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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 32

Date Daily Closing Price Open High Low Volume
03 Fri Dec 2021 45.90 45.10 46.00 45.10 1.938 times
30 Tue Nov 2021 46.10 46.10 46.10 46.10 7.344 times
29 Mon Nov 2021 46.10 46.10 46.10 46.10 0.063 times
26 Fri Nov 2021 46.10 46.10 46.10 46.10 0.469 times
25 Thu Nov 2021 46.10 46.10 46.10 46.10 0.125 times
24 Wed Nov 2021 46.10 46.10 46.10 46.10 0.031 times
23 Tue Nov 2021 46.10 46.10 46.10 46.10 0.031 times
22 Mon Nov 2021 46.10 46.10 46.10 46.10 0.25 times
17 Wed Nov 2021 46.15 46.30 46.30 46.15 0.875 times
12 Fri Nov 2021 47.20 48.30 48.30 47.20 0.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46, but if it comes above 46, then a intra day buy could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 44.1 as target. However if you take a buy trade in stock , then use 46 as stoploss and 47.57 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 42.45
Downside Target 45.10
Upside Target 46.00
Upside Target 47.00
Upside Target 49.00
Upside Target 52.50
Upside Target 53.00
Upside Target 53.90
Upside Target 55.90

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 45.3
Downside Intraday Target 44.7
Upside Intraday Target 46.3
Upside Intraday Target 46.7
Downside Intraday Target 45.7

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
03 Fri Dec 2021 45.90 46.10 46.10 45.10 10.31 times
26 Fri Nov 2021 46.10 46.10 46.10 46.10 1.036 times
17 Wed Nov 2021 46.15 46.30 46.30 46.15 0.022 times
12 Fri Nov 2021 47.20 49.00 49.00 46.55 1.612 times
28 Thu Oct 2021 49.00 52.50 52.50 47.00 0.26 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Olympic Oil (OlympicOil)

Date Monthly Closing Price Open High Low Volume
03 Fri Dec 2021 45.90 45.10 46.00 45.10 0.04 times
30 Tue Nov 2021 46.10 49.00 49.00 46.10 0.381 times
28 Thu Oct 2021 49.00 47.00 52.50 42.45 1.673 times
28 Tue Sep 2021 47.00 53.00 53.00 43.20 23.716 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 18, 51, 48 Sell
MACD -3, -3Buy
Stochastics 8Sell
CCI -135Sell
RSI 66Buy
OBV 2588Sell
VWAP 46Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

MACD generated a BUY signal for Olympic Oil in short term but the buy signal is initial and weak.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.13 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 positive

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

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Daily charts

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Daily chart

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