USA - NASDAQ:OMEX - US6761182012 - Common Stock
Taking everything into account, OMEX scores 9 out of 10 in our technical rating. In the last year, OMEX was one of the better performers, but we do observe some doubts in the very recent evolution.
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.
1.69
3 important support areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for OMEX is down. |
| ChartMill Relative Strength | 98.52 | POSITIVE | OMEX has a high relative strength, it outperformed 98.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OMEX is below 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) | 45.72 | NEUTRAL | The RSI value for OMEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests OMEX has a negative trend. |
| Stochastics (14,3) | 5.79 | OVERSOLD | The low Stochastics value suggests OMEX may be oversold. |
| Average True Range in percent/ATR (20) | 19.27 | HIGH VOLATILITY | The high ATR as a percentage value for OMEX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.28 | POSITIVE | The high ADX value value for OMEX suggests a strong trend. |
2.4
-0.02 (-0.83%)
ChartMill assigns a technical rating of 9 / 10 to OMEX.
The current trend direction for ODYSSEY MARINE EXPLORATION (OMEX) is Bullish.
ODYSSEY MARINE EXPLORATION (OMEX) has an RSI value of 45.7209. This indicates that the stock is currently neutral.
The MACD indicator for ODYSSEY MARINE EXPLORATION (OMEX) has a value of -0.145611, indicating a bearish trend.
The buy/sell signal for ODYSSEY MARINE EXPLORATION (OMEX) is hold as the short term and long term trends are mixed.