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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
OMNITEK ENGINEERING CORP (NASDAQ:OMTK)
Strong Downtrend (-100) - OMTK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMTK continues to fall. Traders should use caution and set stops.
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 Jan 7th, 2022 at 0.0750
The intermediate-term trend has been DOWN since Jul 26th, 2024 at 0.0126
The short-term trend has been DOWN since Jul 26th, 2024 at 0.0126
Smart Scan Analysis for OMTK
Based on our trend formula, OMTK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0134 | 0.0134 | 0.0110 | 0.0110 | -0.0032 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0142 | 7860 | 2024-07-26 13:06:27 |
| Year High | 0.47 | Year High Date | 2018-07-05 |
| Year Low | 0.057 | Year Low Date | 2018-05-11 |
| 52wk High | 0.0307 | 52wk High Date | 2023-07-27 |
| 52wk Low | 0.01 | 52wk Low Date | 2024-07-25 |
| Year End Close | 1.57 | Average Volume | 21,606 |
| Shares Outstanding | 21,948 | Assets | 858,282M |
| Liabilities | 2,108,467M | Beta | -1.37000000 |
| Volatility | 334.9 |