OLEMA PHARMACEUTICALS INC (OLMA) Stock Technical Analysis
NASDAQ:OLMA - US68062P1066 - Common Stock
5.75 USD
+0.21 (+3.79%)
Taking everything into account, OLMA scores 6 out of 10 in our technical rating. In the last year, OLMA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
90% of all other stocks performed better in the past year than OLMA.
OLMA is part of the Biotechnology industry. There are 549 other stocks in this industry, of which 62% are performing better than OLMA.
OLMA 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OLMA has a been trading in the 4.47 - 5.78 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
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
4.66
5.81
2 important support areas can be observed.
- A support zone ranging from 5.53 to 5.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.71 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for OLMA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLMA is up. |
| ChartMill Relative Strength | 10.13 | NEGATIVE | OLMA has a low relative strength, it was outperformed by 89.87% 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) | DOWN | MIXED | The current price of OLMA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.28 | NEUTRAL | The RSI value for OLMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests OLMA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.59 | NEUTRAL | The Stochastics value for OLMA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for OLMA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.96 | POSITIVE | The high ADX value value for OLMA suggests a strong trend. |
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)
NASDAQ:OLMA (8/22/2025, 3:23:37 PM)
5.75
+0.21 (+3.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.79%
1 Week5.32%
2 Weeks17.37%
1 Month21.23%
3 Month9.92%
6 Month11.02%
12 Month-53.64%
2 Year-45.42%
3 Year40.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%6.26%
ATR Inc-25.04%
Range Today0.41
ADR(20)0.33
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.13
Mansfield-2.54
10 Day High5.78
10 Day Low4.47
20 Day High5.78
20 Day Low4.47
52 Week High13.93
52 Week Low2.86
CS1 End4.75
CR1 Start5.55
Volume & EV
DER(3)-0.22%
DER(5)1.78%
Volume290.33K
Volume Incr-26.79%
Vol(5)388.62K
Vol(50)628.18K