We assign a technical rating of 9 out of 10 to OMER. Both in the recent history as in the last year, OMER has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although OMER has an excellent technical rating, it 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.
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3.99
We found 2 important support areas.
- Support @7.07 from a trend line in the daily time frame.
- Support @4.03 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for OMER is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMER is up. |
| ChartMill Relative Strength | 94.38 | POSITIVE | OMER has a high relative strength, it outperformed 94.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMER is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMER is above the rising 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) | 65.07 | NEUTRAL | The RSI value for OMER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests OMER has a positive trend. |
| Stochastics (14,3) | 86.15 | OVERBOUGHT | The high Stochastics value suggests OMER may be overbought. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for OMER suggests high volalility. |
| Average Directional Index/ADX (14) | 37.15 | POSITIVE | The high ADX value value for OMER suggests a strong trend. |
9.45
-0.31 (-3.18%)
OMEROS CORP / OMER FAQ
What is the ChartMill technical rating of OMEROS CORP (OMER) stock?
ChartMill assigns a technical rating of 9 / 10 to OMER.
What is the trend direction for OMER stock?
The current trend direction for OMEROS CORP (OMER) is Bullish.
What is the RSI signal for OMER stock?
OMEROS CORP (OMER) has an RSI value of 65.0681. This indicates that the stock is currently neutral.
What is the MACD signal for OMER stock?
The MACD indicator for OMEROS CORP (OMER) has a value of 0.174643, indicating a bearish trend.
Can you provide the support and resistance levels for OMEROS CORP?
OMEROS CORP (OMER) has a support level at 7.07. Check the full technical report for our detailed analysis of OMER support and resistance levels.