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35.2% Return Seen to Date on SmarTrend Omega Flex Inc Call (OFLX)

By Nick Russo

SmarTrend identified an Uptrend for Omega Flex Inc (NASDAQ:OFLX) on February 16th, 2018 at $61.46. In approximately 5 months, Omega Flex Inc has returned 35.21% as of today's recent price of $83.10.

Omega Flex Inc share prices have moved between a 52-week high of $85.96 and a 52-week low of $53.50 and are now trading 55% above that low price at $83.10 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 0.4%.

Omega Flex, Inc. manufactures flexible metal hose. The Company's product is used in a variety of applications to carry gases within residential and commercial buildings, vibration absorbers in high vibration applications, and other types of gases and fluids in a number of industrial applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Omega Flex Inc shares.

Log in and add Omega Flex Inc (OFLX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights omega flex inc

Ticker(s): OFLX