Taking everything into account, OMDA scores 0 out of 10 in our technical rating. OMDA'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 technical rating of OMDA 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
15.76
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.93 to 16.07. 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 OMDA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMDA is down. |
| 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) | DOWN | NEGATIVE | The current price of OMDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMDA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for OMDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests OMDA has a positive trend. |
| Stochastics (14,3) | 39.07 | NEUTRAL | The Stochastics value for OMDA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for OMDA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.02 | POSITIVE | The high ADX value value for OMDA suggests a strong trend. |
15.92
+0.64 (+4.19%)
OMADA HEALTH INC / OMDA FAQ
What is the technical rating for OMDA stock?
ChartMill assigns a technical rating of 0 / 10 to OMDA.
What is the current trend direction of OMADA HEALTH INC (OMDA) stock?
The current trend direction for OMADA HEALTH INC (OMDA) is Bearish.
Can you provide the RSI signal for OMADA HEALTH INC?
OMADA HEALTH INC (OMDA) has an RSI value of 42.0473. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OMADA HEALTH INC?
The short term momentum for OMADA HEALTH INC (OMDA) is negative.
Can you provide the support and resistance levels for OMADA HEALTH INC?
OMADA HEALTH INC (OMDA) has a resistance level at 15.93. Check the full technical report for our detailed analysis of OMDA support and resistance levels.