ODYSSEY MARINE EXPLORATION (OMEX) Stock Technical Analysis
NASDAQ:OMEX - US6761182012 - Common Stock
1.84 USD
-0.25 (-11.96%)
1.8199 USD
-0.02 (-1.09%)
Overall OMEX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OMEX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
OMEX is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. OMEX outperforms 79% of them.
In the last month OMEX has a been trading in the 1.24 - 2.25 range, which is quite wide. It is currently trading near the high of this range.
OMEX has an average volume of 2711860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, OMEX did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
OMEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OMEX is lagging the market.
Volume is considerably higher in the last couple of days.
Although OMEX 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.
More info and screens
1.28
1.98
2 important support areas can be observed.
- Support @1.36 from a trend line in the daily time frame.
- A support zone ranging from 1.29 to 1.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @1.96 from a horizontal line in the weekly 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 OMEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMEX is up. |
| ChartMill Relative Strength | 82.21 | POSITIVE | OMEX has a high relative strength, it outperformed 82.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.04 | NEUTRAL | The RSI value for OMEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OMEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.62 | NEUTRAL | The Stochastics value for OMEX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.67 | HIGH VOLATILITY | The high ATR as a percentage value for OMEX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.84 | POSITIVE | The high ADX value value for OMEX 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)
1.84
-0.25 (-11.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-11.96%
1 Week4.55%
2 Weeks35.29%
1 Month27.78%
3 Month101.98%
6 Month355.33%
12 Month-54.79%
2 Year-50.8%
3 Year-40.65%
5 Year-72.94%
10 Year-57.41%
15 Year-91.62%
Volatility
ATR(14)0.2
ATR(20)%10.67%
ATR Inc36.98%
Range Today0.26
ADR(20)0.19
ADR(20)%10.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.21
Mansfield8.66
10 Day High2.25
10 Day Low1.24
20 Day High2.25
20 Day Low1.24
52 Week High5.25
52 Week Low0.27
CS1 End1.36
CR1 Start1.96
Volume & EV
DER(3)3.66%
DER(5)3.9%
Volume3.52M
Volume Incr67.11%
Vol(5)4.03M
Vol(50)2.71M