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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Omega Flex, Inc. (NASDAQ:OFLX)

Strong Downtrend (-100) - OFLX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OFLX continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid OFLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for OFLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OFLX
Open High Low OFLX Price Change
67.50 67.82 66.23 66.53 -1.06
Entry Signal

MarketClub’s Trade Triangles for OFLX

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 101.040

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 68.110

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 69.905

Smart Scan Analysis for OFLX

Based on our trend formula, OFLX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for OFLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.50 67.82 66.23 66.53 -1.06
Prev. Close Volume Bid Ask Time
67.59 5396 2024-04-26 15:55:57
Year High95Year High Date2018-07-27
Year Low51.02Year Low Date2018-11-27
52wk High117.6352wk High Date2023-05-03
52wk Low63.4352wk Low Date2023-11-13
Year End Close12.36Average Volume8,562
Shares Outstanding10,094Short Interest51,273
% Institutional19.6Market Cap975M
Assets100,234,000MLiabilities21,545,000M
P/E Ratio32.8107Beta-0.02000000
Volatility21.56
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