(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 2022-08-26 View latest technical analysis
10 day averaged volume of Olympic Oil is 30
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Aug 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 2.7 times |
| 25 Thu Aug 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 0.567 times |
| 16 Tue Aug 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 0.6 times |
| 05 Fri Aug 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 3.333 times |
| 04 Thu Aug 2022 | 25.95 | 24.70 | 25.95 | 24.70 | 1.533 times |
| 03 Wed Aug 2022 | 24.75 | 24.75 | 24.75 | 24.75 | 0.267 times |
| 02 Tue Aug 2022 | 24.75 | 26.05 | 26.05 | 24.75 | 2.6 times |
| 29 Fri Jul 2022 | 26.05 | 26.05 | 26.05 | 26.05 | 0.1 times |
| 27 Wed Jul 2022 | 26.05 | 26.05 | 26.05 | 26.05 | 0.033 times |
| 26 Tue Jul 2022 | 26.05 | 26.05 | 26.05 | 26.05 | 0.567 times |
Stock of Olympic Oil (OlympicOil) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 25.5 or till 24.7. Use a stoploss of 26.11 and if the stock hits stoploss, then it can shoot up till 26.77
Share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Target | 24.70 |
| Downside Target | 26.00 |
| Upside Target | 26.30 |
| Upside Target | 27.00 |
| Upside Target | 27.55 |
| Upside Target | 28.35 |
| Upside Target | 31.25 |
| Upside Target | 33.35 |
| Upside Target | 36.65 |
| Upside Target | 37.50 |
Intraday share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Intraday Target | 26 |
| Downside Intraday Target | 26 |
| Downside Intraday Target | 26 |
| Downside Intraday Target | 26 |
| Downside Intraday Target | 26 |
Weekly technical analysis of Olympic Oil (OlympicOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Aug 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 0.5 times |
| 05 Fri Aug 2022 | 26.00 | 26.05 | 26.05 | 24.70 | 11.048 times |
| 29 Fri Jul 2022 | 26.05 | 26.05 | 26.05 | 26.05 | 1.105 times |
| 22 Fri Jul 2022 | 26.05 | 26.30 | 26.30 | 26.00 | 2.111 times |
| 14 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.053 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 |
| 26 Fri Aug 2022 | 26.00 | 26.05 | 26.05 | 24.70 | 1.589 times |
| 29 Fri Jul 2022 | 26.05 | 26.80 | 27.00 | 26.00 | 0.331 times |
| 27 Mon Jun 2022 | 28.15 | 31.05 | 31.25 | 27.55 | 0.869 times |
| 31 Tue May 2022 | 31.05 | 36.65 | 36.65 | 28.35 | 0.384 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 | 46, 58, 11 | Sell |
| MACD | -2, -3 | Buy |
| Stochastics | 96 | Buy |
| CCI | 44 | Sell |
| RSI | 51 | Buy |
| OBV | -72 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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 stronger in this stock.
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
Although the stock is in the SELL zone, but selling 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 25.71 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 rising upwards.
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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