OMEGA FLEX INC (OFLX) Stock Technical Analysis
NASDAQ:OFLX - Nasdaq - US6820951043 - Common Stock - Currency: USD
Taking everything into account, OFLX scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. OFLX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, OFLX is a bad performer in the overall market: 85% of all stocks are doing better.
OFLX is part of the Machinery industry. There are 128 other stocks in this industry, of which 77% are performing better than OFLX.
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.
Warning: OFLX has an average volume of 25484 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 the 28.12 - 36.48 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of OFLX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.59
42.39
When analyzing the support we notice one important area.
- A support zone ranging from 33.93 to 34.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 34.97 to 34.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.09 from a trend line in the weekly time frame.
- A resistance zone ranging from 39.55 to 39.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.97 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.12
Mansfield-2.61
10 Day High36.48
10 Day Low29.72
20 Day High36.48
20 Day Low28.12
52 Week High67.56
52 Week Low28.12
Performance
1 Week13.4%
2 Weeks11.91%
1 Month19.73%
3 Month-7.81%
6 Month-33.13%
12 Month-47.1%
2 Year-66.44%
3 Year-68.37%
5 Year-65.83%
10 Year8%
15 Year165.25%
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)0.74
RSI(14)64.16
LBB27.89
UBB35.71
NASDAQ:OFLX (5/16/2025, 8:11:43 PM)
34.96
+0.31 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.89%
1 Week13.4%
2 Weeks11.91%
1 Month19.73%
3 Month-7.81%
6 Month-33.13%
12 Month-47.1%
2 Year-66.44%
3 Year-68.37%
5 Year-65.83%
10 Year8%
15 Year165.25%
Volatility
ATR(14)1.41
ATR(20)%4.02%
ATR Inc15.53%
Range Today0.81
ADR(20)1.36
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.12
Mansfield-2.61
10 Day High36.48
10 Day Low29.72
20 Day High36.48
20 Day Low28.12
52 Week High67.56
52 Week Low28.12
CS1 End34.64
CR1 Start34.97
Volume & EV
DER(3)3.75%
DER(5)4.5%
Volume12.10K
Volume Incr2.89%
Vol(5)21.56K
Vol(50)25.48K