OMNICOM GROUP (OMC) Stock Technical Analysis
NYSE:OMC - New York Stock Exchange, Inc. - US6819191064 - Common Stock - Currency: USD
Taking everything into account, OMC scores 0 out of 10 in our technical rating. OMC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OMC is a bad performer in the overall market: 88% of all stocks are doing better.
OMC is part of the Media industry. There are 97 other stocks in this industry, of which 64% are performing better 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.
OMC has an average volume of 3791200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OMC has a been trading in the 68.37 - 75.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OMC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 69.48, a Stop Loss order could be placed below this zone.
More info and screens
68.53
77.60
We found 1 important support area.
- A support zone ranging from 69.22 to 69.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 73.40 to 75.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @76.83 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for OMC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OMC is neutral. |
| ChartMill Relative Strength | 12.5 | NEGATIVE | OMC has a low relative strength, it was outperformed by 87.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OMC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMC is below a declining 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) | 49.69 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests OMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.63 | NEUTRAL | The Stochastics value for OMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 16 | 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)
72.75
-0.68 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.93%
1 Week-2.62%
2 Weeks2.15%
1 Month-0.75%
3 Month-3.77%
6 Month-11.36%
12 Month-22.03%
2 Year-14.03%
3 Year4.17%
5 Year35.4%
10 Year-0.45%
15 Year95.25%
Volatility
ATR(14)1.78
ATR(20)%2.45%
ATR Inc-36.89%
Range Today0.78
ADR(20)1.65
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.5
Mansfield-2.31
10 Day High75.36
10 Day Low70.88
20 Day High75.36
20 Day Low68.37
52 Week High107
52 Week Low68.37
CS1 End69.48
CR1 Start73.4
Volume & EV
DER(3)-1.7%
DER(5)0.42%
Volume3.60M
Volume Incr-7.13%
Vol(5)4.64M
Vol(50)3.79M