OMADA HEALTH INC (OMDA) Technical Analysis
NASDAQ:OMDA • US68170A1088
Current stock price
OMDA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to OMDA. Recently some decent action could be observed, but in the medium term time frame this is still negative. OMDA was also a bad performer in the overall market in the last year.
- 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 101 other stocks in this industry, of which 92% are performing better than OMDA.
- In the last month OMDA has a been trading in the 10.99 - 15.02 range, which is quite wide. It is currently trading near the high of this range.
- OMDA has an average volume of 1384760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Volume is considerably higher in the last couple of days.
OMDA Weekly and Daily overview Charts
OMDA Setup Rating and Analysis
OMDA has a poor technical rating and the quality of the setup is also not perfect 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
13.59
2 important support areas can be observed.
- A support zone ranging from 14.48 to 14.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.73 to 13.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @14.54 from a horizontal line in the daily time frame.
- Resistance @16.52 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for OMDA is down. |
| 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) | DOWN | MIXED | The current price of OMDA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 60.75 | NEUTRAL | The RSI value for OMDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests OMDA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.9 | NEUTRAL | The Stochastics value for OMDA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for OMDA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.59 | 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
14.53
+0.51 (+3.64%)
OMADA HEALTH INC / OMDA TA FAQ
Can you provide the ChartMill technical rating for OMADA HEALTH INC?
ChartMill assigns a technical rating of 2 / 10 to OMDA.
Can you provide the trend direction for OMADA HEALTH INC?
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 60.748. This indicates that the stock is currently neutral.
What is the MACD signal for OMADA HEALTH INC (OMDA) stock?
The MACD indicator for OMADA HEALTH INC (OMDA) has a value of 0.315856, indicating a bearish trend.
What are the support and resistance levels for OMADA HEALTH INC (OMDA) stock?
OMADA HEALTH INC (OMDA) has a support level at 14.52 and a resistance level at 14.54. Check the full technical report for our detailed analysis of OMDA support and resistance levels.