Omega Flex Inc. Shares Close the Week 10.8% Higher - Weekly Wrap
Omega Flex Inc. shares closed the week 10.8% higher than it did at the end of last week. The stock is currently up 57.2% year-to-date, up 79.1% over the past 12 months, and up 377.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the SP 500 fell 1.0%. Trading Activity Shares traded as high as $173.01 and as low as $146.00 this week. Shares closed 8% below its 52-week high and 2e 2% above its 52-week low. Trading volume this week was 4.8% higher than the 10-day average and 16.4% lower than the 30-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 an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 4.4% higher than its 5-day moving average, 12.7% higher than its 20-day moving average, and 14.4% higher than its 90-day moving average.
Market Comparative Performance The company#39
Omega Flex Inc. Shares Close the Week 10.8% Higher - Weekly Wrap
Omega Flex Inc. shares closed the week 10.8% higher than it did at the end of last week. The stock is currently up 57.2% year-to-date, up 79.1% over the past 12 months, and up 377.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the SP 500 fell 1.0%. Trading Activity Shares traded as high as $173.01 and as low as $146.00 this week. Shares closed 8% below its 52-week high and 2e 2% above its 52-week low. Trading volume this week was 4.8% higher than the 10-day average and 16.4% lower than the 30-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 an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 4.4% higher than its 5-day moving average, 12.7% higher than its 20-day moving average, and 14.4% higher than its 90-day moving average.
Market Comparative Performance The company#39