OLEMA PHARMACEUTICALS INC (OLMA)
US68062P1066 - Common Stock
We assign a technical rating of 4 out of 10 to OLMA. Although OLMA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month OLMA has a been trading in the 9.35 - 11.73 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that OLMA is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, OLMA also shows a nice and consistent pattern of rising prices.
OLMA is part of the Biotechnology industry. There are 588 other stocks in this industry. OLMA outperforms 86% of them.
OLMA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OLMA is lagging the market slightly.
OLMA 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
9.61
16.37
We can see 5 important resistance areas.
- A resistance zone ranging from 9.86 to 9.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.44 to 10.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.56 to 11.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.80 from a trend line in the weekly time frame.
- Resistance @16.21 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.69
Mansfield-1.73
10 Day High11.73
10 Day Low9.35
20 Day High11.73
20 Day Low9.35
52 Week High17.79
52 Week Low4.6
Performance
1 Week-5.23%
2 Weeks-7.22%
1 Month-7.31%
3 Month-9.05%
6 Month-22.46%
12 Month111.9%
2 Year298.04%
3 Year-63.81%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)39.06
LBB9.51
UBB11.79
OLEMA PHARMACEUTICALS INC
NASDAQ:OLMA (4/25/2024, 1:59:29 PM)
9.71
-0.44 (-4.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.33%
1 Week-5.23%
2 Weeks-7.22%
1 Month-7.31%
3 Month-9.05%
6 Month-22.46%
12 Month111.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%6.45%
ATR Inc
Range Today0.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.73
10 Day Low9.35
20 Day High11.73
20 Day Low9.35
52 Week High17.79
52 Week Low4.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume819.89K
Volume Incr-1.7%
Vol(5)687.44K
Vol(50)836.46K