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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
OMNITEK ENGINEERING CORP (NASDAQ:OMTK)
Bear Market Rally (-75) - OMTK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMTK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OMTK?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMTK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMTK
The long-term trend has been DOWN since Jul 19th, 2021 at 0.09100
The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.01530
The short-term trend has been UP since Apr 18th, 2024 at 0.01668
Smart Scan Analysis for OMTK
Based on our trend formula, OMTK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0160 | 0.0160 | 0.0160 | 0.0160 | +0.0008 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0160 | 200 | 2024-04-22 12:06:08 |
| Year High | 0.47 | Year High Date | 2018-07-05 |
| Year Low | 0.057 | Year Low Date | 2018-05-11 |
| 52wk High | 0.037 | 52wk High Date | 2023-07-12 |
| 52wk Low | 0.01 | 52wk Low Date | 2023-10-09 |
| Year End Close | 1.57 | Average Volume | 9,318 |
| Shares Outstanding | 21,948 | Assets | 847,161M |
| Liabilities | 2,032,851M | Beta | -1.37000000 |
| Volatility | 334.9 |