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Archive
- 6/6/2025 -
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Omnicom Group (OMC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Omnicom Group (OMC). During the week, the OMC dropped -2.01 points, or -2.74%, and closed at 71.43 on Friday, June 6, 2025. Weekly volume was 50% 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 third 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 (90.62) 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 69.69 on June 3, 2025. OMC lost 9.39 points, or 11.87%, in 3 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (71.57). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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 uptrend had started on June 3, 2025 at 69.69 and reached 72.14 on June 4, 2025. OMC gained -2.45 points, or -3.52%, in 1 days. The price is now at the 28.98% retracement level.
 Daily Technical Indicators: [See OMC daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
The daily MACD line is below its signal line since May 20, 2025. The distance between MACD and the signal line is low, but getting bigger.
A Parabolic SAR (stop and reversal) indicator (71.93) comes close to the price (71.43). 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.
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