OUTSET MEDICAL INC (OM) Technical Analysis
NASDAQ:OM • US6901452069
Current stock price
3.36 USD
-0.01 (-0.3%)
At close:
3.36 USD
0 (0%)
After Hours:
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 one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 68% of 189 stocks in the same industry do better.
- 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.
More info and screens
OM Support and Resistance Analysis
3.33
3.68
We can see 2 important resistance areas.
- A resistance zone ranging from 3.37 to 3.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.62 to 3.64. This zone is formed by a combination of multiple trend lines 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 | 8.8 | NEGATIVE | OM has a low relative strength, it was outperformed by 91.2% 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) | 43.53 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 52.17 | NEUTRAL | The Stochastics value for OM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for OM suggests high volalility. |
| Average Directional Index/ADX (14) | 14.27 | NEGATIVE | The low ADX value for OM suggests a weak or negative trend. |
OM Chart- and CandleStick Pattern Analysis
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)
OM Technicals: Chart, Performance Metrics, Trend & Indicators
3.36
-0.01 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.3%
1 Week3.23%
2 Weeks5.66%
1 Month-4.82%
3 Month-9.19%
6 Month-76.3%
12 Month-66.57%
2 Year-89.91%
3 Year-98.78%
5 Year-99.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.23%
ATR Inc-29.49%
Range Today0.21
ADR(20)0.23
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.8
3 months CRS31.67
6 months CRS3.31
Mansfield-7.1
10 Day High3.66
10 Day Low3
20 Day High3.69
20 Day Low3
52 Week High21.98
52 Week Low3
CS1 EndN/A
CR1 Start3.37
Volume & EV
DER(3)-4.27%
DER(5)-1.48%
Volume193.50K
Volume Incr-41.16%
Vol(5)165.96K
Vol(50)859.00K
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 43.5313. 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 3.37. Check the full technical report for our detailed analysis of OM support and resistance levels.