Taking everything into account, OLMA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OLMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
OLMA has an excellent technical rating, but the quality of the setup is only medium 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.
25.73
When analyzing the resistance we notice 2 important areas.
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 | UP | POSITIVE | The long term trend for OLMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLMA is up. |
| ChartMill Relative Strength | 99.48 | POSITIVE | OLMA has a high relative strength, it outperformed 99.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OLMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.74 | OVERBOUGHT | The high RSI value suggests OLMA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests OLMA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.06 | OVERBOUGHT | The high Stochastics value suggests OLMA may be overbought. |
| Average True Range in percent/ATR (20) | 10.02 | HIGH VOLATILITY | The high ATR as a percentage value for OLMA suggests high volalility. |
| Average Directional Index/ADX (14) | 57.78 | POSITIVE | The high ADX value value for OLMA suggests a strong trend. |
NASDAQ:OLMA (12/9/2025, 12:17:38 PM)
25.99
-1.99 (-7.11%)
ChartMill assigns a technical rating of 10 / 10 to OLMA.
The current trend direction for OLEMA PHARMACEUTICALS INC (OLMA) is Bullish.
OLEMA PHARMACEUTICALS INC (OLMA) has an RSI value of 82.739. This indicates that the stock is currently overbought.
The buy/sell signal for OLEMA PHARMACEUTICALS INC (OLMA) is buy as both the short term and long term trends are positive.
OLEMA PHARMACEUTICALS INC (OLMA) has a support level at 27.27 and a resistance level at 28.32. Check the full technical report for our detailed analysis of OLMA support and resistance levels.