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Takip Edin: @UscMarketsOMC Stock Forecast & Omnicom Group Chart Analysis
This article provides a detailed analysis of OMC-Omnicom Group Inc. stock including a forecast for OMC shares. It features Omnicom Group Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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OMC Historical Data Review
OMC Current Price Performance Analysis
The Omnicom Group - OMC stock traded on the American stock market, on 06-05-2024, closed at 91.31$ with a %0.10 increased compared to the previous day.
In the last month, the price of OMC changed by %-2.02 decreased in value, from 93.19 dollars on 05-06-2024 to 91.31 dollars, decreased.
Last year, the price of OMC was 92.81 dollars on 06-06-2023, and changed by %-1.62 decreased in value, to 91.31 dollars decreased within a year.
The price of Omnicom Group stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
OMC with AI Stock Forecast & Price Target
On the OMC chart Omnicom Group price was recorded as 91.31 Dollars on 06/05/2024.
The artificial intelligence's forecast on OMC stock is as follows.
The artificial intelligence's prediction error margin for OMC stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Omnicom Group stock over the next 4 months is: 76.3 Dollars.
The commentary on OMC stock Target Price: Highest: 91.911 Dollars is predicted.
The commentary on OMC stock Target Price: Lowest: 64.65 Dollars is predicted.
Resistance Price where Omnicom Group stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 12-02-2024 | 77.594 |
Support Price where Omnicom Group stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 11-07-2024 | 75.931 |
| 03-07-2025 | 64.650 |
The commentary on OMC stock: The target price can generally be said to be on the decline.
The commentary on OMC stock: Fluctuations in the target price can be expected in the coming days.
The target price for Omnicom Group stock by the end of 2024 is predicted to be 73.087 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on OMC stock, and the 2024 target price predictions for Omnicom Group are detailed above.
The technical analysis and charts for the commentary on OMC stock are below.
OMC Support & Resistance and Trend Analysis
OMC stock you have reviewed the technical analysis support resistance charts regarding.
OMC : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the OMC review, the Omnicom Group support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Omnicom Group Support and Resistance Prices:
| OMC Support Level Price | OMC Resistance Level Price |
|---|---|
| 74.41 | 79.79 |
| 84.43 | 87.42 |
| 84.61 | 89.78 |
| 86.64 | 91.79 |
| 87.21 | 92.83 |
| 89.75 | 97.25 |
| 91.86 | 97.49 |
| 92.40 | 98.06 |
OMC Technical Analysis: SMA, RSI, MACD
Upon reviewing the OMC chart, buy and sell signals have been generated in the Omnicom Group technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for OMC stock are as follows:- OMC technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Omnicom Group gave a 'Buy' signal when the RSI was at 28.259, with the current RSI value at 29.18.
- The technical analysis for Omnicom Group indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Omnicom Group stock: Click here to read more predictions on Hologic stock.
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