|
Archive - 4/17/2025 - 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 -2.36 points, or -3.12%, and closed at 73.24 on Thursday, April 17, 2025. Weekly volume was 100% above average. 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 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 (87.15) is broken. A broken support is considered to be a long-term bearish signal. 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 uptrend had started on July 5, 2022 at 61.31 and reached 107.00 on November 6, 2024. OMC gained -45.69 points, or -74.52%, in 122 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (82.56) is broken. A broken support is considered to be a long-term bearish signal. 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 medium-term trend.
Weekly Technical Indicators: [See OMC weekly technical indicators chart] Weekly 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 weekly Lane's Stochastic or strongly oversold weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since November 15, 2024. 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 April 9, 2025 at 69.13 and reached 77.92 on April 15, 2025. OMC gained -8.79 points, or -12.72%, in 6 days. The price is now at the 53.24% retracement level.
Daily Technical Indicators: [See OMC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 15, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. The distance between the Bollinger Bands is 113.46% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|