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Archive
- 5/8/2026 -
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Omnicom Group (OMC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Omnicom Group (OMC). During the week, the OMC climbed 0.14 points, or 0.18%, and closed at 77.06 on Friday, May 8, 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 downtrend resistance line (65.50) is broken. A broken support is considered to be a long-term bullish 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 resistance line 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. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 79.38 and resistance is at 76.51. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 below its signal line since March 27, 2026. The distance between MACD and the signal line is low and getting smaller. 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 April 17, 2026 at 80.06 and reached 73.29 on April 29, 2026. OMC lost 6.77 points, or 8.46%, in 12 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 79.44 and resistance is at 76.81. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See OMC daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 4, 2026. The distance between MACD and the signal line is low, but getting bigger.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (4.67%) is close to one year low (5.18%). It is 61.45% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Communication Services |
10 |
| Industry |
Advertising |
57 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
73.29 |
| Low Date |
04/29/2026 |
| High |
78.50 |
| High Date |
05/06/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
76.81 |
| Support |
79.44 |
| High |
80.06 |
| High Date |
04/17/2026 |
| Low |
73.29 |
| Low Date |
04/29/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Resistance |
| Resistance |
76.51 |
| Support |
73.20 |
| High |
87.17 |
| High Date |
03/05/2026 |
| Low |
73.29 |
| Low Date |
04/29/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
76.51 |
| Support |
79.38 |
| Low |
66.33 |
| Low Date |
02/04/2026 |
| High |
87.17 |
| High Date |
03/05/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
74.91 |
| Support |
65.50 |
| High |
107.00 |
| High Date |
11/06/2024 |
| Low |
66.33 |
| Low Date |
02/04/2026 |
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