Logo image of OMQS

OMNIQ CORP (OMQS) Stock Technical Analysis

USA - NASDAQ:OMQS - US68217M1071 - Common Stock

0.3246 USD
-0.03 (-8.56%)
Last: 5/6/2024, 8:19:08 PM
0.271 USD
-0.05 (-16.51%)
After Hours: 5/6/2024, 8:19:08 PM
Technical Rating and Analysis

0

Overall OMQS gets a technical rating of 0 out of 10. OMQS'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.

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, OMQS is a bad performer in the overall market: 98% of all stocks are doing better.
OMQS is one of the lesser performing stocks in the IT Services industry. 84% of 85 stocks in the same industry do better.
OMQS 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 OMQS is lagging the market.
In the last month OMQS has a been trading in the 0.29 - 0.81 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.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
OMNIQ CORP / OMQS Weekly stock chart
OMNIQ CORP / OMQS Daily stock chart
Setup Rating and Analysis

3

The technical rating of OMQS 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.

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Support and Resistance Analysis

0.32

0.71

We can see 4 important resistance areas.

  • A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.57 from a trend line in the weekly time frame.
  • Resistance @0.60 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for OMQS is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for OMQS is down.
ChartMill Relative Strength2.19NEGATIVEOMQS has a low relative strength, it was outperformed by 97.81% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of OMQS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of OMQS is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OMQS is below a declining SMA(200).
Relative Strength Index/RSI (14)40.52NEUTRALThe RSI value for OMQS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests OMQS has a negative trend.
Stochastics (14,3)3.99OVERSOLDThe low Stochastics value suggests OMQS may be oversold.
Average True Range in percent/ATR (20)34.53HIGH VOLATILITYThe high ATR as a percentage value for OMQS suggests high volalility.
Average Directional Index/ADX (14)19.55NEGATIVEThe low ADX value for OMQS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

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OMNIQ CORP / OMQS Daily stock chart

OMNIQ CORP

NASDAQ:OMQS (5/6/2024, 8:19:08 PM)

After market: 0.271 -0.05 (-16.51%)

0.3246

-0.03 (-8.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryIT Services
Performance
% Chg-8.56%
1 Week-23.71%
2 Weeks-23.01%
1 Month-0.73%
3 Month-33.74%
6 Month-33.76%
12 Month-94.57%
2 Year-94.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%34.53%
ATR Inc-50.69%
Range Today0.06
ADR(20)0.11
ADR(20)%33.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.19
3 months CRSN/A
6 months CRSN/A
Mansfield-8.31
10 Day High0.46
10 Day Low0.32
20 Day High0.81
20 Day Low0.29
52 Week High6.24
52 Week Low0.28
CS1 EndN/A
CR1 Start0.47
Volume & EV
DER(3)13.3%
DER(5)-0.97%
Volume290.50K
Volume Incr-91.35%
Vol(5)107.58K
Vol(50)542.84K

OMNIQ CORP / OMQS FAQ

Can you provide the ChartMill technical rating for OMNIQ CORP?

ChartMill assigns a technical rating of 0 / 10 to OMQS.


What is the trend direction for OMQS stock?

The current trend direction for OMNIQ CORP (OMQS) is Bearish.


Can you provide the RSI signal for OMNIQ CORP?

OMNIQ CORP (OMQS) has an RSI value of 40.5228. This indicates that the stock is currently neutral.


Can you provide the MACD signal for OMNIQ CORP?

The MACD indicator for OMNIQ CORP (OMQS) has a value of -0.0113849, indicating a bearish trend.


Can you provide the support and resistance levels for OMNIQ CORP?

OMNIQ CORP (OMQS) has a resistance level at 0.47. Check the full technical report for our detailed analysis of OMQS support and resistance levels.