|
|
Archive
- 4/10/2026 -
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 gave back -0.04 points, or -0.05%, and closed at 74.77 on Friday, April 10, 2026. Weekly volume was -9% 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 87.17 on March 5, 2026. OMC gained -20.84 points, or -31.42%, in 4 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (75.13) 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 downtrend had started on March 5, 2026 at 87.17 and reached 73.56 on March 27, 2026. OMC lost 13.61 points, or 15.61%, in 3 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 74.47 and resistance is at 77.51. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel 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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 March 27, 2026 at 73.56 and reached 77.64 on April 8, 2026. OMC gained -4.08 points, or -5.55%, in 12 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (74.69) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See OMC daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish 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.
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.
| |
|
|