SINGULAR GENOMICS SYSTEMS IN (OMIC) Technical Analysis
NASDAQ:OMIC • US82933R3084
Current stock price
OMIC Technical Rating and Analysis
Taking everything into account, OMIC scores 6 out of 10 in our technical rating. Although OMIC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- OMIC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: OMIC has an average volume of 14678 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- OMIC is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. OMIC outperforms 83% of them.
- OMIC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OMIC is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that OMIC is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month OMIC has a been trading in a tight range between 19.71 and 20.27.
OMIC Weekly and Daily overview Charts
OMIC Setup Rating and Analysis
OMIC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.94, a Stop Loss order could be placed below this zone.
More info and screens
OMIC Support and Resistance Analysis
19.07
We found 1 important support area.
- A support zone ranging from 19.26 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Strong resistance @20.02 from a horizontal line in the daily time frame.
- Resistance @20.91 from a trend line in the weekly time frame.
- Resistance @21.75 from a trend line in the weekly time frame.
- Resistance @22.80 from a horizontal line in the weekly time frame.
OMIC 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 | UP | POSITIVE | The long term trend for OMIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMIC is up. |
| ChartMill Relative Strength | 75.64 | POSITIVE | OMIC has a high relative strength, it outperformed 75.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OMIC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for OMIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OMIC has a positive trend. |
| Stochastics (14,3) | 44.76 | NEUTRAL | The Stochastics value for OMIC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for OMIC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for OMIC suggests a weak or negative trend. |
OMIC Chart- and CandleStick Pattern Analysis
OMIC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:OMIC (2/20/2025, 8:00:01 PM)
20.01
+0.05 (+0.25%)
SINGULAR GENOMICS SYSTEMS IN / OMIC TA FAQ
What is the ChartMill technical rating of SINGULAR GENOMICS SYSTEMS IN (OMIC) stock?
ChartMill assigns a technical rating of 6 / 10 to OMIC.
What is the trend direction for OMIC stock?
The current trend direction for SINGULAR GENOMICS SYSTEMS IN (OMIC) is Bullish.
Can you provide the RSI signal for SINGULAR GENOMICS SYSTEMS IN?
SINGULAR GENOMICS SYSTEMS IN (OMIC) has an RSI value of 56.4332. This indicates that the stock is currently neutral.
What is the MACD signal for SINGULAR GENOMICS SYSTEMS IN (OMIC) stock?
The MACD indicator for SINGULAR GENOMICS SYSTEMS IN (OMIC) has a value of 0.0124992, indicating a bearish trend.
What is the support and resistance level for OMIC stock?
SINGULAR GENOMICS SYSTEMS IN (OMIC) has a support level at 19.94 and a resistance level at 20.02. Check the full technical report for our detailed analysis of OMIC support and resistance levels.