Overall OM gets a technical rating of 0 out of 10. 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.
OM has a poor technical rating and the quality of the setup is also not perfect 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.
3.66
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 | 1.36 | NEGATIVE | OM has a low relative strength, it was outperformed by 98.64% 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) | 23.99 | OVERSOLD | The low RSI value suggests OM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests OM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 5.94 | OVERSOLD | The low Stochastics value suggests OM may be oversold. |
| Average True Range in percent/ATR (20) | 8.52 | HIGH VOLATILITY | The high ATR as a percentage value for OM suggests high volalility. |
| Average Directional Index/ADX (14) | 45.1 | POSITIVE | The high ADX value value for OM suggests a strong trend. |
3.7
+0.09 (+2.49%)
ChartMill assigns a technical rating of 0 / 10 to OM.
The current trend direction for OUTSET MEDICAL INC (OM) is Bearish.
OUTSET MEDICAL INC (OM) has an RSI value of 23.9917. This indicates that the stock is currently oversold.
The short term momentum for OUTSET MEDICAL INC (OM) is negative.
The buy/sell signal for OUTSET MEDICAL INC (OM) is sell as both the short term and long term trends are negative.