OUTSET MEDICAL INC (OM) Technical Analysis
NASDAQ:OM • US6901452069
Current stock price
OM Technical Rating and Analysis
Overall OM gets a technical rating of 0 out of 10. OM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OM is a bad performer in the overall market: 92% of all stocks are doing better.
- OM is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, of which 68% are performing better than OM.
- OM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OM is lagging the market.
- In the last month OM has a been trading in the 3.00 - 3.69 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.
OM Weekly and Daily overview Charts
OM Setup Rating and Analysis
Although the technical rating is bad, OM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
OM Support and Resistance Analysis
3.34
We found 1 important resistance area.
- Resistance @3.62 from a horizontal line in the daily time frame.
OM 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 OM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OM is down. |
| ChartMill Relative Strength | 8.59 | NEGATIVE | OM has a low relative strength, it was outperformed by 91.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.76 | NEUTRAL | The RSI value for OM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OM has a positive trend. |
| Stochastics (14,3) | 64.25 | NEUTRAL | The Stochastics value for OM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for OM suggests high volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for OM suggests a weak or negative trend. |
OM Chart- and CandleStick Pattern Analysis
OM Technicals: Chart, Performance Metrics, Trend & Indicators
3.37
+0.02 (+0.6%)
OUTSET MEDICAL INC / OM TA FAQ
What is the technical rating for OM stock?
ChartMill assigns a technical rating of 0 / 10 to OM.
Can you provide the trend direction for OUTSET MEDICAL INC?
The current trend direction for OUTSET MEDICAL INC (OM) is Bearish.
What is the RSI signal for OUTSET MEDICAL INC (OM) stock?
OUTSET MEDICAL INC (OM) has an RSI value of 43.7628. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OUTSET MEDICAL INC?
The short term momentum for OUTSET MEDICAL INC (OM) is negative.
Can you provide the support and resistance levels for OUTSET MEDICAL INC?
OUTSET MEDICAL INC (OM) has a resistance level at 3.62. Check the full technical report for our detailed analysis of OM support and resistance levels.