ODYSSEY MARINE EXPLORATION (OMEX) Technical Analysis
NASDAQ:OMEX • US6761182012
Current stock price
OMEX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to OMEX. OMEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OMEX is a bad performer in the overall market: 95% of all stocks are doing better.
- OMEX is part of the Commercial Services & Supplies industry. There are 79 other stocks in this industry, of which 80% are performing better than OMEX.
- OMEX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month OMEX has a been trading in the 0.74 - 2.13 range, which is quite wide. It is currently trading near the lows of this range.
- OMEX has an average volume of 6739180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
OMEX Weekly and Daily overview Charts
OMEX Setup Rating and Analysis
OMEX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
OMEX Support and Resistance Analysis
0.82
We found 3 important support areas.
- A support zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.87 from a trend line in the weekly time frame.
- Support @0.83 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @1.03 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OMEX 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 OMEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMEX is down. |
| ChartMill Relative Strength | 5.26 | NEGATIVE | OMEX has a low relative strength, it was outperformed by 94.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OMEX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OMEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for OMEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OMEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.6 | OVERSOLD | The low Stochastics value suggests OMEX may be oversold. |
| Average True Range in percent/ATR (20) | 21.63 | HIGH VOLATILITY | The high ATR as a percentage value for OMEX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.98 | POSITIVE | The high ADX value value for OMEX suggests a strong trend. |
OMEX Chart- and CandleStick Pattern Analysis
OMEX Technicals: Chart, Performance Metrics, Trend & Indicators
0.9716
-0.08 (-7.47%)
ODYSSEY MARINE EXPLORATION / OMEX TA FAQ
Can you provide the ChartMill technical rating for ODYSSEY MARINE EXPLORATION?
ChartMill assigns a technical rating of 0 / 10 to OMEX.
Can you provide the trend direction for ODYSSEY MARINE EXPLORATION?
The current trend direction for ODYSSEY MARINE EXPLORATION (OMEX) is Bearish.
What is the RSI signal for ODYSSEY MARINE EXPLORATION (OMEX) stock?
ODYSSEY MARINE EXPLORATION (OMEX) has an RSI value of 43.8347. This indicates that the stock is currently neutral.
What is the buy/sell signal for ODYSSEY MARINE EXPLORATION (OMEX) stock?
The buy/sell signal for ODYSSEY MARINE EXPLORATION (OMEX) is sell as both the short term and long term trends are negative.
What is the support and resistance level for OMEX stock?
ODYSSEY MARINE EXPLORATION (OMEX) has a support level at 0.96 and a resistance level at 1.03. Check the full technical report for our detailed analysis of OMEX support and resistance levels.