Ominto Inc (OMNT) Technical Analysis
NASDAQ:OMNT
Current stock price
OMNT Technical Rating and Analysis
Overall OMNT gets a technical rating of 0 out of 10. OMNT 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OMNT is a bad performer in the overall market: 99% of all stocks are doing better.
- OMNT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OMNT has a been trading in the 0.48 - 2.82 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OMNT Weekly and Daily overview Charts
OMNT Setup Rating and Analysis
The technical rating of OMNT 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
OMNT Support and Resistance Analysis
OMNT 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 OMNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OMNT is down. |
| ChartMill Relative Strength | 1.06 | NEGATIVE | OMNT has a low relative strength, it was outperformed by 98.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OMNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OMNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 15.47 | OVERSOLD | The low RSI value suggests OMNT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OMNT has a negative trend. |
| Stochastics (14,3) | 10.41 | OVERSOLD | The low Stochastics value suggests OMNT may be oversold. |
| Average True Range in percent/ATR (20) | 52.92 | HIGH VOLATILITY | The high ATR as a percentage value for OMNT suggests high volalility. |
OMNT Chart- and CandleStick Pattern Analysis
OMNT Technicals: Chart, Performance Metrics, Trend & Indicators
0.48
-0.55 (-53.4%)
Ominto Inc / OMNT TA FAQ
What is the ChartMill technical rating of Ominto Inc (OMNT) stock?
ChartMill assigns a technical rating of 0 / 10 to OMNT.
What is the trend direction for OMNT stock?
The current trend direction for Ominto Inc (OMNT) is Bearish.
What is the RSI signal for OMNT stock?
Ominto Inc (OMNT) has an RSI value of 15.465. This indicates that the stock is currently oversold.
What is the MACD signal for Ominto Inc (OMNT) stock?
The MACD indicator for Ominto Inc (OMNT) has a value of -0.0312454, indicating a bearish trend.
Can you provide the short term momentum for Ominto Inc?
The short term momentum for Ominto Inc (OMNT) is negative.