While this happened, D. Boral Capital initiated its Omeros Corporation [OMER] rating to a Buy in a research note published on December 23, 2024; the price target was $36. A number of analysts have revised their coverage, including Rodman & Renshaw’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. UBS also remained covering OMER and has decreased its forecast on December 08, 2022 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 08, 2022. It rated OMER as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of OMER
On Tuesday, Omeros Corporation [NASDAQ:OMER] saw its stock fall -6.90% to $6.34. Over the last five days, the stock has lost -12.07%. Omeros Corporation shares have fallen nearly -35.83% since the year began. Nevertheless, the stocks have risen 70.43% over the past one year. While a 52-week high of $13.60 was reached on 01/03/25, a 52-week low of $3.00 was recorded on 04/09/25. SMA at 50 days reached $7.68, while 200 days put it at $6.80.
Levels Of Support And Resistance For OMER Stock
The 24-hour chart illustrates a support level at 6.04, which if violated will result in even more drops to 5.74. On the upside, there is a resistance level at 6.86. A further resistance level may holdings at 7.38. The Relative Strength Index (RSI) on the 14-day chart is 37.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.33%. Stochastics %K at 29.81% indicates the stock is a holding.
