NASDAQ:OM - Nasdaq - US6901452069 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to OM. OM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
OM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.77, a Stop Loss order could be placed below this zone.
8.08
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for OM is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OM is neutral. |
ChartMill Relative Strength | 24.15 | NEGATIVE | OM has a low relative strength, it was outperformed by 75.85% 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) | UP | MIXED | The current price of OM is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.27 | NEUTRAL | The RSI value for OM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests OM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 34.99 | NEUTRAL | The Stochastics value for OM is a neutral value. |
Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for OM suggests high volalility. |
Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for OM suggests a weak or negative trend. |
18.53
+0.92 (+5.22%)