OMEGA FLEX INC (OFLX)

US6820951043 - Common Stock

66.5  -0.46 (-0.69%)

Technical Rating and Analysis

0

Overall OFLX gets a technical rating of 0 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than OFLX.
OFLX is one of the lesser performing stocks in the Machinery industry. 77% of 132 stocks in the same industry do better.
OFLX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: OFLX has an average volume of 8132 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month OFLX has a been trading in a tight range between 64.68 and 68.50.
Weekly and Daily overview Charts
OFLX Weekly chart
OFLX Daily chart
Setup Rating and Analysis

7

OFLX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

63.78

84.98

We found 1 important support area.

  • A support zone ranging from 64.42 to 64.93. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 6 important areas.

  • A resistance zone ranging from 66.72 to 68.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @70.07 from a trend line in the daily time frame.
  • A resistance zone ranging from 72.76 to 73.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @75.14 from a horizontal line in the daily time frame.
  • Resistance @81.74 from a trend line in the daily time frame.
  • Resistance @84.14 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.4
Mansfield-2.63
10 Day High68.5
10 Day Low64.68
20 Day High68.5
20 Day Low64.68
52 Week High114.5
52 Week Low63.43
Performance
1 Week0%
2 Weeks-0.18%
1 Month-0.12%
3 Month-7.31%
6 Month-5.37%
12 Month-35.43%
2 Year-39.42%
3 Year-54.46%
5 Year-21.61%
10 Year239.38%
15 Year382.42%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)45.33
LBB66.25
UBB67.55
OFLX Daily chart

OMEGA FLEX INC

NASDAQ:OFLX (5/16/2024, 11:02:07 AM)

66.5

-0.46 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.69%
1 Week0%
2 Weeks-0.18%
1 Month-0.12%
3 Month-7.31%
6 Month-5.37%
12 Month-35.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%1.76%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High68.5
10 Day Low64.68
20 Day High68.5
20 Day Low64.68
52 Week High114.5
52 Week Low63.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume698
Volume Incr-18.14%
Vol(5)7.04K
Vol(50)8.13K