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Archive - 9/25/2026 - 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 the negative week for the Omnicom Group (OMC). During the week, the OMC gave back -0.42 points, or -0.55%, and closed at 76.15 on Friday, September 25, 2026. Weekly volume was -36% 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 89.57 on August 24, 2026. OMC gained -23.24 points, or -35.04%, in 28 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 74.37 and resistance is at 90.03. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See OMC medium-term trend chart] A medium-term uptrend had started on May 20, 2026 at 69.98 and reached 89.57 on August 24, 2026. OMC gained -19.59 points, or -27.99%, in 13 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 71.28 and resistance is at 95.30. A Broadening Ascending 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See OMC weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 August 24, 2026 at 89.57 and reached 73.97 on September 25, 2026. OMC lost 15.60 points, or 17.42%, in 32 days. The price is now at the 13.97% retracement level.
Daily Technical Indicators: [See OMC daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily 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 and Williams' Percentage Range help. The daily MACD line is below its signal line since August 26, 2026. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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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