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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 2022-09-21 View latest technical analysis

10 day averaged volume of Olympic Oil is 38

Date Daily Closing Price Open High Low Volume
21 Wed Sep 2022 24.70 24.70 24.70 24.70 3.553 times
20 Tue Sep 2022 24.70 24.70 24.70 24.70 3.342 times
19 Mon Sep 2022 24.70 24.70 24.70 24.70 0.605 times
13 Tue Sep 2022 26.00 26.00 26.00 26.00 1.5 times
09 Fri Sep 2022 26.00 26.00 26.00 26.00 0.105 times
08 Thu Sep 2022 26.00 25.00 26.00 25.00 1.184 times
07 Wed Sep 2022 26.00 26.00 26.00 26.00 0.263 times
02 Fri Sep 2022 26.00 26.00 26.00 26.00 0.026 times
01 Thu Sep 2022 26.00 26.00 26.00 26.00 0.289 times
26 Fri Aug 2022 26.00 26.00 26.00 26.00 2.132 times

Stock of Olympic Oil (OlympicOil) has showed a significant fall. This could be a good time to exit from this stock.

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 24.5, for a target of 25.1 or 25.69

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 24.70
Upside Target 26.00
Upside Target 26.05
Upside Target 27.00
Upside Target 27.55
Upside Target 28.35
Upside Target 31.25
Upside Target 36.65

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 24.7
Downside Intraday Target 24.7
Downside Intraday Target 24.7
Downside Intraday Target 24.7
Downside Intraday Target 24.7

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
21 Wed Sep 2022 24.70 24.70 24.70 24.70 5 times
13 Tue Sep 2022 26.00 26.00 26.00 26.00 0.966 times
09 Fri Sep 2022 26.00 26.00 26.00 25.00 4.917 times
02 Fri Sep 2022 26.00 26.00 26.00 26.00 0.103 times
26 Fri Aug 2022 26.00 26.00 26.00 26.00 0.5 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
21 Wed Sep 2022 24.70 26.00 26.00 24.70 1.187 times
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

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 19, 85, 64 Sell
MACD -2, -2Buy
Stochastics 0Sell
CCI -111Sell
RSI 50Sell
OBV 60Sell
VWAP 25Sell
ADL 0Sell
ROC -5Sell
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Olympic Oil in short term but the buy signal is initial and weak.

Olympic Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 25.25 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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