OMNICOM GROUP (OMC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OMC - US6819191064 - Common Stock
80.25 USD
+0.18 (+0.22%)
80.45 USD
+0.2 (+0.25%)
Overall OMC gets a technical rating of 5 out of 10. OMC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, OMC is a bad performer in the overall market: 68% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
OMC is part of the Media industry. There are 94 other stocks in this industry. OMC outperforms 72% of them.
In the last month OMC has a been trading in the 69.86 - 80.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OMC has an average volume of 4594590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OMC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
82.35
When analyzing the support we can see 4 important areas.
- A support zone ranging from 79.48 to 80.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.83 from a horizontal line in the daily time frame.
- A support zone ranging from 73.56 to 75.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 80.26 to 81.53. 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 | 32.21 | NEUTRAL | OMC is not amongst the best or worst performers 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 | MIXED | The current price of OMC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.37 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests OMC has a positive trend. |
| Stochastics (14,3) | 96.03 | OVERBOUGHT | The high Stochastics value suggests OMC may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for OMC suggests a weak or negative 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)
80.25
+0.18 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.22%
1 Week9.27%
2 Weeks12.05%
1 Month9.84%
3 Month3.95%
6 Month15.5%
12 Month-11.15%
2 Year-7.24%
3 Year-1.62%
5 Year28.67%
10 Year6.07%
15 Year75.22%
Volatility
ATR(14)2.32
ATR(20)%2.65%
ATR Inc-5.27%
Range Today1.2
ADR(20)2.07
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.21
3 months CRS70.61
6 months CRS71.96
Mansfield-0.72
10 Day High80.89
10 Day Low69.86
20 Day High80.89
20 Day Low69.86
52 Week High91.86
52 Week Low68.37
CS1 End80.06
CR1 Start80.26
Volume & EV
DER(3)-0.29%
DER(5)-0.75%
Volume5.13M
Volume Incr41.46%
Vol(5)7.08M
Vol(50)4.59M
OMNICOM GROUP / OMC FAQ
What is the ChartMill technical rating of OMNICOM GROUP (OMC) stock?
ChartMill assigns a technical rating of 5 / 10 to OMC.
Can you provide the trend direction for OMNICOM GROUP?
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 67.3745. 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 1.05943, indicating a bullish trend.