(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 8750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 72.83 | 71.77 | 73.99 | 71.14 | 1.509 times |
| 30 Thu Nov 2023 | 70.52 | 70.65 | 72.80 | 68.76 | 1.611 times |
| 29 Wed Nov 2023 | 70.21 | 68.48 | 70.21 | 68.31 | 1.611 times |
| 28 Tue Nov 2023 | 68.00 | 64.09 | 68.65 | 64.09 | 1.68 times |
| 27 Mon Nov 2023 | 69.22 | 70.76 | 70.97 | 69.12 | 1.143 times |
| 24 Fri Nov 2023 | 70.48 | 70.70 | 71.31 | 70.48 | 0.343 times |
| 22 Wed Nov 2023 | 68.74 | 67.13 | 68.74 | 67.13 | 0.32 times |
| 21 Tue Nov 2023 | 67.12 | 66.61 | 69.51 | 66.61 | 0.697 times |
| 20 Mon Nov 2023 | 68.62 | 71.46 | 71.46 | 67.97 | 0.823 times |
| 17 Fri Nov 2023 | 70.76 | 69.76 | 73.04 | 69.76 | 0.983 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 71.5, but if it comes below 71.5, then a intra day sell could be more profitable.
If you take a sell trade below 71.5, then use 71.5 as stoploss and 69.06 as target. However if you take a buy trade in stock , then use 71.5 as stoploss and 74.5 as target.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 63.43 |
| Downside Target | 66.61 |
| Downside Target | 71.00 |
| Upside Target | 73.99 |
| Upside Target | 75.18 |
| Upside Target | 76.19 |
| Upside Target | 76.74 |
| Upside Target | 79.18 |
| Upside Target | 81.67 |
| Upside Target | 87.86 |
| Upside Target | 90.01 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 66.62 |
| Downside Intraday Target | 60.4 |
| Upside Intraday Target | 76.52 |
| Upside Intraday Target | 80.2 |
| Downside Intraday Target | 70.3 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 72.83 | 70.76 | 73.99 | 64.09 | 3.461 times |
| 24 Fri Nov 2023 | 70.48 | 71.46 | 71.46 | 66.61 | 0.461 times |
| 17 Fri Nov 2023 | 70.76 | 63.43 | 73.04 | 63.43 | 0.673 times |
| 10 Fri Nov 2023 | 64.93 | 73.27 | 73.70 | 64.30 | 1.345 times |
| 03 Fri Nov 2023 | 73.42 | 71.80 | 76.19 | 71.80 | 0.982 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 Omega Flex (OFLX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 72.83 | 71.77 | 73.99 | 71.14 | 0.067 times |
| 30 Thu Nov 2023 | 70.52 | 72.50 | 75.18 | 63.43 | 1.012 times |
| 31 Tue Oct 2023 | 73.07 | 79.06 | 81.67 | 71.00 | 0.529 times |
| 29 Fri Sep 2023 | 78.73 | 85.16 | 87.86 | 76.74 | 1.548 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 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) 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 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 BUY. 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 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 Omega Flex in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 69.87 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 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 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 Omega Flex ( (OFLX) ) 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 Omega Flex ( (OFLX) ) 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 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 BUY. 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 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 Omega Flex in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 69.87 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.