OFLX Stock Omega Flex (OFLX, $69.65) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 29, 2024

A.I.dvisor
at Tickeron.com
03/01/24
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OFLX - Omega Flex
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $69.65
Daily change: -$0.94 (-1.33%)
Daily volume: 11.2K
Capitalization: $703.1M
Industry: Industrial Machinery
This is a Bearish indicator signaling OFLX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 49 similar cases where OFLX's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

a maker of flexible metal hose products

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
451 Creamery Way
Phone
+1 610 524-7272
Employees
168
Web
https://www.omegaflexcorp.com