ONEMAIN HOLDINGS INC (OMF) Technical Analysis
NYSE:OMF • US68268W1036
We assign a technical rating of 0 out of 10 to OMF. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 74% of all other stocks performed better in the past year than OMF.
- In the last month OMF has a been trading in the 51.36 - 63.44 range, which is quite wide. It is currently trading near the lows of this range.
- OMF has an average volume of 1447110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OMF is an average performer in the Consumer Finance industry, it outperforms 52% of 54 stocks in the same industry.
- OMF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OMF is lagging the market slightly.
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
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.40 to 53.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.87 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.96 to 55.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.54 to 57.83. This zone is formed by a combination of multiple trend lines 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 | 26.15 | NEGATIVE | OMF has a low relative strength, it was outperformed by 73.85% off all stocks 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) | 34.56 | NEUTRAL | The RSI value for OMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OMF has a positive trend. |
| Stochastics (14,3) | 32.5 | NEUTRAL | The Stochastics value for OMF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for OMF suggests some volalility. |
| Average Directional Index/ADX (14) | 45.87 | POSITIVE | The high ADX value value for OMF suggests a strong trend. |
OMF Technicals: Chart, Performance Metrics, Trend & Indicators
53.95
+0.54 (+1.01%)
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 34.5602. 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 0.0164423, 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 53.4 and a resistance level at 53.96. Check the full technical report for our detailed analysis of OMF support and resistance levels.