OMNICOM GROUP (OMC) Stock Technical Analysis
NYSE:OMC - New York Stock Exchange, Inc. - US6819191064 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OMC. OMC 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OMC is a bad performer in the overall market: 78% of all stocks are doing better.
OMC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OMC is lagging the market.
In the last month OMC has a been trading in the 73.08 - 79.08 range, which is quite wide. It is currently trading near the lows of this range.
OMC has an average volume of 3297200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMC is part of the Media industry. There are 96 other stocks in this industry, OMC did better than 46% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of OMC 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.
More info and screens
69.67
84.71
When analyzing the support we can see 2 important areas.
- Support @72.59 from a horizontal line in the weekly time frame.
- Support @70.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @73.74 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 75.84 to 77.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.53 from a trend line in the daily time frame.
- Resistance @83.87 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.45
Mansfield-2.02
10 Day High79.08
10 Day Low73.5
20 Day High79.08
20 Day Low73.08
52 Week High107
52 Week Low69.13
Performance
1 Week-3.28%
2 Weeks-3.1%
1 Month0.38%
3 Month-10.66%
6 Month-28.18%
12 Month-22.69%
2 Year-16.62%
3 Year-1.45%
5 Year34.2%
10 Year-1.34%
15 Year93.75%
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)-0.05
RSI(14)40.15
LBB74.44
UBB78.32
73.53
-2.56 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.36%
1 Week-3.28%
2 Weeks-3.1%
1 Month0.38%
3 Month-10.66%
6 Month-28.18%
12 Month-22.69%
2 Year-16.62%
3 Year-1.45%
5 Year34.2%
10 Year-1.34%
15 Year93.75%
Volatility
ATR(14)1.65
ATR(20)%2.39%
ATR Inc25.28%
Range Today2.06
ADR(20)1.57
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.45
Mansfield-2.02
10 Day High79.08
10 Day Low73.5
20 Day High79.08
20 Day Low73.08
52 Week High107
52 Week Low69.13
CS1 End72.59
CR1 Start73.74
Volume & EV
DER(3)0.85%
DER(5)2.02%
Volume2.35M
Volume Incr-27.87%
Vol(5)1.96M
Vol(50)3.30M