Omega Flex (OFLX, $42.6) RSI Indicator left the oversold zone on December 24, 2024

#IndustrialMachinery, #TechnicalAnalysis, #RSI, #Bullish, #Stocks, #SmallCap, #Russel2000
OFLX - Omega Flex
RSI signal
Bullish Trend
72%
Odds of UP Trend
Price: $42.6
Daily change: +$0.53 (+1.26%)
Daily volume: 9.6K
Capitalization: $430M
Industry: Industrial Machinery

This is a signal that OFLX's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 32 similar cases where OFLX's RSI Indicator left the oversold zone, and in 23 of them led to a successful outcome. Odds of Success: 72%.