OWENS & MINOR INC (OMI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OMI - US6907321029 - Common Stock
2.8 USD
+0.06 (+2.19%)
2.86 USD
+0.06 (+2.14%)
Taking everything into account, OMI scores 1 out of 10 in our technical rating. OMI 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.
96% of all other stocks performed better in the past year than OMI.
OMI is one of the lesser performing stocks in the Health Care Providers & Services industry. 84% of 101 stocks in the same industry do better.
OMI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
OMI has an average volume of 1977950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OMI has a been trading in the 2.38 - 3.28 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.
The technical rating of OMI is bad and it also does not present a quality setup 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
2.72
5.68
We found 1 important support area.
- A support zone ranging from 2.75 to 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 2.80 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.02 from a horizontal line in the weekly time frame.
- Resistance @3.09 from a trend line in the weekly time frame.
- Resistance @3.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.26 to 3.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.61 from a trend line in the daily time frame.
- Resistance @5.62 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 OMI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMI is down. |
| ChartMill Relative Strength | 4.45 | NEGATIVE | OMI has a low relative strength, it was outperformed by 95.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.78 | NEUTRAL | The RSI value for OMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OMI has a positive trend. |
| Stochastics (14,3) | 35.52 | NEUTRAL | The Stochastics value for OMI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for OMI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.11 | NEUTRAL | The ADX value for OMI 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)
2.8
+0.06 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.19%
1 Week5.26%
2 Weeks-9.68%
1 Month4.48%
3 Month-41.18%
6 Month-69.6%
12 Month-78.56%
2 Year-85.47%
3 Year-85.66%
5 Year-89.65%
10 Year-92.22%
15 Year-90.49%
Volatility
ATR(14)0.17
ATR(20)%6.27%
ATR Inc-39.91%
Range Today0.13
ADR(20)0.17
ADR(20)%6.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.45
3 months CRS8.13
6 months CRS2.9
Mansfield-6.36
10 Day High3.28
10 Day Low2.6
20 Day High3.28
20 Day Low2.38
52 Week High15.54
52 Week Low2.38
CS1 End2.79
CR1 Start2.8
Volume & EV
DER(3)11.14%
DER(5)12.28%
Volume1.27M
Volume Incr-37.79%
Vol(5)1.25M
Vol(50)1.98M
OWENS & MINOR INC / OMI FAQ
Can you provide the ChartMill technical rating for OWENS & MINOR INC?
ChartMill assigns a technical rating of 1 / 10 to OMI.
What is the current trend direction of OWENS & MINOR INC (OMI) stock?
The current trend direction for OWENS & MINOR INC (OMI) is Bearish.
Can you provide the RSI signal for OWENS & MINOR INC?
OWENS & MINOR INC (OMI) has an RSI value of 44.7841. This indicates that the stock is currently neutral.
What is the MACD signal for OWENS & MINOR INC (OMI) stock?
The MACD indicator for OWENS & MINOR INC (OMI) has a value of 0.0281076, indicating a bearish trend.
Can you provide the short term momentum for OWENS & MINOR INC?
The short term momentum for OWENS & MINOR INC (OMI) is negative.