.824 times
16 Mon Dec 2024	45.22	46.20	46.29	44.99	0.664 times
13 Fri Dec 2024	45.28	45.61	45.61	44.79	0.69 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.6, but if it comes above 42.6, then a intra day buy could be more profitable.
If you take a sell trade below 42.6, then use 42.6 as stoploss and 38.8 as target. However if you take a buy trade in stock , then use 42.6 as stoploss and 45.75 as target.

Share price targets for Omega Flex (OFLX)

Target Type	Value
Downside Target	40.38
Upside Target	43.17
Upside Target	46.29
Upside Target	48.34
Upside Target	48.70
Upside Target	50.00
Upside Target	52.05
Upside Target	52.75
Upside Target	52.90
Upside Target	53.14
Upside Target	57.81

Intraday share price targets for Omega Flex (OFLX)

Target Type	Value
Downside Intraday Target	40.63
Downside Intraday Target	39.76
Upside Intraday Target	42.77
Upside Intraday Target	44.04
Upside Intraday Target	41.9

Weekly technical analysis of Omega Flex (OFLX)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	41.50	42.65	43.17	41.03	0.465 times
20 Fri Dec 2024	42.69	46.20	46.29	40.38	1.461 times
13 Fri Dec 2024	45.28	46.68	48.34	44.79	8.859 times
26 Tue Nov 2024	49.50	49.63	50.00	48.70	0.415 times
26 Tue Nov 2024	49.50	51.55	52.05	48.70	0.383 times

Price has moved down 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
27 Fri Dec 2024	41.50	46.68	48.34	40.38	1.035 times
26 Tue Nov 2024	49.50	51.15	57.81	48.61	0.863 times
31 Thu Oct 2024	51.12	49.76	53.14	46.81	0.527 times
30 Mon Sep 2024	49.92	47.76	52.75	44.32	1.521 times

Scroll below to view daily charts

Price has moved down 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.

Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 42.76 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.