OWENS & MINOR INC (OMI) Stock Technical Analysis
NYSE:OMI - New York Stock Exchange, Inc. - US6907321029 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to OMI. OMI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% 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. 71% of 102 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. The S&P500 Index is trading in the upper part of its 52 week range, so OMI is lagging the market.
In the last month OMI has a been trading in the 6.41 - 8.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OMI has an average volume of 1417640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OMI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.34. Right above this resistance zone may be a good entry point.
More info and screens
6.39
9.99
We can see 2 important resistance areas.
- A resistance zone ranging from 7.34 to 7.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.89 from a trend line in the weekly 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 | 13.83 | NEGATIVE | OMI has a low relative strength, it was outperformed by 86.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMI is below a declining 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) | 37.89 | NEUTRAL | The RSI value for OMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OMI has a negative trend. |
| Stochastics (14,3) | 5.26 | OVERSOLD | The low Stochastics value suggests OMI may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for OMI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.41 | POSITIVE | The high ADX value value for OMI suggests a strong 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)
6.45
-0.43 (-6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-6.25%
1 Week-12.6%
2 Weeks-7.99%
1 Month-7.19%
3 Month3.7%
6 Month-47.77%
12 Month-63.21%
2 Year-68.24%
3 Year-81.51%
5 Year-18.66%
10 Year-80.64%
15 Year-78.41%
Volatility
ATR(14)0.55
ATR(20)%8.16%
ATR Inc-24.95%
Range Today0.43
ADR(20)0.51
ADR(20)%7.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.83
Mansfield-4.95
10 Day High7.64
10 Day Low6.41
20 Day High8.6
20 Day Low6.41
52 Week High17.78
52 Week Low6.07
CS1 EndN/A
CR1 Start7.34
Volume & EV
DER(3)-3.44%
DER(5)-1.15%
Volume1.13M
Volume Incr9.44%
Vol(5)1.30M
Vol(50)1.42M