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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OMCL
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Green day on Thursday for Omnicell stock after gaining 2.91%
(Updated on Jun 20, 2024)

Sell candidate since Jun 17, 2024 Gain 1.25% PDF

The Omnicell stock price gained 2.91% on the last trading day (Thursday, 20th Jun 2024), rising from $27.46 to $28.26. During the last trading day the stock fluctuated 5.57% from a day low at $27.01 to a day high of $28.51. The price has fallen in 6 of the last 10 days and is down by -7.44% for this period. Volume fell on the last day by -88 thousand shares and in total, 435 thousand shares were bought and sold for approximately $12.29 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $27.42 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.70% during the next 3 months and, with a 90% probability hold a price between $30.08 and $36.55 at the end of this 3-month period.

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OMCL Signals & Forecast

There are mixed signals in the stock today. The Omnicell stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $30.22. On a fall, the stock will find some support from the short-term average at $28.17. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 3.78%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Omnicell stock

Omnicell finds support from accumulated volume at $27.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.51 between high and low, or 5.57%. For the last week, the stock has had daily average volatility of 5.85%.

Omnicell is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (OMCL) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Omnicell to open at $27.93, and during the day (based on 14 day Average True Range), to move between $26.93 and $29.59, which gives a possible trading interval of +/-$1.33 (+/-4.70%) up or down from last closing price. If Omnicell takes out the full calculated possible swing range there will be an estimated 9.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $27.91 (1.24%) than the resistance at $29.29 (3.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Omnicell stock A Buy?

Omnicell holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.898 Sell Candidate Unchanged

Predicted Opening Price for Omnicell of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$27.93 ( 1.19%) $28.26

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for OMCL

Fibonacci Support & Resistance Levels

Level Price
R3 29.43 4.14%
R2 28.86 2.11%
R1 28.50 0.85%
Price 28.26
S1 27.35 -3.22%
S2 26.99 -4.48%
S3 26.42 -6.51%

Accumulated Volume Support & Resistance Levels

Level Price
R3 30.13 6.62%
R2 29.98 6.09%
R1 29.29 3.64%
Price 28.26
S1 27.91 -1.24%
S2 27.89 -1.31%
S3 27.75 -1.80%

FAQ

What is the symbol for Omnicell Stock and on which exchange is it traded?
The symbol for Omnicell is OMCL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Omnicell Stock?
Omnicell holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Omnicell Stock?
Omnicell Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Omnicell Stock.

What's the current price of Omnicell Stock?
As of the end of day on the Jun 20, 2024, the price of an Omnicell (OMCL) share was $28.26.

What is the 52-week high and low for Omnicell Stock?
The 52-week high for Omnicell Stock is $75.07 and the 52-week low is $25.69.

What is the market capitalization of Omnicell Stock?
As of the Jun 20, 2024, the market capitalization of Omnicell is 1.261B.

When is the next earnings date for Omnicell?
The upcoming earnings date for Omnicell is Aug 06, 2024.
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About Omnicell

Omnicell Omnicell, Inc., together with its subsidiaries, provides medication management solutions and adherence tools for healthcare systems and pharmacies the United States and internationally. The company offers point of care automation solutions to improve clinician workflows in patient care areas of the healthcare system; XT Series automated dispensing systems for medications and supplies used in nursing units and other clinical areas of the hospital,... OMCL Profile

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