Overall OMEX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, OMEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although OMEX has an excellent technical rating, it does not present a decent entry opportunity 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
1.75
3 important support areas can be observed.
- Support @1.91 from a trend line in the weekly time frame.
- Support @1.86 from a trend line in the daily time frame.
- Support @1.77 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.36 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.54 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OMEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMEX is up. |
| ChartMill Relative Strength | 99.48 | POSITIVE | OMEX has a high relative strength, it outperformed 99.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OMEX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.63 | NEUTRAL | The RSI value for OMEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OMEX has a positive trend. |
| Stochastics (14,3) | 96.56 | OVERBOUGHT | The high Stochastics value suggests OMEX may be overbought. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for OMEX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for OMEX suggests a weak or negative trend. |
2.35
+0.03 (+1.29%)
ODYSSEY MARINE EXPLORATION / OMEX FAQ
Can you provide the ChartMill technical rating for ODYSSEY MARINE EXPLORATION?
ChartMill assigns a technical rating of 10 / 10 to OMEX.
What is the trend direction for OMEX stock?
The current trend direction for ODYSSEY MARINE EXPLORATION (OMEX) is Bullish.
What is the RSI signal for OMEX stock?
ODYSSEY MARINE EXPLORATION (OMEX) has an RSI value of 58.625. This indicates that the stock is currently neutral.
What is the MACD signal for ODYSSEY MARINE EXPLORATION (OMEX) stock?
The MACD indicator for ODYSSEY MARINE EXPLORATION (OMEX) has a value of 0.0639724, indicating a bearish trend.
Can you provide the buy/sell signal for ODYSSEY MARINE EXPLORATION?
The buy/sell signal for ODYSSEY MARINE EXPLORATION (OMEX) is buy as both the short term and long term trends are positive.