OMEGA FLEX INC (OFLX) Technical Analysis
NASDAQ:OFLX • US6820951043
Overall OFLX gets a technical rating of 2 out of 10. OFLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 84% of all other stocks performed better in the past year than OFLX.
- OFLX is one of the lesser performing stocks in the Machinery industry. 79% of 131 stocks in the same industry do better.
- OFLX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OFLX is lagging the market.
- In the last month OFLX has a been trading in the 27.03 - 37.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of OFLX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.08
We found 1 important resistance area.
- A resistance zone ranging from 36.80 to 37.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OFLX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OFLX is down. |
| ChartMill Relative Strength | 16.34 | NEGATIVE | OFLX has a low relative strength, it was outperformed by 83.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OFLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OFLX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OFLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.69 | OVERSOLD | The low RSI value suggests OFLX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.02 | NEGATIVE | The MACD value suggests OFLX has a negative trend. |
| Stochastics (14,3) | 14.4 | OVERSOLD | The low Stochastics value suggests OFLX may be oversold. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for OFLX suggests high volalility. |
| Average Directional Index/ADX (14) | 26 | POSITIVE | The high ADX value value for OFLX suggests a strong trend. |
OFLX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:OFLX (3/9/2026, 8:00:02 PM)
29.37
-0.54 (-1.81%)
OMEGA FLEX INC / OFLX FAQ
What is the technical rating for OFLX stock?
ChartMill assigns a technical rating of 2 / 10 to OFLX.
Can you provide the trend direction for OMEGA FLEX INC?
The current trend direction for OMEGA FLEX INC (OFLX) is Bearish.
What is the RSI signal for OFLX stock?
OMEGA FLEX INC (OFLX) has an RSI value of 28.6857. This indicates that the stock is currently oversold.
What is the short term momentum for OMEGA FLEX INC (OFLX) stock?
The short term momentum for OMEGA FLEX INC (OFLX) is negative.
What is the support and resistance level for OFLX stock?
OMEGA FLEX INC (OFLX) has a resistance level at 36.8. Check the full technical report for our detailed analysis of OFLX support and resistance levels.