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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 60

Date Daily Closing Price Open High Low Volume
07 Wed Dec 2022 24.95 24.95 24.95 24.95 0.05 times
06 Tue Dec 2022 24.95 24.95 24.95 24.95 7.333 times
05 Mon Dec 2022 24.95 25.00 25.00 24.95 0.15 times
28 Mon Nov 2022 25.00 24.70 25.00 24.70 0.133 times
22 Tue Nov 2022 23.90 23.90 23.90 23.90 1.017 times
21 Mon Nov 2022 23.90 23.90 23.90 23.90 0.833 times
18 Fri Nov 2022 23.90 23.90 23.90 23.90 0.25 times
17 Thu Nov 2022 23.90 23.90 23.90 23.90 0.033 times
15 Tue Nov 2022 23.95 23.95 23.95 23.95 0.033 times
09 Wed Nov 2022 23.95 23.95 23.95 23.95 0.083 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.9, but if it comes below 24.9, then a intra day sell could be more profitable.
If you take a sell trade below 24.9, then use 24.9 as stoploss and 24.33 as target. However if you take a buy trade in stock , then use 24.9 as stoploss and 25.5 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 23.90
Downside Target 24.70
Downside Target 24.95
Upside Target 25.00
Upside Target 25.20
Upside Target 26.00
Upside Target 26.05

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 24.93
Downside Intraday Target 24.92
Upside Intraday Target 24.98
Upside Intraday Target 25.02
Upside Intraday Target 24.97

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
07 Wed Dec 2022 24.95 25.00 25.00 24.95 56.5 times
28 Mon Nov 2022 25.00 24.70 25.00 24.70 0.072 times
22 Tue Nov 2022 23.90 23.90 23.90 23.90 5.842 times
18 Fri Nov 2022 23.90 23.95 23.95 23.90 1.9 times
09 Wed Nov 2022 23.95 23.95 23.95 23.95 0.909 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
07 Wed Dec 2022 24.95 25.00 25.00 24.95 2.843 times
28 Mon Nov 2022 25.00 23.95 25.00 23.90 0.591 times
12 Wed Oct 2022 23.95 25.20 25.20 23.95 0.589 times
29 Thu Sep 2022 25.20 26.00 26.00 24.00 1.313 times

Scroll below to view daily charts

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

Indicators analysis of Olympic Oil (OlympicOil)

Indicator Name Indicator Value Indicator Signal
ADX 71, 35, 33 Buy
MACD -1, -1Buy
Stochastics 95Buy
CCI 84Sell
RSI 56Buy
OBV -229Sell
VWAP 25Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 24.71 and Olympic Oil (OlympicOil) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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