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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 2022-05-09 View latest technical analysis

10 day averaged volume of Olympic Oil is 32

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 35.95 35.95 35.95 35.95 0.688 times
06 Fri May 2022 35.95 35.95 35.95 35.95 0.625 times
05 Thu May 2022 36.65 36.65 36.65 36.65 0.094 times
04 Wed May 2022 36.65 36.65 36.65 36.65 0.031 times
02 Mon May 2022 36.65 36.65 36.65 36.65 0.094 times
29 Fri Apr 2022 36.65 36.65 36.65 36.65 0.156 times
28 Thu Apr 2022 36.65 36.65 36.65 36.65 3.625 times
27 Wed Apr 2022 36.65 36.65 36.65 36.65 0.844 times
26 Tue Apr 2022 36.65 36.65 36.65 36.65 3.906 times
25 Mon Apr 2022 36.65 36.65 36.65 36.65 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 36, but if it comes above 36, then a intra day buy could be more profitable.
If you take a sell trade below 36, then use 36 as stoploss and 35.4 as target. However if you take a buy trade in stock , then use 36 as stoploss and 36.53 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 33.35
Downside Target 35.20
Downside Target 35.95
Upside Target 36.65
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 35.95
Downside Intraday Target 35.95
Downside Intraday Target 35.95
Downside Intraday Target 35.95
Downside Intraday Target 35.95

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 35.95 35.95 35.95 35.95 0.815 times
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

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
09 Mon May 2022 35.95 36.65 36.65 35.95 0.025 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 16, 59, 58 Sell
MACD -1, -1Buy
Stochastics NANNone
CCI -167Sell
RSI 57Buy
OBV 138Sell
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 losing 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 below 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 selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.56 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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