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Archive - 7/10/2026 - Sign In to see current Signals. |
Omnicom Group (OMC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Omnicom Group (OMC). During the week, the OMC gained 3.31 points, or 4.21%, and closed at 81.93 on Friday, July 10, 2026. Weekly volume was -35% below average.
Long-term trend: [See OMC long-term trend chart] A long-term downtrend had started on November 6, 2024 at 107.00 and reached 66.33 on February 4, 2026. OMC lost 40.67 points, or 38.01%, in 65 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See OMC medium-term trend chart] A medium-term uptrend had started on May 20, 2026 at 69.98 and reached 83.12 on July 10, 2026. OMC gained -13.14 points, or -18.78%, in 7 weeks. The price is now at the 9.06% retracement level.
Weekly Technical Indicators: [See OMC weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 22, 2026 at 70.29 and reached 83.12 on July 10, 2026. OMC gained -12.83 points, or -18.25%, in 18 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See OMC daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since June 30, 2026. This is an indication that the short-term trend is up. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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