OLEMA PHARMACEUTICALS INC (OLMA) Stock Technical Analysis
NASDAQ:OLMA - Nasdaq - US68062P1066 - Common Stock - Currency: USD
Taking everything into account, OLMA scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. OLMA was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OLMA is a bad performer in the overall market: 85% of all stocks are doing better.
OLMA is currently trading in the lower part 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.
OLMA is an average performer in the Biotechnology industry, it outperforms 56% of 561 stocks in the same industry.
In the last month OLMA has a been trading in the 4.06 - 5.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, OLMA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.67, a Stop Loss order could be placed below this zone.
More info and screens
4.45
5.48
2 important support areas can be observed.
- A support zone ranging from 4.59 to 4.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.49 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.81 to 4.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.43 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
CRS15.05
Mansfield-4.76
10 Day High5.66
10 Day Low4.06
20 Day High5.74
20 Day Low4.06
52 Week High16.62
52 Week Low2.86
Performance
1 Week0.84%
2 Weeks-13.67%
1 Month1.05%
3 Month-3.81%
6 Month-45.33%
12 Month-47.02%
2 Year-7.16%
3 Year67.83%
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)-0.05
RSI(14)53.45
LBB4.16
UBB5.59
4.8
+0.09 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.91%
1 Week0.84%
2 Weeks-13.67%
1 Month1.05%
3 Month-3.81%
6 Month-45.33%
12 Month-47.02%
2 Year-7.16%
3 Year67.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%8.5%
ATR Inc-38.45%
Range Today0.34
ADR(20)0.4
ADR(20)%8.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.05
Mansfield-4.76
10 Day High5.66
10 Day Low4.06
20 Day High5.74
20 Day Low4.06
52 Week High16.62
52 Week Low2.86
CS1 End4.67
CR1 Start4.81
Volume & EV
DER(3)1.5%
DER(5)2.25%
Volume505.60K
Volume Incr-33.41%
Vol(5)561.48K
Vol(50)956.96K