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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 2022-05-06 View latest technical analysis

10 day averaged volume of Olympic Oil is 34

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 35.95 35.95 35.95 35.95 0.588 times
05 Thu May 2022 36.65 36.65 36.65 36.65 0.088 times
04 Wed May 2022 36.65 36.65 36.65 36.65 0.029 times
02 Mon May 2022 36.65 36.65 36.65 36.65 0.088 times
29 Fri Apr 2022 36.65 36.65 36.65 36.65 0.147 times
28 Thu Apr 2022 36.65 36.65 36.65 36.65 3.412 times
27 Wed Apr 2022 36.65 36.65 36.65 36.65 0.794 times
26 Tue Apr 2022 36.65 36.65 36.65 36.65 3.676 times
25 Mon Apr 2022 36.65 36.65 36.65 36.65 0.588 times
22 Fri Apr 2022 36.65 36.65 36.65 36.65 0.059 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 35.9 as stoploss in an intra day buy trade for a target of 36.48. However, stock will show a bearish move below 35.9.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 33.35
Downside Target 35.20
Downside Target 35.95
Upside Target 37.35
Upside Target 37.45
Upside Target 37.50
Upside Target 38.25
Upside Target 38.90
Upside Target 44.10
Upside Target 44.95

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 35.72
Downside Intraday Target 35.48
Upside Intraday Target 36.42
Upside Intraday Target 36.88
Upside Intraday Target 36.18

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 35.95 36.65 36.65 35.95 0.092 times
29 Fri Apr 2022 36.65 36.65 36.65 36.65 2.483 times
22 Fri Apr 2022 36.65 36.65 36.65 36.65 0.437 times
13 Wed Apr 2022 37.40 35.70 37.45 33.95 0.221 times
08 Fri Apr 2022 35.00 34.80 37.50 33.35 9.614 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
06 Fri May 2022 35.95 36.65 36.65 35.95 0.014 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
25 Fri Feb 2022 38.90 38.95 44.95 38.90 0.388 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 14, 58, 62 Sell
MACD -1, -1Buy
Stochastics NANNone
CCI -333Sell
RSI 57Buy
OBV 386Sell
VWAP 37Sell
ADL 0Sell
ROC -2Sell
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

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.

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 negative zone. This is the SELL zone

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 36.61 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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