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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)

Showing technical analysis as on 2021-11-22 View latest technical analysis

10 day averaged volume of Olympic Oil is 206

Date Daily Closing Price Open High Low Volume
22 Mon Nov 2021 46.10 46.10 46.10 46.10 0.039 times
17 Wed Nov 2021 46.15 46.30 46.30 46.15 0.136 times
12 Fri Nov 2021 47.20 48.30 48.30 47.20 0.097 times
11 Thu Nov 2021 48.30 48.30 48.30 48.30 0.005 times
10 Wed Nov 2021 48.35 47.00 48.80 47.00 4.218 times
09 Tue Nov 2021 46.55 46.75 46.75 46.55 1.738 times
08 Mon Nov 2021 49.00 49.00 49.00 49.00 0.005 times
28 Thu Oct 2021 49.00 47.00 49.00 47.00 3.398 times
27 Wed Oct 2021 49.10 52.50 52.50 47.50 0.364 times
22 Fri Oct 2021 50.00 50.00 50.00 50.00 0.049 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.3, but if it comes above 46.3, then a intra day buy could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 44.5 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 47.77 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 42.45
Downside Target 46.10
Upside Target 49.00
Upside Target 50.10
Upside Target 52.50
Upside Target 53.00
Upside Target 53.25
Upside Target 53.90
Upside Target 55.90
Upside Target 56.05

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 46.1
Downside Intraday Target 46.1
Downside Intraday Target 46.1
Downside Intraday Target 46.1
Downside Intraday Target 46.1

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
22 Mon Nov 2021 46.10 46.10 46.10 46.10 0.286 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
22 Fri Oct 2021 50.00 44.65 50.10 42.45 38.231 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
22 Mon Nov 2021 46.10 49.00 49.00 46.10 0.318 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
10 Tue Aug 2021 54.00 55.90 55.90 53.90 1.821 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 21, 43, 35 Sell
MACD -3, -3Buy
Stochastics 4Sell
CCI -115Sell
RSI 64Buy
OBV 2640Sell
VWAP 48Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

Olympic Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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 48.24 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.

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Daily charts

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Daily chart

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