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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 2024-07-09 View latest technical analysis

10 day averaged volume of Omnicom Group is 1241620

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	90.51	89.66	90.76	89.26	1.017 times
08 Mon Jul 2024	89.61	89.27	89.91	88.77	0.917 times
05 Fri Jul 2024	88.90	88.76	89.32	88.13	1.408 times
03 Wed Jul 2024	89.23	89.79	90.52	89.04	0.51 times
03 Wed Jul 2024	89.23	89.79	90.52	89.04	0.51 times
02 Tue Jul 2024	89.08	87.68	89.28	87.28	0.79 times
01 Mon Jul 2024	87.69	89.62	90.95	87.60	1.126 times
28 Fri Jun 2024	89.70	89.17	90.17	89.00	1.8 times
27 Thu Jun 2024	88.99	88.70	89.12	88.28	0.839 times
26 Wed Jun 2024	88.69	88.96	89.27	88.11	0.905 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90.5, but if it comes below 90.5, then a intra day sell could be more profitable.
If you take a sell trade below 90.5, then use 90.5 as stoploss and 89.59 as target. However if you take a buy trade in stock , then use 90.5 as stoploss and 91.5 as target.

Share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Target	87.28
Upside Target	90.76
Upside Target	90.95
Upside Target	91.42
Upside Target	92.45
Upside Target	93.40
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	89.27
Downside Intraday Target	88.02
Upside Intraday Target	91.26
Upside Intraday Target	92
Downside Intraday Target	90.01

Weekly technical analysis of Omnicom Group (OMC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	90.51	89.27	90.76	88.77	1.008 times
05 Fri Jul 2024	88.90	89.79	90.52	88.13	0.791 times
03 Wed Jul 2024	89.23	89.62	90.95	87.28	0.418 times
28 Fri Jun 2024	89.70	91.27	92.45	88.11	0.815 times
21 Fri Jun 2024	90.47	89.95	91.42	88.90	3.038 times

Price has moved up 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
09 Tue Jul 2024	90.51	89.62	90.95	87.28	0.243 times
28 Fri Jun 2024	89.70	92.78	93.40	87.47	1.07 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Omnicom Group ( (OMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Omnicom Group in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Omnicom Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Omnicom Group in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 89.18 and Omnicom Group (OMC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.