(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 2022-05-24 View latest technical analysis
10 day averaged volume of Olympic Oil is 39
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 31.65 | 31.65 | 31.65 | 31.65 | 0.154 times |
| 20 Fri May 2022 | 31.65 | 31.65 | 31.65 | 31.65 | 0.667 times |
| 19 Thu May 2022 | 31.65 | 31.65 | 31.65 | 31.65 | 0.128 times |
| 18 Wed May 2022 | 31.65 | 31.65 | 31.65 | 31.65 | 0.051 times |
| 17 Tue May 2022 | 31.65 | 33.30 | 33.30 | 31.65 | 5.744 times |
| 16 Mon May 2022 | 33.30 | 33.30 | 33.30 | 33.30 | 0.974 times |
| 13 Fri May 2022 | 35.05 | 35.05 | 35.05 | 35.05 | 0.897 times |
| 10 Tue May 2022 | 35.90 | 35.95 | 35.95 | 35.90 | 0.436 times |
| 09 Mon May 2022 | 35.95 | 35.95 | 35.95 | 35.95 | 0.564 times |
| 06 Fri May 2022 | 35.95 | 35.95 | 35.95 | 35.95 | 0.513 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.9, but if it comes above 32.9, then a intra day buy could be more profitable.
If you take a sell trade below 32.9, then use 32.9 as stoploss and 30.4 as target. However if you take a buy trade in stock , then use 32.9 as stoploss and 35.05 as target.
Share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Target | 31.65 |
| Upside Target | 33.30 |
| Upside Target | 35.05 |
| Upside Target | 35.95 |
| Upside Target | 36.65 |
| Upside Target | 37.35 |
| 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 | 31.65 |
| Downside Intraday Target | 31.65 |
| Downside Intraday Target | 31.65 |
| Downside Intraday Target | 31.65 |
| Downside Intraday Target | 31.65 |
Weekly technical analysis of Olympic Oil (OlympicOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 31.65 | 31.65 | 31.65 | 31.65 | 0.02 times |
| 20 Fri May 2022 | 31.65 | 33.30 | 33.30 | 31.65 | 3.986 times |
| 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 |
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 |
| 24 Tue May 2022 | 31.65 | 36.65 | 36.65 | 31.65 | 0.203 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 | 12, 85, 75 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 0 | Sell |
| CCI | -69 | Sell |
| RSI | 56 | Buy |
| OBV | -334 | Sell |
| VWAP | 33 | Sell |
| ADL | 0 | Sell |
| ROC | -14 | 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short to mid 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.
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 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
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 buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 32.75 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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