NYSEARCA:OMAH - NYSE Arca - US45259A5149 - ETF - Currency: USD
Taking everything into account, OMAH scores 2 out of 10 in our technical rating. In the last year, OMAH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of OMAH 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.
18.17
We found 1 important support area.
2 important resistance areas can be observed.
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 OMAH is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMAH is down. |
ChartMill Relative Strength | 0 | NEGATIVE | OMAH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMAH is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of OMAH is below the rising SMA(50). |
Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for OMAH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests OMAH has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 32.26 | NEUTRAL | The Stochastics value for OMAH is a neutral value. |
Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for OMAH suggests low volalility. |
Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for OMAH suggests a possible start of a new trend. |
19.23
+0.2 (+1.05%)