USA Stock OFLX Historical charts - Omega Flex, Inc.

Historical charts for Stock OFLX - Share Omega Flex, Inc. trades in USA under Capital Goods Deals in Industrial Specialties

Moving Averages for

  • 5Day Average: 51.27
  • 12Day Average: 53.02
  • 20Day Average: 51.89
  • 50Day Average: 50.63
  • 100Day Average: 49.67
  • 150Day Average: 53.38

OFLX Indicators & signals

Indicator MACD (12,26,9)

51.81, 51.46, 0.82
Indicator MACD is in positive zone

Indicator ADX (14)

5.49, 24.86, 27.75
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OFLX are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Wed Nov 2024 49.37 48.72 to 50.02 -2.1% 0.63 times
19 Tue Nov 2024 50.43 49.84 to 51.46 -1.29% 0.75 times
18 Mon Nov 2024 51.09 51.05 to 52.85 -2.28% 0.82 times
15 Fri Nov 2024 52.28 51.97 to 53.50 -1.69% 0.74 times
14 Thu Nov 2024 53.18 52.16 to 53.30 -0.13% 0.72 times
13 Wed Nov 2024 53.25 53.25 to 54.80 -0.17% 0.71 times
12 Tue Nov 2024 53.34 53.04 to 53.97 -2.89% 0.86 times
11 Mon Nov 2024 54.93 54.19 to 55.80 1.25% 1.71 times
08 Fri Nov 2024 54.25 53.82 to 55.91 -1.79% 0.63 times
07 Thu Nov 2024 55.24 55.24 to 57.00 -2.28% 1.16 times
06 Wed Nov 2024 56.53 54.55 to 57.81 8.11% 1.91 times
05 Tue Nov 2024 52.29 50.59 to 52.51 1.83% 1.77 times

Technical analysis forecast for OFLX Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT OFLX OFLX at this time. Stock is falling and might fall more.

It appears as if OFLX OFLX gave a large move recently.

Stock of OFLX (OFLX) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of OFLX is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if OFLX stays below 49.5, but if it comes above 49.5, then a intra day buy could be more profitable.
If you take a sell trade below 49.5, then use 49.5 as stoploss and 47 as target. However if you take a buy trade in OFLX, then use 49.5 as stoploss and 51.68 as target.

Tomorrow's movement Prediction of OFLX is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 50.21

Munafa value: 40

 Munafa value: 40

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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USA Stock OFLX Historical charts - Share Omega Flex, Inc.

 

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