|
|
Archive
- 6/20/2025 -
Sign In to see current Signals. |
Omnicom Group (OMC) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Omnicom Group (OMC). During the week, the OMC gained 0.80 points, or 1.15%, and closed at 70.28 on Friday, June 20, 2025. Weekly volume was 149% above average.
OMC is a member of Communication Services Sector. Communication Services is the second most overbought sector. OMC is a member of Advertising Industry. Advertising is the seventh most oversold industry. 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 October 29, 2020 at 44.50 and reached 107.00 on November 6, 2024. OMC gained -62.50 points, or -140.45%, in 209 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (90.98) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. OMC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See OMC medium-term trend chart]
A medium-term downtrend had started on May 12, 2025 at 79.08 and reached 68.37 on June 17, 2025. OMC lost 10.71 points, or 13.54%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 64.20 and resistance is at 72.63. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See OMC weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 15, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 June 11, 2025 at 74.09 and reached 68.37 on June 17, 2025. OMC lost 5.72 points, or 7.72%, in 6 days. The price is now at the 33.39% retracement level.
 Daily Technical Indicators: [See OMC daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since June 12, 2025. 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.
A Parabolic SAR (stop and reversal) indicator (70.87) comes close to the price (70.28). It indicates that the trend is getting weaker. 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.
| |
|
|