USA - NYSE:OMF - US68268W1036 - Common Stock
We assign a technical rating of 2 out of 10 to OMF. OMF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, OMF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 52.97, a Stop Loss order could be placed below this zone.
51.35
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for OMF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OMF is neutral. |
| ChartMill Relative Strength | 63.14 | NEUTRAL | OMF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OMF is above 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 | POSITIVE | The current price of OMF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.83 | NEUTRAL | The RSI value for OMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests OMF has a positive trend. |
| Stochastics (14,3) | 81.33 | OVERBOUGHT | The high Stochastics value suggests OMF may be overbought. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for OMF suggests some volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for OMF suggests a possible start of a new trend. |
56.36
+0.51 (+0.91%)