OMNIAB INC (OABI) Technical Analysis
NASDAQ:OABI • US68218J1034
Current stock price
OABI Technical Rating and Analysis
Overall OABI gets a technical rating of 0 out of 10. OABI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than OABI.
- OABI is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, of which 64% are performing better than OABI.
- OABI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OABI has a been trading in the 1.43 - 1.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OABI Weekly and Daily overview Charts
OABI Setup Rating and Analysis
OABI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.57. Right above this resistance zone may be a good entry point.
More info and screens
OABI Support and Resistance Analysis
1.43
We can see 6 important resistance areas.
- A resistance zone ranging from 1.57 to 1.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.72 from a trend line in the weekly time frame.
- Resistance @1.90 from a trend line in the daily time frame.
- Resistance @2.10 from a horizontal line in the weekly time frame.
- Resistance @2.15 from a horizontal line in the daily time frame.
OABI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for OABI is down. |
| ChartMill Relative Strength | 14.11 | NEGATIVE | OABI has a low relative strength, it was outperformed by 85.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OABI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OABI is below a declining 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) | 39.04 | NEUTRAL | The RSI value for OABI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OABI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.76 | NEUTRAL | The Stochastics value for OABI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for OABI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.78 | NEUTRAL | The ADX value for OABI suggests a possible start of a new trend. |
OABI Chart- and CandleStick Pattern Analysis
OABI Technicals: Chart, Performance Metrics, Trend & Indicators
1.44
-0.02 (-1.37%)
OMNIAB INC / OABI TA FAQ
What is the ChartMill technical rating of OMNIAB INC (OABI) stock?
ChartMill assigns a technical rating of 0 / 10 to OABI.
What is the current trend direction of OMNIAB INC (OABI) stock?
The current trend direction for OMNIAB INC (OABI) is Bearish.
Can you provide the RSI signal for OMNIAB INC?
OMNIAB INC (OABI) has an RSI value of 39.0362. This indicates that the stock is currently neutral.
What is the buy/sell signal for OMNIAB INC (OABI) stock?
The buy/sell signal for OMNIAB INC (OABI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for OABI stock?
OMNIAB INC (OABI) has a resistance level at 1.57. Check the full technical report for our detailed analysis of OABI support and resistance levels.