OLEMA PHARMACEUTICALS INC (OLMA) Stock Technical Analysis
NASDAQ:OLMA - Nasdaq - US68062P1066 - Common Stock - Currency: USD
Taking everything into account, OLMA scores 0 out of 10 in our technical rating. OLMA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OLMA is a bad performer in the overall market: 97% of all stocks are doing better.
OLMA is one of the lesser performing stocks in the Biotechnology industry. 76% of 571 stocks in the same industry do better.
OLMA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OLMA is lagging the market.
OLMA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
OLMA has an average volume of 1215030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of OLMA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.77
9.23
2 important support areas can be observed.
- Support @4.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.82 to 4.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.11 to 5.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.45 from a trend line in the daily time frame.
- Resistance @9.14 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.48
Mansfield-5.56
10 Day High6.4
10 Day Low4.77
20 Day High6.7
20 Day Low4.77
52 Week High16.62
52 Week Low4.6
Performance
1 Week3.31%
2 Weeks-20.16%
1 Month-14.7%
3 Month-43.17%
6 Month-58.24%
12 Month-63.01%
2 Year21.71%
3 Year6.62%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)38.98
LBB4.3
UBB6.57
NASDAQ:OLMA (2/24/2025, 2:56:41 PM)
4.97
-0.02 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.4%
1 Week3.31%
2 Weeks-20.16%
1 Month-14.7%
3 Month-43.17%
6 Month-58.24%
12 Month-63.01%
2 Year21.71%
3 Year6.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%9.02%
ATR Inc-48.25%
Range Today0.28
ADR(20)0.45
ADR(20)%9.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.48
Mansfield-5.56
10 Day High6.4
10 Day Low4.77
20 Day High6.7
20 Day Low4.77
52 Week High16.62
52 Week Low4.6
CS1 End4.96
CR1 Start5.11
Volume & EV
DER(3)-1.47%
DER(5)0.35%
Volume380.27K
Volume Incr-48.46%
Vol(5)577.22K
Vol(50)1.22M