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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Omega Flex, Inc. (NASDAQ:OFLX)
Sidelines Mode (-55) - OFLX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for OFLX
The long-term trend has been DOWN since Jul 5th, 2023 at 101.04
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 47.79
The short-term trend has been UP since Sep 6th, 2024 at 47.77
Smart Scan Analysis for OFLX
Based on our trend formula, OFLX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.75 | 48.04 | 45.30 | 46.81 | +0.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.58 | 20408 | 2024-09-06 15:57:27 |
| Year High | 95 | Year High Date | 2018-07-27 |
| Year Low | 51.02 | Year Low Date | 2018-11-27 |
| 52wk High | 87.86 | 52wk High Date | 2023-09-22 |
| 52wk Low | 43.86 | 52wk Low Date | 2024-08-09 |
| Year End Close | 12.36 | Average Volume | 28,215 |
| Shares Outstanding | 10,094 | Short Interest | 51,273 |
| % Institutional | 19.6 | Market Cap | 975M |
| Assets | 99,623,000M | Liabilities | 18,982,000M |
| P/E Ratio | 24.0367 | Beta | -0.02000000 |
| Volatility | 21.56 |