Omnicom Group (OMC) Bearish Technical Alert - Trend Down 2.9%
Oct 28, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Omnicom Group, Inc. (OMC)
Omnicom Group (NYSE:OMC) is trading 1.7% lower (down $0.59 to $34.77) today on volume of 1,249,651 shares. The stock has traded within a 52-week range of $20.09 and $39.11.
Omnicom Group is currently below its 50-day moving average of $36.76 and should find support at its 200-day moving average of $30.96.
SmarTrend is bearish on shares of OMC and our subscribers received a Downtrend alert on October 02, 2009 at $35.82, which has returned 2.9% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Omnicom Group, Inc. (OMC)
Related terms: market, nyse, securities
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