ODYSSEY MARINE EXPLORATION (OMEX) Stock Technical Analysis
NASDAQ:OMEX - Nasdaq - US6761182012 - Common Stock - Currency: USD
Taking everything into account, OMEX scores 8 out of 10 in our technical rating. In the last year, OMEX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
OMEX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OMEX is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
OMEX is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. OMEX outperforms 89% of them.
In the last month OMEX has a been trading in the 0.72 - 1.52 range, which is quite wide. It is currently trading near the high of this range.
OMEX has an average volume of 22033000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that OMEX is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although OMEX has an excellent technical rating, the quality of the presented setup is not ideal 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
0.92
1.36
When analyzing the support we notice one important area.
- A support zone ranging from 0.93 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @1.35 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 | NEUTRAL | NEUTRAL | The long term trend for OMEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMEX is up. |
| ChartMill Relative Strength | 93.75 | POSITIVE | OMEX has a high relative strength, it outperformed 93.75% 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) | DOWN | MIXED | The current price of OMEX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.06 | 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) | 72.06 | NEUTRAL | The Stochastics value for OMEX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.56 | HIGH VOLATILITY | The high ATR as a percentage value for OMEX suggests high volalility. |
| Average Directional Index/ADX (14) | 37.42 | 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)
1.22
-0.12 (-8.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-8.96%
1 Week-1.61%
2 Weeks29.29%
1 Month24.62%
3 Month165.1%
6 Month241.55%
12 Month-75.84%
2 Year-66.11%
3 Year-64.22%
5 Year-73.32%
10 Year-78.37%
15 Year-89.83%
Volatility
ATR(14)0.17
ATR(20)%11.56%
ATR Inc140.53%
Range Today0.32
ADR(20)0.14
ADR(20)%11.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.75
Mansfield-2.36
10 Day High1.52
10 Day Low0.85
20 Day High1.52
20 Day Low0.72
52 Week High5.46
52 Week Low0.27
CS1 End0.95
CR1 Start1.35
Volume & EV
DER(3)-2.9%
DER(5)-3.77%
Volume4.65M
Volume Incr106.54%
Vol(5)3.71M
Vol(50)22.03M