OFLX | NASDAQ Stock Exchange

Omega Flex Inc
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Omega Flex Inc: Buyers are in control at the market close.
Close Tod Vs Range Tod /
Omega Flex Inc: Buyers are in control at the market close.

OFLX: Close versus price range Current Signal ->(1) 24 Sep: BULLISH (2) 21 Sep: BULLISH (3) 20 Sep: BULLISH

[Downtrend]: Recent trading for OFLX indicates ST trend is likely to continue
Sine Weighted Moving Average /
[Downtrend]: Recent trading for OFLX indicates ST trend is likely to continue

[BEARISH]: Omega Flex Inc currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.7%.

Short White Candle /
OFLX Basic Candle: Short White

[BULLISH WEAK]: Omega Flex Inc has formed a Short White candlestick. This means, OFLX has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Weighted Moving Average /
[Bearish]: WMA(5) is serving as a resistance line for Omega Flex Inc

OFLX: WMA Current Signal -> (1) 24 Sep: BEARISH CROSSOVER (2) 21 Sep: BULLISH CROSSOVER (3) 20 Sep: BEARISH

Bill Williams Market Facilitation /
BWFI has signalled a Fake Day for Omega Flex Inc

OFLX: BWMF Current Signal -> (1) 24 Sep: Fake Day (2) 21 Sep: Squat Day (3) 20 Sep: Squat Day

Aroon Oscillator /
Omega Flex Inc has signalled an Aroon trend present [Strong Downtrend]

[BEARISH]: Omega Flex Inc has a current ARU(25) of 24 and a current ARD(25) of 92

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Average Directional Movement /
Omega Flex Inc: Average Directional Index (39.85) has confirmed a strong trend is present

[Trend]: ADX for OFLX has confirmed a strong trend is present. Omega Flex Inc has an ATR(14) of 3.209, a DX of 46.58 & an ADX(14) of 39.85

Chaikin Money Flow /
CMF showing buying pressure & potential change in direction for OFLX

Omega Flex Inc (NASDAQ:OFLX): Chaikin Oscillator Recent Trading -> (1) 24 Sep: 0.19 (2) 21 Sep: 0.16 (3) 20 Sep: 0.06

OFLX: Percentage Volume Oscillator [Bullish]
Percentage Volume /
OFLX: Percentage Volume Oscillator [Bullish]

OFLX: PVO Current Signal -> (1) 24 Sep: BULLISH (2) 21 Sep: BULLISH (3) 20 Sep: BULLISH

Open/close reversal: Sellers have lost control during the trading day for Omega Flex Inc
Open Tod Vs Close Tod /
Open/close reversal: Sellers have lost control during the trading day for Omega Flex Inc

[BULLISH]: Omega Flex Inc opened in the upper part of daily range at 75.7% & closed in the upper part of the trading range at 78.6%. This suggests the sellers have lost control. Over the last 12 months there has been 3 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 20%.

Percentage Price /
Omega Flex Inc: Price Percentage Oscillator (-5.034)

OFLX: PPO Current Signal -> (1) 24 Sep: BEARISH (2) 21 Sep: BEARISH (3) 20 Sep: BEARISH

Triangular Moving Average /
Triangular Moving Average(5) signal continues for Omega Flex Inc indicating downward price movement is likely

[BEARISH]: Omega Flex Inc currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.7%.

Accumulation / Distribution /
Market conditions are indicating accumulation is current for OFLX

[BULLISH]: Omega Flex Inc (NASDAQ:OFLX) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 200092.

Omega Flex Inc: Confirmation of stock accumulation
On Balance Volume /
Omega Flex Inc: Confirmation of stock accumulation

OFLX: OBV Current Signal ->(1) 24 Sep: BULLISH (2) 21 Sep: BULLISH (3) 20 Sep: BULLISH

Omega Flex Inc: Average True Range (3.209) has confirmed an downtrend is present
Average True Range /
Omega Flex Inc: Average True Range (3.209) has confirmed an downtrend is present

OFLX: Average True Range Recent Trading -> (1) 24 Sep: 3.209 (2) 21 Sep: 3.24 (3) 20 Sep: 3.052

Rate of Change /
Rate of change(14) is decreasing for Omega Flex Inc

[BEARISH]: Omega Flex Inc currently has negative rate of change of -17.97%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Fibonacci Extensions /
Omega Flex Inc has broken above the 161.8% extension level ($15.89) [Bearish]

Omega Flex Inc has moved above the 161.8% level ($15.89) [Bearish]. Look for a short limit order entry near this point. Exit price for OFLX should be set @$19.79 & short position stoploss for Omega Flex Inc should be set at $11.99

Elder Ray Index /
Selling pressure for OFLX highlights ability of sellers to drive the price downwards

[BEARISH]: Omega Flex Inc Elder Ray Index is signalling a Bearish movementERI is -5.595 indicating bear power. Prices are being driven below the consensus of value for OFLX during the last trading session [Selling Pressure]

The MACD continues to fall below the signal line for OFLX [Bearish]
MACD /
The MACD continues to fall below the signal line for OFLX [Bearish]

[BEARISH]: Omega Flex Inc currently has negative MACD of -0.6527. This means the signal line is less than the MACD line signalling a bearish movement.

Stoploss for Omega Flex Inc should be set between $71.3
Demarks Pivot Points /
Stoploss for Omega Flex Inc should be set between $71.3

Omega Flex Inc has broken the first DeMark resistance point ($72.1500) [Bullish]. Look for a long limit order entry near this point. Exit price for OFLX should be set @$74.1 & Stoploss for Omega Flex Inc should be set at $71.3

Omega Flex Inc is still oversold with the Relative Strength Index @25.9
Relative Strength Index /
Omega Flex Inc is still oversold with the Relative Strength Index @25.9

[BULLISH]: Omega Flex Inc is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @25.9

Bear Harami /
Omega Flex Inc: Bear Harami

[BEARISH]: Omega Flex Inc has formed a new Bear Harami reversal pattern.

Ulcer Index /
Drawdown for Omega Flex Inc is currently high signalling high stress

OFLX: UIX Current Signal -> (1) 24 Sep: High stress (2) 21 Sep: High stress (3) 20 Sep: High stress

Long Trend /
Omega Flex Inc: Uptrend for the long term trend is continued

[BULLISH]: Omega Flex Inc has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jul 20 2018.

Volume Rate of Change /
Volume rate of change(14) is increasing for Omega Flex Inc

[BULLISH]: Omega Flex Inc currently has positive volume of change of 209%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.7%.

Donchian Band Overbought signal is still current for Omega Flex Inc [Bearish]
Donchian Channels /
Donchian Band Overbought signal is still current for Omega Flex Inc [Bearish]

[BEARISH]: Omega Flex Inc is currently bearish highlighting the potential for a short term trend continuation in the downward direction.

Price & volume confirms continued selling pressure for Omega Flex Inc is likely
Elders Force Index /
Price & volume confirms continued selling pressure for Omega Flex Inc is likely

[BEARISH]: Omega Flex Inc current price has highlighted recent selling pressure. Currently, the Elders Force Index is -18929.

Ease of Movement /
Omega Flex Inc Ease of Movement is -39.398 [Easily Moved]

OFLX: EOM Current Signal -> (1) 24 Sep: BEARISH EASY (2) 21 Sep: BULLISH EASY (3) 20 Sep: BEARISH EASY

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