OMH Technical Analysis - OHMYHOME LTD-A

Technical Rating and Analysis

Overall OMH gets a technical rating of 1 out of 10. OMH 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

96% of all other stocks performed better in the past year than OMH.

OMH is one of the lesser performing stocks in the Real Estate Management & Development industry. 85% of 63 stocks in the same industry do better.

OMH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month OMH has a been trading in the 1.15 - 1.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

OMH has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.07

1.44

3 important support areas can be observed.

Support @1.15 from a trend line in the daily time frame.
Support @1.12 from a horizontal line in the weekly time frame.
Support @1.08 from a horizontal line in the daily time frame.

We can see 5 important resistance areas.

A resistance zone ranging from 1.27 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
Resistance @1.34 from a horizontal line in the daily time frame.
Resistance @1.40 from a trend line in the daily time frame.
Resistance @1.43 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 OMH is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for OMH is neutral.
ChartMill Relative Strength	4.5	NEGATIVE	OMH has a low relative strength, it was outperformed by 95.5% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of OMH is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of OMH is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of OMH is below a declining SMA(200).
Relative Strength Index/RSI (14)	48.62	NEUTRAL	The RSI value for OMH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests OMH has a negative trend.
Stochastics (14,3)	50.64	NEUTRAL	The Stochastics value for OMH is a neutral value.
Average True Range in percent/ATR (20)	6.52	HIGH VOLATILITY	The high ATR as a percentage value for OMH suggests high volalility.
Average Directional Index/ADX (14)	29.02	POSITIVE	The high ADX value value for OMH suggests a strong trend.