OMNICOM GROUP (OMC) Technical Analysis
NYSE:OMC • US6819191064
Current stock price
OMC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to OMC. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 71% of all other stocks performed better in the past year than OMC.
- In the last month OMC has a been trading in the 73.56 - 84.67 range, which is quite wide. It is currently trading near the lows of this range.
- OMC has an average volume of 5547090 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 63% of 91 stocks in the same industry.
- 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.
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. Prices have been consolidating lately.
More info and screens
OMC Support and Resistance Analysis
66.60
We found 3 important support areas.
- A support zone ranging from 74.91 to 75.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 76.87 to 77.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @83.49 from a trend line in the weekly time frame.
- A resistance zone ranging from 85.29 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 | DOWN | NEGATIVE | The long term trend for OMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMC is down. |
| ChartMill Relative Strength | 29.83 | NEGATIVE | OMC has a low relative strength, it was outperformed by 70.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMC is below 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) | UP | MIXED | The current price of OMC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.1 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests OMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.64 | NEUTRAL | The Stochastics value for OMC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | 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
75.96
+1.15 (+1.54%)
OMNICOM GROUP / OMC TA FAQ
What is the ChartMill technical rating of OMNICOM GROUP (OMC) stock?
ChartMill assigns a technical rating of 0 / 10 to OMC.
What is the current trend direction of OMNICOM GROUP (OMC) stock?
The current trend direction for OMNICOM GROUP (OMC) is Bearish.
What is the RSI signal for OMC stock?
OMNICOM GROUP (OMC) has an RSI value of 46.1041. This indicates that the stock is currently neutral.
What is the MACD signal for OMC stock?
The MACD indicator for OMNICOM GROUP (OMC) has a value of -0.17226, indicating a bearish trend.
What is the short term momentum for OMNICOM GROUP (OMC) stock?
The short term momentum for OMNICOM GROUP (OMC) is negative.