SINGULAR GENOMICS SYSTEMS IN (OMIC)

US82933R3084 - Common Stock

19.55  -0.39 (-1.96%)

Technical Rating and Analysis

8

Overall OMIC gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Warning: OMIC has an average volume of 21464 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, OMIC did better than 90% of all other stocks.
OMIC is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry. OMIC outperforms 87% of them.
OMIC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OMIC is performing more or less in line with the market.
In the last month OMIC has a been trading in the 18.90 - 22.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OMIC Weekly chart
OMIC Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, OMIC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OMIC in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

19.21

22.26

We found 1 important support area.

  • A support zone ranging from 19.40 to 19.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 21.90 to 22.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.85
Mansfield3.29
10 Day High21.9
10 Day Low19.01
20 Day High22.15
20 Day Low18.9
52 Week High23.41
52 Week Low5.34
Performance
1 Week-2.25%
2 Weeks-2.35%
1 Month-10.73%
3 Month19.06%
6 Month85.98%
12 Month51.9%
2 Year-67.58%
3 Year-94.36%
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)-0.28
RSI(14)45.49
LBB18.93
UBB21.34
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
19.9919.390.60 (3.00%)25.00%
An entry @19.99. This is a Buy Stop order right above the 10 day moving average.An exit @19.39. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.60 points, which is 3.00%.For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of OMIC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OMIC Daily chart

SINGULAR GENOMICS SYSTEMS IN

NASDAQ:OMIC (12/20/2024, 8:00:02 PM)

19.55

-0.39 (-1.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.96%
1 Week-2.25%
2 Weeks-2.35%
1 Month-10.73%
3 Month19.06%
6 Month85.98%
12 Month51.9%
2 Year-67.58%
3 Year-94.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%4.54%
ATR Inc-10.18%
Range Today1.05
ADR(20)0.83
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.85
Mansfield3.29
10 Day High21.9
10 Day Low19.01
20 Day High22.15
20 Day Low18.9
52 Week High23.41
52 Week Low5.34
CS1 End19.54
CR1 Start21.9
Volume & EV
DER(3)7.31%
DER(5)-0.18%
Volume17.00K
Volume Incr-40.66%
Vol(5)8.06K
Vol(50)21.46K