ONEMAIN HOLDINGS INC (OMF) Stock Technical Analysis
NYSE:OMF - New York Stock Exchange, Inc. - US68268W1036 - Common Stock - Currency: USD
Taking everything into account, OMF scores 8 out of 10 in our technical rating. OMF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, OMF did better than 72% of all other stocks.
OMF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OMF is performing more or less in line with the market.
In the last month OMF has a been trading in the 48.79 - 54.50 range, which is quite wide. It is currently trading near the high of this range.
OMF has an average volume of 1083450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMF is part of the Consumer Finance industry. There are 52 other stocks in this industry, OMF did better than 47% of them.
Besides having an excellent technical rating, OMF also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 53.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
41.42
58.65
We found 3 important support areas.
- A support zone ranging from 51.86 to 53.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.59 to 49.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @41.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.40 to 58.07. 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 | UP | POSITIVE | The short term trend for OMF is up. |
| ChartMill Relative Strength | 72.98 | POSITIVE | OMF has a high relative strength, it outperformed 72.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMF is above 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) | 60.94 | NEUTRAL | The RSI value for OMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OMF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.29 | NEUTRAL | The Stochastics value for OMF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for OMF suggests some volalility. |
| Average Directional Index/ADX (14) | 13.15 | NEGATIVE | The low ADX value for OMF 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.51 | 51.85 | 2.66 (4.88%) | 20.49% |
| An entry @54.51. This is a Buy Stop order right above the 10 day high. | An exit @51.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.66 points, which is 4.88%. | For a 1.00% total portfolio risk, you can invest 20.49% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
54.1
+0.42 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.78%
1 Week1.77%
2 Weeks4.26%
1 Month9.07%
3 Month7.3%
6 Month4.22%
12 Month10.34%
2 Year23.83%
3 Year44.73%
5 Year120.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%2.38%
ATR Inc6.75%
Range Today0.72
ADR(20)1.15
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.98
Mansfield0.35
10 Day High54.5
10 Day Low51.64
20 Day High54.5
20 Day Low48.79
52 Week High58.9
52 Week Low38
CS1 End53.08
CR1 Start57.4
Volume & EV
DER(3)-0.94%
DER(5)1.09%
Volume1.24M
Volume Incr-3.54%
Vol(5)854.84K
Vol(50)1.08M