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(OMC) Omnicom Group complete technical analysis [charts+indicators] | Buy/Sell Omnicom Group | (OMC) share price targets

Complete technical analysis of Omnicom Group (OMC) by charts plus indicators, forecast predictions and share price targets for Omnicom Group (OMC)

Omnicom Group trades in USA in Technology sector.

Showing technical analysis as on 2024-06-11 View latest technical analysis

10 day averaged volume of Omnicom Group is 1447320

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	89.65	89.38	89.79	88.70	0.961 times
10 Mon Jun 2024	89.96	90.14	90.42	89.14	0.926 times
07 Fri Jun 2024	91.09	90.57	92.01	90.19	0.959 times
06 Thu Jun 2024	90.96	91.28	91.54	90.62	0.636 times
05 Wed Jun 2024	91.31	91.31	91.70	90.45	0.835 times
04 Tue Jun 2024	91.22	90.00	91.61	90.00	0.858 times
03 Mon Jun 2024	90.36	92.78	93.40	90.12	1.044 times
31 Fri May 2024	92.96	90.57	93.15	90.57	1.42 times
30 Thu May 2024	90.72	91.51	91.62	90.33	1.12 times
29 Wed May 2024	91.12	92.36	92.62	91.03	1.096 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 90.7, but if it comes above 90.7, then a intra day buy could be more profitable.
If you take a sell trade below 90.7, then use 90.7 as stoploss and 87.6 as target. However if you take a buy trade in stock , then use 90.7 as stoploss and 93.27 as target.

Share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Target	84.43
Downside Target	87.68
Upside Target	93.40
Upside Target	93.96
Upside Target	95.10
Upside Target	95.79
Upside Target	96.57
Upside Target	97.25
Upside Target	97.49
Upside Target	98.06

Intraday share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Intraday Target	88.76
Downside Intraday Target	87.87
Upside Intraday Target	90.48
Upside Intraday Target	91.31
Downside Intraday Target	89.59

Weekly technical analysis of Omnicom Group (OMC)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	89.65	90.14	90.42	88.70	0.436 times
07 Fri Jun 2024	91.09	92.78	93.40	90.00	0.913 times
31 Fri May 2024	92.96	95.00	95.10	90.33	1.27 times
24 Fri May 2024	95.11	96.34	96.57	93.96	0.948 times
17 Fri May 2024	96.13	95.88	98.06	95.79	0.741 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Omnicom Group (OMC)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	89.65	92.78	93.40	88.70	0.3 times
31 Fri May 2024	92.96	92.85	98.06	90.33	0.827 times
30 Tue Apr 2024	92.84	97.09	97.25	89.75	0.958 times
28 Thu Mar 2024	96.76	88.37	97.49	87.68	1.139 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Omnicom Group (OMC)

Price action analysis of Omnicom Group ( (OMC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Omnicom Group ( (OMC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Omnicom Group ( (OMC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Omnicom Group ( (OMC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Omnicom Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Omnicom Group in short term and the sell signal is strong.

Omnicom Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Omnicom Group in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Omnicom Group is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.02 and Omnicom Group (OMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Omnicom Group (OMC) stock. Volume based technical analysis of Omnicom Group (OMC) stock is negative.

Omnicom Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.