(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.
10 day averaged volume of Omega Flex is 8940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 67.00 | 66.56 | 67.47 | 66.24 | 1.04 times |
| 06 Mon May 2024 | 66.93 | 66.67 | 67.97 | 66.67 | 1.23 times |
| 03 Fri May 2024 | 66.99 | 66.38 | 68.50 | 66.38 | 0.694 times |
| 02 Thu May 2024 | 66.81 | 65.60 | 67.07 | 64.68 | 1.309 times |
| 01 Wed May 2024 | 67.08 | 66.31 | 67.08 | 66.20 | 1.443 times |
| 30 Tue Apr 2024 | 66.26 | 66.96 | 67.94 | 66.20 | 1.007 times |
| 29 Mon Apr 2024 | 67.48 | 67.30 | 67.48 | 66.52 | 1.051 times |
| 26 Fri Apr 2024 | 66.85 | 67.82 | 67.82 | 66.23 | 0.895 times |
| 25 Thu Apr 2024 | 67.59 | 66.81 | 67.59 | 66.81 | 0.615 times |
| 24 Wed Apr 2024 | 67.50 | 66.70 | 67.62 | 66.50 | 0.861 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 66.6 as stoploss in an intra day buy trade for a target of 67.58. However, stock will show a bearish move below 66.6.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 64.68 |
| Downside Target | 66.07 |
| Upside Target | 67.78 |
| Upside Target | 68.50 |
| Upside Target | 69.70 |
| Upside Target | 74.59 |
| Upside Target | 75.15 |
| Upside Target | 75.28 |
| Upside Target | 76.50 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 66.17 |
| Downside Intraday Target | 65.34 |
| Upside Intraday Target | 67.9 |
| Upside Intraday Target | 68.8 |
| Upside Intraday Target | 67.07 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 67.00 | 66.67 | 67.97 | 66.24 | 0.413 times |
| 03 Fri May 2024 | 66.99 | 67.30 | 68.50 | 64.68 | 1.394 times |
| 26 Fri Apr 2024 | 66.85 | 67.82 | 68.00 | 66.23 | 0.717 times |
| 19 Fri Apr 2024 | 67.00 | 68.20 | 69.70 | 66.07 | 1.402 times |
| 12 Fri Apr 2024 | 68.55 | 69.37 | 75.15 | 68.18 | 0.758 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 |
| 07 Tue May 2024 | 67.00 | 66.31 | 68.50 | 64.68 | 0.277 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 |
| 29 Thu Feb 2024 | 69.65 | 70.17 | 75.28 | 67.85 | 0.428 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 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 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 gaining momentum.
MACD generated a BUY signal for Omega Flex 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.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 67.02 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 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 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 gaining momentum.
MACD generated a BUY signal for Omega Flex 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.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 67.02 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.