OMEGA THERAPEUTICS INC (OMGA) Stock Technical Analysis
NASDAQ:OMGA - Nasdaq - US68217N1054 - Common Stock - Currency: USD
Taking everything into account, OMGA scores 0 out of 10 in our technical rating. OMGA 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.
100% of all other stocks performed better in the past year than OMGA.
OMGA is part of the Biotechnology industry. There are 557 other stocks in this industry, of which 91% are performing better than OMGA.
OMGA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OMGA is lagging the market.
In the last month OMGA has a been trading in the 0.10 - 0.67 range, which is quite wide. It is currently trading near the lows of this range.
OMGA has an average volume of 10728900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMGA has a poor technical rating and the quality of the setup is also not perfect 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
0.14
0.14
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 OMGA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMGA is down. |
| ChartMill Relative Strength | 0.42 | NEGATIVE | OMGA has a low relative strength, it was outperformed by 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMGA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMGA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OMGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.39 | NEUTRAL | The RSI value for OMGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OMGA has a positive trend. |
| Stochastics (14,3) | 14.47 | OVERSOLD | The low Stochastics value suggests OMGA may be oversold. |
| Average True Range in percent/ATR (20) | 58.07 | HIGH VOLATILITY | The high ATR as a percentage value for OMGA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for OMGA suggests a possible start of a new 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)
0.1426
-0.02 (-10.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-10.82%
1 Week-37.95%
2 Weeks22.93%
1 Month-71.98%
3 Month-83.85%
6 Month-90.3%
12 Month-96.68%
2 Year-97.79%
3 Year-98.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%58.07%
ATR Inc-42.5%
Range Today0.03
ADR(20)0.08
ADR(20)%55.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.42
Mansfield-9.18
10 Day High0.28
10 Day Low0.1
20 Day High0.67
20 Day Low0.1
52 Week High4.44
52 Week Low0.1
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-5.41%
DER(5)-1.13%
Volume5.15M
Volume Incr-67.44%
Vol(5)7.97M
Vol(50)10.73M