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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 2024-01-16 View latest technical analysis

10 day averaged volume of Omnicom Group is 1420800

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	88.44	88.44	88.73	87.77	1.6 times
12 Fri Jan 2024	88.76	89.61	89.61	87.99	0.876 times
12 Fri Jan 2024	88.76	89.61	89.61	87.99	0.876 times
11 Thu Jan 2024	89.15	89.17	89.78	87.39	1.396 times
10 Wed Jan 2024	88.23	88.39	89.46	87.87	1.379 times
09 Tue Jan 2024	88.39	87.60	88.43	87.05	1.262 times
08 Mon Jan 2024	88.22	86.01	88.23	85.87	0.634 times
05 Fri Jan 2024	85.88	85.50	86.41	85.50	0.787 times
04 Thu Jan 2024	85.09	85.32	85.99	84.61	0.842 times
03 Wed Jan 2024	84.99	86.82	87.07	84.96	1.01 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 88.3, but if it comes below 88.3, then a intra day sell could be more profitable.
If you take a sell trade below 88.3, then use 88.3 as stoploss and 87.06 as target. However if you take a buy trade in stock , then use 88.3 as stoploss and 89.8 as target.

Share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Target	72.20
Downside Target	76.85
Downside Target	80.01
Downside Target	84.61
Downside Target	87.42
Downside Target	87.77
Downside Target	87.99
Upside Target	88.65
Upside Target	88.73
Upside Target	89.61
Upside Target	89.78

Intraday share price targets for Omnicom Group (OMC)

Target Type	Value
Downside Intraday Target	87.9
Downside Intraday Target	87.35
Upside Intraday Target	88.86
Upside Intraday Target	89.27
Downside Intraday Target	88.31

Weekly technical analysis of Omnicom Group (OMC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	88.44	88.44	88.73	87.77	1.825 times
12 Fri Jan 2024	88.76	89.61	89.61	87.99	0.158 times
12 Fri Jan 2024	88.76	86.01	89.78	85.87	1.551 times
05 Fri Jan 2024	85.88	86.25	87.42	84.61	6.657 times
29 Fri Dec 2023	86.51	86.73	86.92	86.07	0.241 times

Price has moved down 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
16 Tue Jan 2024	88.44	86.25	89.78	84.61	0.604 times
29 Fri Dec 2023	86.51	80.74	88.65	80.01	1.232 times
30 Thu Nov 2023	80.63	75.08	80.81	73.68	0.652 times
31 Tue Oct 2023	74.91	73.98	76.85	72.20	1.064 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 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 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 SELL signal for Omnicom Group in short term but the sell signal is initial and weak.

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 BUY signal in short term and the buying is gaining 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 87.76 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.