OMEROS CORP (OMER) Stock Technical Analysis
NASDAQ:OMER - Nasdaq - US6821431029 - Common Stock - Currency: USD
Overall OMER gets a technical rating of 0 out of 10. OMER'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than OMER.
OMER is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 79% are performing better than OMER.
OMER is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OMER has a been trading in the 2.95 - 4.06 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OMER has an average volume of 1050600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
2.94
3.40
When analyzing the resistance we notice 2 important areas.
- Resistance @3.09 from a trend line in the daily time frame.
- A resistance zone ranging from 3.35 to 3.37. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for OMER is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMER is down. |
| ChartMill Relative Strength | 4.32 | NEGATIVE | OMER has a low relative strength, it was outperformed by 95.68% off all stocks 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) | DOWN | NEGATIVE | The current price of OMER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.64 | NEUTRAL | The RSI value for OMER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OMER has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 4.71 | OVERSOLD | The low Stochastics value suggests OMER may be oversold. |
| Average True Range in percent/ATR (20) | 8.93 | HIGH VOLATILITY | The high ATR as a percentage value for OMER suggests high volalility. |
| Average Directional Index/ADX (14) | 27.07 | POSITIVE | The high ADX value value for OMER suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.97
-0.03 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1%
1 Week-12.13%
2 Weeks-11.87%
1 Month-3.57%
3 Month-57.93%
6 Month-73.51%
12 Month-23.16%
2 Year-31.72%
3 Year-40.36%
5 Year-76.85%
10 Year-81.55%
15 Year-59.03%
Volatility
ATR(14)0.25
ATR(20)%8.93%
ATR Inc-8.5%
Range Today0.25
ADR(20)0.26
ADR(20)%8.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.32
Mansfield-5.6
10 Day High3.6
10 Day Low2.95
20 Day High4.06
20 Day Low2.95
52 Week High13.6
52 Week Low2.95
CS1 End3.19
CR1 Start3.51
Volume & EV
DER(3)-8.72%
DER(5)-6.87%
Volume1.36M
Volume Incr44.99%
Vol(5)1.20M
Vol(50)1.05M