Omega Flex Inc. Shares Climb 2.2% Past Previous 52-Week High - Market Mover
Omega Flex Inc. shares closed 2.2% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 22.5% year-to-date, up 66.0% over the past 12 months, and up 581.9% over the past five years. This week, the Dow Jones Industrial Average fell 1.9%, and the SP 500 fell 1.7%. Trading Activity Trading volume this week was 88.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 9.7% higher than its 5-day moving average, 19.8% higher than its 20-day moving average, and 18.7% higher than its 90-day moving average.
Market Comparative Performance The company#39
Omega Flex Inc. Shares Climb 2.2% Past Previous 52-Week High - Market Mover
Omega Flex Inc. shares closed 2.2% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 22.5% year-to-date, up 66.0% over the past 12 months, and up 581.9% over the past five years. This week, the Dow Jones Industrial Average fell 1.9%, and the SP 500 fell 1.7%. Trading Activity Trading volume this week was 88.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 9.7% higher than its 5-day moving average, 19.8% higher than its 20-day moving average, and 18.7% higher than its 90-day moving average.
Market Comparative Performance The company#39