OMADA HEALTH INC (OMDA) Technical Analysis
NASDAQ:OMDA • US68170A1088
Current stock price
OMDA Technical Rating and Analysis
Taking everything into account, OMDA scores 5 out of 10 in our technical rating. In the past year, OMDA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 100% of all other stocks performed better in the past year than OMDA.
- OMDA is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 91% are performing better than OMDA.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month OMDA has a been trading in the 11.20 - 15.12 range, which is quite wide. It is currently trading near the high of this range.
- OMDA has an average volume of 1279360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
OMDA Weekly and Daily overview Charts
OMDA Setup Rating and Analysis
OMDA has an average technical rating and it also does not offer a high 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
OMDA Support and Resistance Analysis
11.06
When analyzing the support we can see 2 important areas.
- Support @11.55 from a trend line in the daily time frame.
- A support zone ranging from 11.17 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.60 to 14.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
OMDA 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 | NEUTRAL | NEUTRAL | The long term trend for OMDA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMDA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | OMDA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMDA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OMDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.67 | NEUTRAL | The RSI value for OMDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests OMDA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.39 | OVERBOUGHT | The high Stochastics value suggests OMDA may be overbought. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for OMDA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.16 | NEUTRAL | The ADX value for OMDA suggests a possible start of a new trend. |
OMDA Chart- and CandleStick Pattern Analysis
OMDA Technicals: Chart, Performance Metrics, Trend & Indicators
14.59
-0.13 (-0.88%)
OMADA HEALTH INC / OMDA TA FAQ
Can you provide the ChartMill technical rating for OMADA HEALTH INC?
ChartMill assigns a technical rating of 5 / 10 to OMDA.
Can you provide the trend direction for OMADA HEALTH INC?
The current trend direction for OMADA HEALTH INC (OMDA) is Bearish.
What is the RSI signal for OMDA stock?
OMADA HEALTH INC (OMDA) has an RSI value of 61.6732. This indicates that the stock is currently neutral.
What is the short term momentum for OMADA HEALTH INC (OMDA) stock?
The short term momentum for OMADA HEALTH INC (OMDA) is positive.
What is the support and resistance level for OMDA stock?
OMADA HEALTH INC (OMDA) has a support level at 11.55 and a resistance level at 14.6. Check the full technical report for our detailed analysis of OMDA support and resistance levels.