2.32 USD
+0.13 (+5.94%)
2.28 USD
-0.04 (-1.72%)
We assign a technical rating of 9 out of 10 to OMEX. Both in the recent history as in the last year, OMEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, OMEX did better than 99% of all other stocks. On top of that, OMEX also shows a nice and consistent pattern of rising prices.
OMEX is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry. OMEX outperforms 100% of them.
In the last month OMEX has a been trading in the 1.65 - 2.34 range, which is quite wide. It is currently trading near the high of this range.
OMEX has an average volume of 2623320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OMEX has an excellent technical rating, it does not present a decent entry opportunity 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
1.75
3.58
When analyzing the support we can see 3 important areas.
- Support @1.91 from a trend line in the weekly time frame.
- Support @1.85 from a trend line in the daily time frame.
- Support @1.77 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.33 to 2.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.54 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for OMEX is neutral. |
| ChartMill Relative Strength | 99.45 | POSITIVE | OMEX has a high relative strength, it outperformed 99.45% 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 | MIXED | The current price of OMEX is below 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) | 57.75 | NEUTRAL | The RSI value for OMEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OMEX has a positive trend. |
| Stochastics (14,3) | 96.74 | OVERBOUGHT | The high Stochastics value suggests OMEX may be overbought. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for OMEX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.15 | NEGATIVE | The low ADX value for OMEX suggests a weak or negative 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)
2.32
+0.13 (+5.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg5.94%
1 Week8.92%
2 Weeks20.21%
1 Month8.92%
3 Month29.61%
6 Month108.07%
12 Month562.67%
2 Year-50.11%
3 Year-40.21%
5 Year-67.32%
10 Year-28.4%
15 Year-93.05%
Volatility
ATR(14)0.16
ATR(20)%7.66%
ATR Inc14.39%
Range Today0.26
ADR(20)0.17
ADR(20)%7.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.45
3 months CRS92.02
6 months CRS96.08
Mansfield6.71
10 Day High2.34
10 Day Low1.88
20 Day High2.34
20 Day Low1.65
52 Week High4.43
52 Week Low0.27
CS1 End1.91
CR1 Start2.33
Volume & EV
DER(3)-4.85%
DER(5)-0.36%
Volume816.00K
Volume Incr-47.14%
Vol(5)717.30K
Vol(50)2.62M
ODYSSEY MARINE EXPLORATION / OMEX FAQ
Can you provide the ChartMill technical rating for ODYSSEY MARINE EXPLORATION?
ChartMill assigns a technical rating of 9 / 10 to OMEX.
What is the trend direction for OMEX stock?
The current trend direction for ODYSSEY MARINE EXPLORATION (OMEX) is Bullish.
What is the RSI signal for OMEX stock?
ODYSSEY MARINE EXPLORATION (OMEX) has an RSI value of 57.7508. This indicates that the stock is currently neutral.
What is the MACD signal for ODYSSEY MARINE EXPLORATION (OMEX) stock?
The MACD indicator for ODYSSEY MARINE EXPLORATION (OMEX) has a value of 0.0605938, indicating a bearish trend.