OMNICOM GROUP (OMC) Technical Analysis
NYSE:OMC • US6819191064
Current stock price
OMC Technical Rating and Analysis
Overall OMC gets a technical rating of 2 out of 10. 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.
- When comparing the yearly performance of all stocks, OMC is a bad performer in the overall market: 69% of all stocks are doing better.
- OMC is one of the better performing stocks in the Media industry, it outperforms 71% of 92 stocks in the same industry.
- OMC has an average volume of 5040870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- OMC is currently trading in the middle 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 slightly.
- In the last month OMC has a been trading in the 67.46 - 87.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OMC Weekly and Daily overview Charts
OMC Setup Rating and Analysis
OMC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
OMC Support and Resistance Analysis
66.60
We found 2 important support areas.
- A support zone ranging from 69.00 to 69.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @67.27 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.39 to 86.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
OMC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for OMC is neutral. |
| ChartMill Relative Strength | 31.35 | NEUTRAL | OMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OMC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OMC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.7 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests OMC has a negative trend. |
| Stochastics (14,3) | 12.65 | OVERSOLD | The low Stochastics value suggests OMC may be oversold. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for OMC suggests a weak or negative trend. |
OMC Chart- and CandleStick Pattern Analysis
OMC Technicals: Chart, Performance Metrics, Trend & Indicators
78.39
-0.33 (-0.42%)
OMNICOM GROUP / OMC TA FAQ
What is the ChartMill technical rating of OMNICOM GROUP (OMC) stock?
ChartMill assigns a technical rating of 2 / 10 to OMC.
What is the current trend direction of OMNICOM GROUP (OMC) stock?
The current trend direction for OMNICOM GROUP (OMC) is Bearish.
Can you provide the RSI signal for OMNICOM GROUP?
OMNICOM GROUP (OMC) has an RSI value of 46.6962. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OMNICOM GROUP?
The MACD indicator for OMNICOM GROUP (OMC) has a value of -0.815158, indicating a bearish trend.
Can you provide the short term momentum for OMNICOM GROUP?
The short term momentum for OMNICOM GROUP (OMC) is neutral.