OMNICOM GROUP (OMC) Stock Technical Analysis
NYSE:OMC - US6819191064 - Common Stock
79.68 USD
+2.2 (+2.84%)
79.68 USD
0 (0%)
Taking everything into account, OMC scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. OMC was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than OMC.
OMC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OMC has a been trading in the 70.61 - 80.04 range, which is quite wide. It is currently trading near the high of this range.
OMC has an average volume of 4558440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMC is an average performer in the Media industry, it outperforms 53% of 99 stocks in the same industry.
OMC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
68.53
80.49
When analyzing the support we notice one important area.
- A support zone ranging from 69.22 to 70.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 79.69 to 79.69. 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 | NEUTRAL | NEUTRAL | The long term trend for OMC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMC is up. |
| ChartMill Relative Strength | 20.3 | NEGATIVE | OMC has a low relative strength, it was outperformed by 79.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.95 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests OMC has a positive trend. |
| Stochastics (14,3) | 92.59 | OVERBOUGHT | The high Stochastics value suggests OMC may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.76 | NEUTRAL | The ADX value for OMC suggests a possible start of a new trend. |
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)
79.68
+2.2 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.84%
1 Week4.42%
2 Weeks9.24%
1 Month4.18%
3 Month8.96%
6 Month-3.18%
12 Month-19.07%
2 Year-1.64%
3 Year19.1%
5 Year47.31%
10 Year18.96%
15 Year127.59%
Volatility
ATR(14)1.65
ATR(20)%2.08%
ATR Inc3%
Range Today2.33
ADR(20)1.58
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.3
Mansfield-1.5
10 Day High80.04
10 Day Low72.13
20 Day High80.04
20 Day Low70.61
52 Week High107
52 Week Low68.37
CS1 End70.37
CR1 Start79.69
Volume & EV
DER(3)-0.9%
DER(5)0.49%
Volume4.74M
Volume Incr-15.83%
Vol(5)3.08M
Vol(50)4.56M