Taking everything into account, OM scores 0 out of 10 in our technical rating. OM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of OM is bad and it also does not present a 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
4.25
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 | 1.87 | NEGATIVE | OM has a low relative strength, it was outperformed by 98.13% 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) | 16.77 | OVERSOLD | The low RSI value suggests OM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests OM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.51 | OVERSOLD | The low Stochastics value suggests OM may be oversold. |
| Average True Range in percent/ATR (20) | 21.79 | HIGH VOLATILITY | The high ATR as a percentage value for OM suggests high volalility. |
| Average Directional Index/ADX (14) | 42.39 | POSITIVE | The high ADX value value for OM suggests a strong trend. |
4.29
-0.15 (-3.38%)
OUTSET MEDICAL INC / OM FAQ
What is the technical rating for OM stock?
ChartMill assigns a technical rating of 0 / 10 to OM.
What is the current trend direction of OUTSET MEDICAL INC (OM) stock?
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 16.7733. This indicates that the stock is currently oversold.
What is the short term momentum for OUTSET MEDICAL INC (OM) stock?
The short term momentum for OUTSET MEDICAL INC (OM) is negative.
What is the buy/sell signal for OUTSET MEDICAL INC (OM) stock?
The buy/sell signal for OUTSET MEDICAL INC (OM) is sell as both the short term and long term trends are negative.