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(OlympicOil) Olympic Oil complete technical analysis [charts+indicators] | Buy/Sell Olympic Oil | (OlympicOil) share price targets

Complete technical analysis of Olympic Oil (OlympicOil) by charts plus indicators, forecast predictions and share price targets for Olympic Oil (OlympicOil)

10 day averaged volume of Olympic Oil is 44

Date Daily Closing Price Open High Low Volume
27 Mon Jun 2022 28.15 28.15 28.15 28.15 2.045 times
24 Fri Jun 2022 28.15 28.15 28.15 28.15 0.341 times
23 Thu Jun 2022 27.60 29.00 29.00 27.55 1.364 times
22 Wed Jun 2022 29.00 29.00 29.00 29.00 3.636 times
21 Tue Jun 2022 29.30 29.30 29.30 29.30 0.114 times
20 Mon Jun 2022 29.30 29.30 29.30 29.30 0.091 times
15 Wed Jun 2022 29.30 29.30 29.30 29.30 0.091 times
14 Tue Jun 2022 29.30 29.30 29.30 29.30 0.045 times
13 Mon Jun 2022 29.50 29.60 29.60 29.50 2.386 times
09 Thu Jun 2022 29.00 29.90 30.00 29.00 0.864 times

Stock of Olympic Oil (OlympicOil) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.6, but if it comes above 28.6, then a intra day buy could be more profitable.
If you take a sell trade below 28.6, then use 28.6 as stoploss and 27.3 as target. However if you take a buy trade in stock , then use 28.6 as stoploss and 29.73 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 27.55
Downside Target 28.15
Upside Target 29.00
Upside Target 31.25
Upside Target 33.35
Upside Target 35.20
Upside Target 36.65
Upside Target 37.50
Upside Target 38.25
Upside Target 38.90
Upside Target 44.95

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 28.15
Downside Intraday Target 28.15
Downside Intraday Target 28.15
Downside Intraday Target 28.15
Downside Intraday Target 28.15

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
27 Mon Jun 2022 28.15 28.15 28.15 28.15 0.369 times
24 Fri Jun 2022 28.15 29.30 29.30 27.55 2.198 times
15 Wed Jun 2022 29.30 29.60 29.60 29.30 1.291 times
09 Thu Jun 2022 29.00 31.25 31.25 29.00 0.209 times
01 Wed Jun 2022 31.25 29.80 31.25 28.35 4.682 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Olympic Oil (OlympicOil)

Date Monthly Closing Price Open High Low Volume
27 Mon Jun 2022 28.15 31.05 31.25 27.55 0.865 times
31 Tue May 2022 31.05 36.65 36.65 28.35 0.385 times
29 Fri Apr 2022 36.65 35.20 37.50 33.35 1.866 times
30 Wed Mar 2022 35.20 38.00 38.25 35.20 1.09 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Olympic Oil (OlympicOil)

Indicator Name Indicator Value Indicator Signal
ADX 11, 66, 72 Sell
MACD -3, -3Sell
Stochastics 17Sell
CCI -107Sell
RSI 55Buy
OBV 156Sell
VWAP 29Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Olympic Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Olympic Oil in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Olympic Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Olympic Oil in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Olympic Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.76 and Olympic Oil (OlympicOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Olympic Oil (OlympicOil) stock. Volume based technical analysis of Olympic Oil (OlympicOil) stock is negative.

Olympic Oil Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Olympic Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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