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Archive
- 5/22/2026 -
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Omnicom Group (OMC) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was a first positive week for the Omnicom Group (OMC). During the week, the OMC gained 4.10 points, or 5.79%, and closed at 74.93 on Friday, May 22, 2026. It was the best weekly gain since February 20, 2026. Weekly volume was -28% below average.
OMC is a member of Communication Services Sector. Communication Services is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See OMC long-term trend chart]
A long-term uptrend had started on February 4, 2026 at 66.33 and reached 87.17 on March 5, 2026. OMC gained -20.84 points, or -31.42%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 81.39 and resistance is at 74.14. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See OMC medium-term trend chart]
A medium-term downtrend had started on March 5, 2026 at 87.17 and reached 69.98 on May 20, 2026. OMC lost 17.19 points, or 19.72%, in 10 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 73.08 and resistance is at 75.54. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.
 Weekly Technical Indicators: [See OMC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 27, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See OMC short-term trend chart]
A short-term downtrend had started on May 6, 2026 at 78.50 and reached 69.98 on May 20, 2026. OMC lost 8.52 points, or 10.85%, in 14 days. The price is now at the 58.10% retracement level.
Daily Technical Indicators: [See OMC daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since May 8, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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