ONEMAIN HOLDINGS INC (OMF) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:OMF • US68268W1036
Overall OMF gets a technical rating of 5 out of 10. OMF has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- OMF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- 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.
- OMF is one of the better performing stocks in the Consumer Finance industry, it outperforms 81% of 54 stocks in the same industry.
- OMF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OMF is lagging the market slightly.
- OMF has an average volume of 1155270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, OMF turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
Although the technical rating is only medium, OMF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 64.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.08, a Stop Loss order could be placed below this zone.
More info and screens
51.35
4 important support areas can be observed.
- A support zone ranging from 63.50 to 64.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.15 from a trend line in the weekly time frame.
- Support @54.18 from a trend line in the daily time frame.
- A support zone ranging from 51.87 to 52.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.83 to 66.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 70.88 to 71.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OMF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OMF is neutral. |
| ChartMill Relative Strength | 66.84 | NEUTRAL | OMF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OMF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.6 | NEUTRAL | The RSI value for OMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests OMF has a negative trend. |
| Stochastics (14,3) | 37.62 | NEUTRAL | The Stochastics value for OMF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for OMF suggests some volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for OMF suggests a possible start of a new trend. |
64.09
-1.27 (-1.94%)
ONEMAIN HOLDINGS INC / OMF FAQ
What is the technical rating for OMF stock?
ChartMill assigns a technical rating of 5 / 10 to OMF.
What is the current trend direction of ONEMAIN HOLDINGS INC (OMF) stock?
The current trend direction for ONEMAIN HOLDINGS INC (OMF) is Bullish.
Can you provide the RSI signal for ONEMAIN HOLDINGS INC?
ONEMAIN HOLDINGS INC (OMF) has an RSI value of 41.5976. This indicates that the stock is currently neutral.
What is the MACD signal for ONEMAIN HOLDINGS INC (OMF) stock?
The MACD indicator for ONEMAIN HOLDINGS INC (OMF) has a value of -0.204807, indicating a bearish trend.
Can you provide the support and resistance levels for ONEMAIN HOLDINGS INC?
ONEMAIN HOLDINGS INC (OMF) has a support level at 64.08 and a resistance level at 64.83. Check the full technical report for our detailed analysis of OMF support and resistance levels.