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Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Orthofix Medical Inc. (NASDAQ:OFIX)
Long-Term Downtrend (-90) - OFIX is in a strong downtrend that is likely to continue. While OFIX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OFIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for OFIX.
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 OFIX
The long-term trend has been DOWN since Oct 13th, 2021 at 36.35
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 40.01
The short-term trend has been DOWN since Oct 18th, 2021 at 35.85
Smart Scan Analysis for OFIX
Based on our trend formula, OFIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.410 | 36.685 | 36.225 | 36.605 | +0.435 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.170 | 5123 | 2021-10-19 11:03:45 |
| Year High | 63.57 | Year High Date | 2018-10-30 |
| Year Low | 50.41 | Year Low Date | 2018-08-07 |
| 52wk High | 48.5 | 52wk High Date | 2021-02-24 |
| 52wk Low | 30.585 | 52wk Low Date | 2020-10-30 |
| Year End Close | 39.33 | Average Volume | 60,441 |
| Shares Outstanding | 19,695 | Short Interest | 425,156 |
| % Institutional | 98 | Market Cap | 990M |
| Assets | 502,010,000M | Liabilities | 139,726,000M |
| P/E Ratio | 341.1538 | Beta | 0.82 |
| Volatility | 31.73 |