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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 2024-10-23 View latest technical analysis

10 day averaged volume of Omnicom Group is 1542190

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	100.72	100.60	102.01	100.43	0.997 times
22 Tue Oct 2024	101.03	103.50	103.51	100.25	1.325 times
21 Mon Oct 2024	103.61	104.31	104.61	103.27	0.812 times
18 Fri Oct 2024	104.48	105.31	105.50	103.63	0.993 times
17 Thu Oct 2024	105.22	106.51	106.51	104.62	1.408 times
16 Wed Oct 2024	105.49	102.98	105.93	100.81	1.966 times
15 Tue Oct 2024	104.02	104.00	105.36	103.89	1.125 times
14 Mon Oct 2024	103.26	102.94	103.48	102.47	0.543 times
11 Fri Oct 2024	102.86	102.05	103.18	101.89	0.452 times
10 Thu Oct 2024	101.72	102.50	102.69	101.49	0.573 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 101.3, but if it comes above 101.3, then a intra day buy could be more profitable.
If you take a sell trade below 101.3, then use 101.3 as stoploss and 99.7 as target. However if you take a buy trade in stock , then use 101.3 as stoploss and 102.69 as target.

Share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Target	87.28
Downside Target	93.40
Downside Target	97.08
Upside Target	100.81
Upside Target	103.18
Upside Target	103.81
Upside Target	104.19
Upside Target	104.61
Upside Target	104.80
Upside Target	106.51

Intraday share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Intraday Target	99.11
Downside Intraday Target	97.5
Upside Intraday Target	103.47
Upside Intraday Target	106.22
Upside Intraday Target	101.86

Weekly technical analysis of Omnicom Group (OMC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	100.72	104.31	104.61	100.25	0.519 times
18 Fri Oct 2024	104.48	102.94	106.51	100.81	1.737 times
11 Fri Oct 2024	102.86	101.06	103.18	100.24	0.872 times
04 Fri Oct 2024	101.55	102.53	103.81	100.51	1.142 times
27 Fri Sep 2024	102.67	102.49	104.19	100.50	0.636 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
23 Wed Oct 2024	100.72	103.42	106.51	100.24	0.95 times
30 Mon Sep 2024	103.39	100.03	104.80	97.08	0.888 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

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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Omnicom Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 103.55 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 positive

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