(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 2022-05-13 View latest technical analysis
10 day averaged volume of Olympic Oil is 34
Date | Daily Closing Price | Open | High | Low | Volume |
13 Fri May 2022 | 35.05 | 35.05 | 35.05 | 35.05 | 1.029 times |
10 Tue May 2022 | 35.90 | 35.95 | 35.95 | 35.90 | 0.5 times |
09 Mon May 2022 | 35.95 | 35.95 | 35.95 | 35.95 | 0.647 times |
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 |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 35.3, for a target of 36 or 36.49
Share price targets for Olympic Oil (OlympicOil)
Target Type | Value |
Downside Target | 33.35 |
Downside Target | 35.05 |
Upside 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 | 34.75 |
Downside Intraday Target | 34.45 |
Upside Intraday Target | 35.65 |
Upside Intraday Target | 36.25 |
Upside Intraday Target | 35.35 |
Weekly technical analysis of Olympic Oil (OlympicOil)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Fri May 2022 | 35.05 | 35.95 | 35.95 | 35.05 | 2.741 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, 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 |
13 Fri May 2022 | 35.05 | 36.65 | 36.65 | 35.05 | 0.051 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, 71, 67 | Sell |
MACD | -1, -1 | Sell |
Stochastics | 0 | Sell |
CCI | -183 | Sell |
RSI | 60 | Buy |
OBV | 71 | Sell |
VWAP | 36 | Sell |
ADL | 0 | Sell |
ROC | -4 | Sell |
Force Index | 0 | Sell |
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 SELL signal for Olympic Oil in short term and the sell signal is strong.
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 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 36.26 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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