Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
OMEGA FLEX (NASDAQ:OFLX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for OFLX
The long term trend has been DOWN since Oct 5th, 2018 at 68.5246
The intermediate term trend has been DOWN since Aug 13th, 2018 at 87.3100
The short term trend has been UP since Oct 19th, 2018 at 66.2400
Smart Scan Analysis for OFLX
Based on a pre-defined weighted trend formula for chart analysis, OFLX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||95||Year High Date||2018-07-27|
|Year Low||53.5||Year Low Date||2018-02-09|
|52wk High||95||52wk High Date||2018-07-27|
|52wk Low||53.5||52wk Low Date||2018-02-09|
|Year End Close||12.36||Average Volume||21,158|
|Shares Outstanding||10,092||Short Interest||51,273|