Overall OABI gets a technical rating of 4 out of 10. In the past year, OABI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
OABI has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.38
When analyzing the support we notice one important area.
- A support zone ranging from 1.39 to 1.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @1.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.11 to 2.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OABI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OABI is up. |
| ChartMill Relative Strength | 17.54 | NEGATIVE | OABI has a low relative strength, it was outperformed by 82.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OABI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OABI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OABI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.26 | NEUTRAL | The RSI value for OABI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests OABI has a positive trend. |
| Stochastics (14,3) | 92.28 | OVERBOUGHT | The high Stochastics value suggests OABI may be overbought. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for OABI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.35 | NEGATIVE | The low ADX value for OABI suggests a weak or negative trend. |
1.86
0 (0%)
OMNIAB INC / OABI FAQ
What is the ChartMill technical rating of OMNIAB INC (OABI) stock?
ChartMill assigns a technical rating of 4 / 10 to OABI.
What is the trend direction for OABI stock?
The current trend direction for OMNIAB INC (OABI) is Bearish.
What is the RSI signal for OMNIAB INC (OABI) stock?
OMNIAB INC (OABI) has an RSI value of 66.2566. This indicates that the stock is currently neutral.
What is the short term momentum for OMNIAB INC (OABI) stock?
The short term momentum for OMNIAB INC (OABI) is positive.
Can you provide the buy/sell signal for OMNIAB INC?
The buy/sell signal for OMNIAB INC (OABI) is hold as the short term and long term trends are mixed.