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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Orthofix Medical Inc. (NASDAQ:OFIX)
Sidelines Mode (-55) - OFIX 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 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 UP since Jan 9th, 2024 at 14.385
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 13.235
The short-term trend has been UP since Apr 23rd, 2024 at 13.320
Smart Scan Analysis for OFIX
Based on our trend formula, OFIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.13 | 13.84 | 13.13 | 13.58 | +0.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.56 | 214566 | 2024-04-24 15:59:56 |
| Year High | 63.57 | Year High Date | 2018-10-30 |
| Year Low | 50.41 | Year Low Date | 2018-08-07 |
| 52wk High | 21.6 | 52wk High Date | 2023-08-31 |
| 52wk Low | 9.575 | 52wk Low Date | 2023-11-13 |
| Year End Close | 39.33 | Average Volume | 250,020 |
| Shares Outstanding | 37,407 | Short Interest | 425,156 |
| % Institutional | 98 | Market Cap | 990M |
| Assets | 925,315,000M | Liabilities | 326,585,000M |
| P/E Ratio | 341.1538 | Beta | 0.82 |
| Volatility | 31.73 |