GRUPO AEROPORTUARIO CEN-ADR (OMAB) Stock Technical Analysis
USA - NASDAQ:OMAB - US4005011022 - ADR
Overall OMAB gets a technical rating of 7 out of 10. In the last year, OMAB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Besides having an excellent technical rating, OMAB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 101.11, a Stop Loss order could be placed below this zone.
More info and screens
95.57
We found 3 important support areas.
- A support zone ranging from 100.75 to 101.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 98.62 to 98.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.54 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 103.00 to 105.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @108.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 113.14 to 113.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OMAB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OMAB is neutral. |
| ChartMill Relative Strength | 89.33 | POSITIVE | OMAB has a high relative strength, it outperformed 89.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OMAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for OMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests OMAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.27 | NEUTRAL | The Stochastics value for OMAB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for OMAB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.54 | NEGATIVE | The low ADX value for OMAB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.82 | 100.74 | 5.08 (4.80%) | 20.83% |
| An entry @105.82. This is a Buy Stop order right above the resistance zone. | An exit @100.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.08 points, which is 4.80%. | For a 1.00% total portfolio risk, you can invest 20.83% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OMAB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
102.79
-1.35 (-1.3%)
GRUPO AEROPORTUARIO CEN-ADR / OMAB FAQ
Can you provide the ChartMill technical rating for GRUPO AEROPORTUARIO CEN-ADR?
ChartMill assigns a technical rating of 7 / 10 to OMAB.
Can you provide the trend direction for GRUPO AEROPORTUARIO CEN-ADR?
The current trend direction for GRUPO AEROPORTUARIO CEN-ADR (OMAB) is Bullish.
Can you provide the RSI signal for GRUPO AEROPORTUARIO CEN-ADR?
GRUPO AEROPORTUARIO CEN-ADR (OMAB) has an RSI value of 47.7566. This indicates that the stock is currently neutral.
What is the short term momentum for OMAB stock?
The short term momentum for GRUPO AEROPORTUARIO CEN-ADR (OMAB) is neutral.
What are the support and resistance levels for GRUPO AEROPORTUARIO CEN-ADR (OMAB) stock?
GRUPO AEROPORTUARIO CEN-ADR (OMAB) has a support level at 101.11 and a resistance level at 103. Check the full technical report for our detailed analysis of OMAB support and resistance levels.