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Advertising Industry Stocks Technical Analysis - OMCArchive
- 7/24/2026 -
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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 -2.07 points, or -2.53%, and closed at 79.66 on Friday, July 24, 2026. Weekly volume was -42% below average.
OMC is a member of Communication Services Sector. Communication Services is the second most oversold 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 price is now at the 32.78% retracement 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 85.18 on July 17, 2026. OMC gained -15.20 points, or -21.72%, in 8 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 70.63 and resistance is at 86.95. 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.
The weekly MACD line is above its signal line since July 2, 2026. This is an indication that the medium-term trend is up. 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 85.18 on July 17, 2026. OMC gained -14.89 points, or -21.18%, in 25 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See OMC daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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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