OMNICOM GROUP (OMC)
US6819191064 - Common Stock
We assign a technical rating of 7 out of 10 to OMC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OMC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
OMC is part of the Media industry. There are 96 other stocks in this industry. OMC outperforms 74% of them.
OMC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OMC is performing more or less in line with the market.
In the last month OMC has a been trading in the 89.75 - 97.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
OMC has an average volume of 1684400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OMC turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
OMC has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
79.62
99.21
4 important support areas can be observed.
- A support zone ranging from 91.10 to 92.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.10 from a horizontal line in the daily time frame.
- A support zone ranging from 84.59 to 84.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.42 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 93.42 to 95.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 96.76 to 98.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.35
Mansfield0.08
10 Day High97.25
10 Day Low89.75
20 Day High97.25
20 Day Low89.75
52 Week High99.23
52 Week Low72.2
Performance
1 Week2.26%
2 Weeks5.9%
1 Month-0.71%
3 Month6.59%
6 Month23.49%
12 Month6.84%
2 Year25.96%
3 Year16.57%
5 Year19.82%
10 Year41.68%
15 Year204.7%
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)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)60.04
LBB89.07
UBB97.42
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 |
|---|---|---|---|
| 94.01 | 91.09 | 2.92 (3.11%) | 25.00% |
| An entry @94.01. This is a Buy Stop order right above the 10 day moving average. | An exit @91.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.92 points, which is 3.11%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OMC. 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.
OMNICOM GROUP
NYSE:OMC (4/30/2024, 2:03:54 PM)
93.24
-2.65 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.76%
1 Week2.26%
2 Weeks5.9%
1 Month-0.71%
3 Month6.59%
6 Month23.49%
12 Month6.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.04
ATR(20)%2%
ATR Inc
Range Today2.83
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High97.25
10 Day Low89.75
20 Day High97.25
20 Day Low89.75
52 Week High99.23
52 Week Low72.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume717.88K
Volume Incr12.84%
Vol(5)1.82M
Vol(50)1.68M