Omnicom (OMC) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for OMC · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$81.81last close · Aug 4, 202652-week range $66.33 – $87.41 · 6.41% below the high

OMC Falling Wedge Pattern

OMC is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $82.74 (+10.4%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; OMC's own falling wedges have hit 63.6%.

DirectionBullishTarget$82.74Projected move+10.4%Breakout level$75.12

New to this pattern? What a falling wedge is and how to trade it →

OMC's Most Recent Falling Wedge Trade

OMC's most recent completed falling wedge resolved as a win: it broke higher on May 27, 2026 near $75.53, then reached its target at $79.21 on Jul 21, 2026 — a +0.66R move (4.9%) over 37 sessions. Across 151 backtested falling wedges, this setup wins 53.6% of the time.

OutcomeWinResult+0.66REntry$75.53Exit$79.21

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
OMC win rate
63.6%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

OMC Pattern Trade History

Every completed pattern trade our nightly backtest found on OMC's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMay 27, 2026 @ $75.53Jul 21, 2026 @ $79.21Win+0.66R
Falling WedgeDec 10, 2025 @ $73.71Dec 23, 2025 @ $78.70Win+1.29R
Rising WedgeOct 28, 2025 @ $77.14Dec 17, 2025 @ $82.70Loss-1.04R
Rising WedgeOct 8, 2025 @ $80.58Nov 3, 2025 @ $73.03Loss-1.16R
TriangleAug 22, 2025 @ $78.01Dec 4, 2025 @ $70.17Loss-1.06R
Falling WedgeJul 1, 2025 @ $72.20Jul 30, 2025 @ $72.65Win+0.12R
TriangleJun 2, 2025 @ $71.47Jul 23, 2025 @ $77.88Loss-1.08R
Falling WedgeApr 3, 2025 @ $78.19Apr 7, 2025 @ $71.34Win+1.43R
Falling WedgeMar 5, 2025 @ $82.09Mar 11, 2025 @ $82.51Win+0.17R
Rising WedgeOct 1, 2024 @ $101.60Oct 16, 2024 @ $105.49Loss-1.22R
Falling WedgeJul 9, 2024 @ $89.97Jul 17, 2024 @ $91.52Win+0.58R
TriangleMay 14, 2024 @ $97.02May 29, 2024 @ $91.12Loss-1.28R

OMC Support and Resistance Levels

Price found a floor near $71.52 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $98.30 — still about 20% away.

  • Traders commonly watch $98.30 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $71.52 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $71.21, resistance near $152.83. These are chart/swing-derived levels, not formula pivots.

Resistance
$152.83
Support
$71.21$68.36

OMC Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$78.90$82.02$78.81$81.81
Aug 3, 2026$79.70$82.59$79.04$79.27
Jul 31, 2026$78.40$80.07$78.10$78.70
Jul 30, 2026$79.73$80.34$76.46$79.61
Jul 29, 2026$83.63$84.41$80.00$82.58
Jul 28, 2026$83.04$87.41$83.04$86.22
Jul 27, 2026$80.96$82.76$80.91$82.41
Jul 24, 2026$78.84$80.21$78.09$79.66
Jul 23, 2026$78.86$79.32$77.89$77.90
Jul 22, 2026$79.31$80.11$79.04$79.38

OMC Frequently Asked Questions

What chart pattern is OMC forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Omnicom (OMC) on the daily chart, with a measured-move target of $82.74.
Is a falling wedge bullish or bearish?
The falling wedge detected on OMC is a bullish pattern, projecting a measured-move target of $82.74. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for OMC?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), OMC's nearest support is around $71.21 and nearest resistance around $152.83.
What is the price target if OMC's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $82.74 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was OMC's closing price on Aug 4, 2026?
Omnicom (OMC) last closed at $81.81 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.