SINGULAR GENOMICS SYSTEMS IN (OMIC) Stock Technical Analysis
NASDAQ:OMIC - Nasdaq - US82933R3084 - Common Stock - Currency: USD
Taking everything into account, OMIC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OMIC is only an average performer.
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.
The long and short term trends are both positive. This is looking good!
OMIC is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. OMIC outperforms 81% 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.
Looking at the yearly performance, OMIC did better than 75% of all other 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 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
19.07
23.03
When analyzing the support we notice one important 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.
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. |
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)
NASDAQ:OMIC (2/20/2025, 8:00:01 PM)
20.01
+0.05 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.25%
1 Week0.6%
2 Weeks0.25%
1 Month0.6%
3 Month-6.58%
6 Month215.62%
12 Month21.27%
2 Year-68.98%
3 Year-91.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.72%
ATR Inc46.59%
Range Today0.05
ADR(20)0.14
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.64
Mansfield2.88
10 Day High20.27
10 Day Low19.8
20 Day High20.27
20 Day Low19.71
52 Week High23.41
52 Week Low5.34
CS1 End19.94
CR1 Start20.02
Volume & EV
DER(3)-2.38%
DER(5)-0.94%
Volume7.90K
Volume Incr87.44%
Vol(5)12.98K
Vol(50)14.68K