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Is OM likely to continue lower? Fell Below 20 Day Moving Average shows up after plummeting 6.79%

Outset Medical, Inc. (OM) — Nightly Technical Analysis · Jun 29, 2026, 17:40 ET
OM posted a 6.79% loss on Monday, June 29th, accompanied by 1.9× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 4.15, 3.97 & 3.71, with resistance at 4.58, 4.84 & 5.02.

Current SwingTradeBot Technical Rating of OM: F

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Outset Medical, Inc. (OM)