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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 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.

NASDAQ_OMTK
Open High Low OMTK Price Change
0.0152 0.0152 0.0152 0.0152 -0.0037
Entry Signal

MarketClub’s Trade Triangles for OMTK

long term down The long-term trend has been DOWN since Apr 9th, 2021 at 0.1010

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.0153

short term down The short-term trend has been DOWN since Feb 23rd, 2024 at 0.0190

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).

-100
Smart Scan Analysis for OMTK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0152 0.0152 0.0152 0.0152 -0.0037
Prev. Close Volume Bid Ask Time
0.0152 7000 2024-03-27 14:05:46
Year High0.47Year High Date2018-07-05
Year Low0.057Year Low Date2018-05-11
52wk High0.044552wk High Date2023-04-20
52wk Low0.0152wk Low Date2023-10-09
Year End Close1.57Average Volume15,185
Shares Outstanding21,948Assets912,535M
Liabilities2,056,911MBeta-1.37000000
Volatility334.9
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