Omnicom Group Breaks Above 200-Day Moving Average - Bullish for OMC

In trading on Tuesday, shares of Omnicom Group, Inc. ( OMC) crossed above their 200 day moving average of $68.96, changing hands as high as $69.10 per share. Omnicom Group, Inc. shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of OMC shares, versus its 200 day moving average:

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Omnicom Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, OMC's low point in its 52 week range is $59.70 per share, with $76.87 as the 52 week high point — that compares with a last trade of $68.86.

According to the ETF Finder at ETF Channel, OMC makes up 2.70% of the PowerShares Dynamic Media Portfolio ETF ( PBS) which is trading lower by about 0.6% on the day Tuesday.

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