|
|
Archive - 3/27/2026 - Sign In to see current Signals. |
Omnicom Group (OMC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Omnicom Group (OMC). During the week, the OMC dropped -1.24 points, or -1.65%, and closed at 73.82 on Friday, March 27, 2026. OMC was trading at average weekly trading volume. OMC is a member of Communication Services Sector. Communication Services is the 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 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. The chart has formed a Falling Wedge chart pattern. The trend support level is at 65.87 and resistance is at 77.39. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See OMC medium-term trend chart] A medium-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. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See OMC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 20, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 March 25, 2026 at 76.83 and reached 73.56 on March 27, 2026. OMC lost 3.27 points, or 4.26%, in 2 days. The price is now at the 7.95% retracement level.
Daily Technical Indicators: [See OMC daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is below its signal line since March 10, 2026. This is an indication that the short-term trend is down.
| |
|
|