Stock Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
Omega Flex, Inc (NASDAQ:OFLX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UP since Dec 31st, 2018 at 55.1999
The short term trend has been UP since Jan 17th, 2019 at 59.4500
Smart Scan Analysis for OFLX
Based on a pre-defined weighted trend formula for chart analysis, OFLX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||95||Year High Date||2018-07-27|
|Year Low||51.02||Year Low Date||2018-11-27|
|52wk High||95||52wk High Date||2018-07-27|
|52wk Low||51.02||52wk Low Date||2018-11-27|
|Year End Close||12.36||Average Volume||15,911|
|Shares Outstanding||10,092||Short Interest||51,273|