OMNICOM GROUP (OMC) Stock Technical Analysis
NYSE:OMC - New York Stock Exchange, Inc. - US6819191064 - Common Stock - Currency: USD
Overall OMC gets a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than OMC.
OMC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OMC is lagging the market.
In the last month OMC has a been trading in the 69.32 - 77.43 range, which is quite wide. It is currently trading near the lows of this range.
OMC has an average volume of 3166130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMC is part of the Media industry. There are 98 other stocks in this industry, OMC did better than 41% of them.
Volume is considerably higher in the last couple of days.
The technical rating of OMC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
68.78
78.38
When analyzing the support we notice one important area.
- A support zone ranging from 69.47 to 69.47. 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 72.96 to 77.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 16.27 | NEGATIVE | OMC has a low relative strength, it was outperformed by 83.73% 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) | DOWN | NEGATIVE | The current price of OMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.8 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests OMC has a negative trend. |
| Stochastics (14,3) | 34.44 | NEUTRAL | The Stochastics value for OMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.64 | 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)
69.48
-1.71 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.4%
1 Week-2.73%
2 Weeks-5.39%
1 Month-8.93%
3 Month-14.04%
6 Month-23.07%
12 Month-21.41%
2 Year-26.98%
3 Year9.23%
5 Year27.25%
10 Year-0.01%
15 Year102.57%
Volatility
ATR(14)1.75
ATR(20)%2.44%
ATR Inc46.52%
Range Today1.66
ADR(20)1.52
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.27
Mansfield-2.5
10 Day High74.08
10 Day Low69.32
20 Day High77.43
20 Day Low69.32
52 Week High107
52 Week Low69.13
CS1 End69.47
CR1 Start72.96
Volume & EV
DER(3)0.92%
DER(5)1.56%
Volume3.96M
Volume Incr87.87%
Vol(5)5.14M
Vol(50)3.17M