A Deep Dive Into OMNOVA Solutions Inc. ($OMN) (2019-07-15)

NB: Before reading the OMNOVA Solutions Inc. analysis below, we’d like to bring your attention to some excellent services for trading stocks like this:

Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-OMN-investors (this is a fantastic tool – use this to analyze OMNOVA Solutions Inc. in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-OMN-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-OMN-investors
Trader HR: https://logistics-business-review.com/traderHR-for-OMN-investors

REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how OMNOVA Solutions Inc. ($OMN) has been trading over the last 2 weeks and the past day especially. On its latest session, OMNOVA Solutions Inc. ($OMN) opened at 10.02, reaching a high of 10.04 and a low of 9.97 before closing at a price of 9.97. There was a total volume of 1321465.

VOLUME INDICATORS: We saw an accumulation-distribution index of 129.82, an on-balance volume of 10.0, chaikin money flow of 6.0 and a force index of 0.0004. There was an ease of movement rating of -0.0, a volume-price trend of 4.01554 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.19584, bolinger bands of 10.02743, an upper bollinger band of 9.94257, lower bollinger band of 9.97, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 10.01, high band keltner channel of 9.99, low band keltner channel of 10.03, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 9.97, a donchian channel low band of 9.97, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.00067, a MACD signal of 0.00037, a MACD difference of 0.0003, a fast Exponential Moving Average (EMA) indicator of 9.97, a slow Exponential Moving Average (EMA) indicator of 9.97, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.37501, a trix of 34.01454, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -2.84293, a KST Oscillator (KST) of 398.89183 and a KST Oscillator (KST Signal) of 398.89183 (leaving a KST difference of 1.05233). We also found an Ichimoku rating of 10.03, an Ichimoku B rating of 10.03, a Ichimoku visual trend A of 7.46139, an Ichimoku visual trend B of 7.68408, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.27165, a stochastic oscillator of 350.0, a stochastic oscillator signal of 350.0, a Williams %R rating of 250.0 and an awesome oscillator of -0.00717.

RETURNS: There was a daily return of 39.88918, a daily log return of 0.30045 and a cumulative return of 0.3009.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for OMNOVA Solutions Inc. ($OMN)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on OMNOVA Solutions Inc., we strongly advise OMNOVA Solutions Inc. investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like OMNOVA Solutions Inc. – without this you are trading blind:

We will of course continue to cover the news and price action of OMNOVA Solutions Inc., but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling OMNOVA Solutions Inc. ($OMN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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