USA - NYSE:OMC - US6819191064 - Common Stock
Taking everything into account, OMC scores 5 out of 10 in our technical rating. 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.
OMC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 78.66, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
68.53
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 | 19.6 | NEGATIVE | OMC has a low relative strength, it was outperformed by 80.4% off all stocks 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) | 52.67 | NEUTRAL | The RSI value for OMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests OMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.98 | NEUTRAL | The Stochastics value for OMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for OMC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for OMC suggests a weak or negative trend. |
79
-1.33 (-1.66%)
ChartMill assigns a technical rating of 5 / 10 to OMC.
The current trend direction for OMNICOM GROUP (OMC) is Bearish.
OMNICOM GROUP (OMC) has an RSI value of 52.6739. This indicates that the stock is currently neutral.
The MACD indicator for OMNICOM GROUP (OMC) has a value of 0.151991, indicating a bearish trend.