OUTSET MEDICAL INC (OM) Stock Technical Analysis
NASDAQ:OM - Nasdaq - US6901451079 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to OM. OM 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than OM.
OM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 79% of 190 stocks in the same industry do better.
OM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OM has an average volume of 1141910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OM has a been trading in the 0.73 - 1.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.80, a Stop Loss order could be placed below this zone.
More info and screens
0.75
0.98
We found 2 important support areas.
- A support zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.76 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.91 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS7.44
Mansfield-5.78
10 Day High1.08
10 Day Low0.73
20 Day High1.08
20 Day Low0.73
52 Week High5.22
52 Week Low0.44
Performance
1 Week6.77%
2 Weeks9.43%
1 Month1.79%
3 Month4.51%
6 Month23.56%
12 Month-76.47%
2 Year-96.16%
3 Year-98.01%
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)0.02
RSI(14)49.89
LBB0.73
UBB0.96
0.8754
-0.08 (-8.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-8.81%
1 Week6.77%
2 Weeks9.43%
1 Month1.79%
3 Month4.51%
6 Month23.56%
12 Month-76.47%
2 Year-96.16%
3 Year-98.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.84%
ATR Inc171.95%
Range Today0.12
ADR(20)0.08
ADR(20)%8.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.44
Mansfield-5.78
10 Day High1.08
10 Day Low0.73
20 Day High1.08
20 Day Low0.73
52 Week High5.22
52 Week Low0.44
CS1 End0.8
CR1 Start0.91
Volume & EV
DER(3)-10.13%
DER(5)-4.68%
Volume698.20K
Volume Incr175.15%
Vol(5)2.02M
Vol(50)1.14M