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Downtrend ExhaustionArchive - 4/25/2025 - 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 first positive week for the Omnicom Group (OMC). During the week, the OMC gained 1.68 points, or 2.29%, and closed at 74.92 on Friday, April 25, 2025. Weekly volume was 44% 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 (87.34) 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 Wedge chart pattern. The uptrend support line (85.76) 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 Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 downtrend had started on April 15, 2025 at 77.92 and reached 70.63 on April 16, 2025. OMC lost 7.29 points, or 9.36%, in 1 days. The price is now at the 58.85% retracement level.
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.
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