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Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

OMNITEK ENGINEERING CORP (NASDAQ:OMTK)

Crossroads (-60) - OMTK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_OMTK
Open High Low OMTK Price Change
0.0189 0.0189 0.0189 0.0189 +0.0039
Entry Signal

MarketClub’s Trade Triangles for OMTK

long term down The long-term trend has been DOWN since Jun 2nd, 2021 at 0.1134

intermediate term up The intermediate-term trend has been UP since May 21st, 2024 at 0.0161

short term up The short-term trend has been UP since May 21st, 2024 at 0.0161

Smart Scan Analysis for OMTK

Based on our trend formula, OMTK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMTK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0189 0.0189 0.0189 0.0189 +0.0039
Prev. Close Volume Bid Ask Time
0.0150 10000 2024-05-22 10:11:42
Year High0.47Year High Date2018-07-05
Year Low0.057Year Low Date2018-05-11
52wk High0.03752wk High Date2023-07-12
52wk Low0.0152wk Low Date2023-10-09
Year End Close1.57Average Volume33,731
Shares Outstanding21,948Assets847,161M
Liabilities2,032,851MBeta-1.37000000
Volatility334.9
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