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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Orthofix Medical Inc. (NASDAQ:OFIX)

Bull Market Weakness (+75) - OFIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OFIX as it may be in the beginning stages of a reversal.

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.

NASDAQ_OFIX
Open High Low OFIX Price Change
15.010 15.080 14.460 14.479 -0.621
Entry Signal

MarketClub’s Trade Triangles for OFIX

long term up The long-term trend has been UP since May 8th, 2024 at 14.7600

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 14.1300

short term down The short-term trend has been DOWN since May 17th, 2024 at 14.9875

Smart Scan Analysis for OFIX

Based on our trend formula, OFIX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for OFIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.010 15.080 14.460 14.479 -0.621
Prev. Close Volume Bid Ask Time
14.480 328854 2024-05-21 15:59:42
Year High63.57Year High Date2018-10-30
Year Low50.41Year Low Date2018-08-07
52wk High21.652wk High Date2023-08-31
52wk Low9.57552wk Low Date2023-11-13
Year End Close39.33Average Volume362,211
Shares Outstanding37,529Short Interest425,156
% Institutional98Market Cap990M
Assets906,050,000MLiabilities335,735,000M
P/E Ratio341.1538Beta0.82
Volatility31.73
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