OMEROS CORP (OMER) Technical Analysis
NASDAQ:OMER • US6821431029
Current stock price
OMER Technical Rating and Analysis
Taking everything into account, OMER scores 2 out of 10 in our technical rating. OMER has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- OMER has an average volume of 1073730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, OMER outperforms 58% of them, which is more or less in line with the market.
- OMER is an average performer in the Pharmaceuticals industry, it outperforms 59% of 192 stocks in the same industry.
- OMER is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OMER is lagging the market slightly.
- In the last month OMER has a been trading in the 9.77 - 13.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
OMER Weekly and Daily overview Charts
OMER Setup Rating and Analysis
The technical rating of OMER 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
OMER Support and Resistance Analysis
5.85
2 important support areas can be observed.
- A support zone ranging from 9.80 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.91 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.06 to 12.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
OMER 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 OMER is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OMER is neutral. |
| ChartMill Relative Strength | 58.67 | NEUTRAL | OMER is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMER is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMER is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for OMER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OMER has a positive trend. |
| Stochastics (14,3) | 48.87 | NEUTRAL | The Stochastics value for OMER is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for OMER suggests high volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for OMER suggests a possible start of a new trend. |
OMER Chart- and CandleStick Pattern Analysis
OMER Technicals: Chart, Performance Metrics, Trend & Indicators
10.9
-1.18 (-9.77%)
OMEROS CORP / OMER TA FAQ
What is the ChartMill technical rating of OMEROS CORP (OMER) stock?
ChartMill assigns a technical rating of 2 / 10 to OMER.
What is the current trend direction of OMEROS CORP (OMER) stock?
The current trend direction for OMEROS CORP (OMER) is Bearish.
What is the RSI signal for OMEROS CORP (OMER) stock?
OMEROS CORP (OMER) has an RSI value of 48.7094. This indicates that the stock is currently neutral.
What is the short term momentum for OMER stock?
The short term momentum for OMEROS CORP (OMER) is neutral.
Can you provide the support and resistance levels for OMEROS CORP?
OMEROS CORP (OMER) has a support level at 9.96 and a resistance level at 12.06. Check the full technical report for our detailed analysis of OMER support and resistance levels.