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Advertising Industry Stocks Technical Analysis - OMCArchive - 7/2/2026 - 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 a second consecutive positive week for the Omnicom Group (OMC). During the week, the OMC gained 5.53 points, or 7.57%, and closed at 78.62 on Thursday, July 2, 2026. It was the best weekly gain since February 20, 2026. Weekly volume was 22% above average.
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 30.22% retracement level.
Medium-term trend: [See OMC medium-term trend chart] A medium-term downtrend had started on March 5, 2026 at 87.17 and reached 69.98 on May 20, 2026. OMC lost 17.19 points, or 19.72%, in 10 weeks. The price is now at the 50.26% retracement level.
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 and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 78.77 on July 2, 2026. OMC gained -8.48 points, or -12.06%, in 10 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (73.19) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 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 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 price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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