OMEGA FLEX INC (OFLX) Technical Analysis
NASDAQ:OFLX • US6820951043
Taking everything into account, OFLX scores 3 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, OFLX is a bad performer in the overall market: 75% of all stocks are doing better.
- OFLX is one of the lesser performing stocks in the Machinery industry. 67% of 130 stocks in the same industry do better.
- In the last month OFLX has a been trading in the 29.70 - 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 and short term trends are both neutral. This gives a pretty neutral overall picture!
- OFLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OFLX is lagging the market.
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
30.40
When analyzing the resistance we notice one important area.
- Resistance @37.32 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for OFLX is neutral. |
| ChartMill Relative Strength | 25.74 | NEGATIVE | OFLX has a low relative strength, it was outperformed by 74.26% 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) | 31.81 | NEUTRAL | The RSI value for OFLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests OFLX has a negative trend. |
| Stochastics (14,3) | 49.51 | NEUTRAL | The Stochastics value for OFLX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for OFLX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for OFLX suggests a possible start of a new trend. |
OFLX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:OFLX (3/5/2026, 8:13:33 PM)
30.71
-6.22 (-16.84%)
OMEGA FLEX INC / OFLX FAQ
What is the technical rating for OFLX stock?
ChartMill assigns a technical rating of 3 / 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 31.8081. This indicates that the stock is currently neutral.
What is the short term momentum for OMEGA FLEX INC (OFLX) stock?
The short term momentum for OMEGA FLEX INC (OFLX) is neutral.
What is the support and resistance level for OFLX stock?
OMEGA FLEX INC (OFLX) has a resistance level at 37.32. Check the full technical report for our detailed analysis of OFLX support and resistance levels.