ONEMAIN HOLDINGS INC (OMF) Stock Technical Analysis
NYSE:OMF • US68268W1036
Overall OMF gets a technical rating of 0 out of 10. OMF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OMF is a bad performer in the overall market: 63% of all stocks are doing better.
- In the last month OMF has a been trading in the 53.59 - 66.50 range, which is quite wide. It is currently trading near the lows of this range.
- OMF has an average volume of 1377770 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 54 other stocks in this industry, OMF did better than 62% of them.
- OMF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OMF is lagging the market.
OMF has a poor technical rating and the quality of the setup is also only medium 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
51.35
We found 3 important support areas.
- A support zone ranging from 55.75 to 56.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.15 to 54.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @51.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.84 to 59.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @66.11 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 | DOWN | NEGATIVE | The long term trend for OMF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMF is down. |
| ChartMill Relative Strength | 37.78 | 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) | DOWN | NEGATIVE | The current price of OMF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OMF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.76 | NEUTRAL | The RSI value for OMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OMF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.54 | NEUTRAL | The Stochastics value for OMF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for OMF suggests some volalility. |
| Average Directional Index/ADX (14) | 42.88 | POSITIVE | The high ADX value value for OMF suggests a strong trend. |
57.82
+1.45 (+2.57%)
ONEMAIN HOLDINGS INC / OMF FAQ
What is the technical rating for OMF stock?
ChartMill assigns a technical rating of 0 / 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 Bearish.
Can you provide the RSI signal for ONEMAIN HOLDINGS INC?
ONEMAIN HOLDINGS INC (OMF) has an RSI value of 40.7636. 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 -0.118385, 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 56.9 and a resistance level at 59.84. Check the full technical report for our detailed analysis of OMF support and resistance levels.