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Omnicom Group Has Returned 18.5% Since SmarTrend Recommendation (OMC)
Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Omnicom Group (NYSE:OMC) on November 28th, 2012 at $48.27. In approximately 3 months, Omnicom Group has returned 18.51% as of today's recent price of $57.20.
Over the past year, Omnicom Group has traded in a range of $45.11 to $58.16 and is now at $57.20, 27% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.
Omnicom Group Inc. provides advertising, marketing and corporate communications services. The Company's agencies, which operate in major markets around the world, provide a comprehensive range of services including traditional media advertising, customer relationship management (CRM), public relations, and specialty communications.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Omnicom Group shares.Log in and add Omnicom Group (OMC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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