- OMC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $97.0 million.
- OMC has traded 1.9 million shares today.
- OMC is trading at 1.76 times the normal volume for the stock at this time of day.
- OMC crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in OMC with the Ticky from Trade-Ideas. See the FREE profile for OMC NOW at Trade-Ideas More details on OMC: Omnicom Group Inc., together with its subsidiaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. The stock currently has a dividend yield of 2.6%. OMC has a PE ratio of 18. Currently there are 4 analysts that rate Omnicom Group a buy, no analysts rate it a sell, and 7 rate it a hold.