Omega Flex Inc (OFLX) Technical Analysis

$42.69▲4.15%

Market is closed - opens 8 PM, 23 Dec 2024

Insights

Omega Flex is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Omega Flex stock suggests that it is a good time to buy
Based on analysis of the Moving Averages technical indicator, Omega Flex stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Omega Flex stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	20.48	Buy
Stochastic	4.8, 3.69	Buy
Ultimate Oscillator	25.19	Buy
Stochastic Relative Strength Index	0.0, 0.0	Neutral
Moving Average Convergence Divergence	-2.04, -1.39	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	45.25	Sell
20	47.27	Sell
50	49.54	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	44.82	Sell
20	46.66	Sell
50	48.55	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	45.12	Sell
20	46.9	Sell
50	49.46	Sell

Double Exponential Moving Average

Period (Days)	Value	Action
10	42.55	Sell
20	44.15	Sell
50	47.16	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	41.83	Sell
20	42.66	Sell
50	45.98	Sell

Pivot

Pivot	Value
Resistance L3	46.33
Resistance L2	45.52
Resistance L1	43.99
Pivot Point	43.18
Support L1	41.65
Support L2	40.84
Support L3	39.31

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.