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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 2024-09-20 View latest technical analysis

10 day averaged volume of Omnicom Group is 1087950

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	102.30	103.01	103.33	101.53	3.644 times
19 Thu Sep 2024	103.90	103.89	104.80	103.59	1.323 times
18 Wed Sep 2024	102.61	102.13	103.58	102.00	0.828 times
17 Tue Sep 2024	101.73	101.98	102.75	101.03	0.873 times
16 Mon Sep 2024	101.09	100.83	102.00	100.49	1.103 times
13 Fri Sep 2024	99.97	98.82	100.23	98.82	0.665 times
12 Thu Sep 2024	98.55	97.96	98.81	97.08	1.158 times
11 Wed Sep 2024	98.29	99.14	99.38	97.17	0.955 times
10 Tue Sep 2024	99.53	99.05	99.95	98.57	0.866 times
09 Mon Sep 2024	98.90	99.01	99.38	98.03	1.254 times

Stock of Omnicom Group (OMC) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 101.5, but if it comes below 101.5, then a intra day sell could be more profitable.
If you take a sell trade below 101.5, then use 101.5 as stoploss and 99.99 as target. However if you take a buy trade in stock , then use 101.5 as stoploss and 103.4 as target.

Share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Target	87.28
Downside Target	90.33
Downside Target	93.40
Downside Target	97.08
Downside Target	100.23
Downside Target	100.49
Downside Target	100.61
Downside Target	102.13
Upside Target	104.80

Intraday share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Intraday Target	100.26
Downside Intraday Target	98.22
Upside Intraday Target	104.57
Upside Intraday Target	106.84
Upside Intraday Target	102.53

Weekly technical analysis of Omnicom Group (OMC)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	102.30	100.83	104.80	100.49	1.587 times
13 Fri Sep 2024	99.97	99.01	100.23	97.08	1.091 times
06 Fri Sep 2024	98.74	100.03	102.13	98.21	3.529 times
30 Fri Aug 2024	100.43	99.00	100.61	98.66	0.263 times
30 Fri Aug 2024	100.43	98.86	100.61	98.20	1.439 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Omnicom Group (OMC)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	102.30	100.03	104.80	97.08	0.651 times
30 Fri Aug 2024	100.43	98.14	100.61	88.08	0.727 times
31 Wed Jul 2024	98.04	89.62	98.71	87.28	1.231 times
28 Fri Jun 2024	89.70	92.78	93.40	87.47	1.07 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Omnicom Group ( (OMC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Omnicom Group ( (OMC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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

Omnicom Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Omnicom Group in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 101.05 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 positive

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