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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 2022-09-23 View latest technical analysis

10 day averaged volume of Olympic Oil is 43

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 25.20 25.20 25.20 25.20 0.442 times
22 Thu Sep 2022 24.00 24.00 24.00 24.00 0.326 times
21 Wed Sep 2022 24.70 24.70 24.70 24.70 3.14 times
20 Tue Sep 2022 24.70 24.70 24.70 24.70 2.953 times
19 Mon Sep 2022 24.70 24.70 24.70 24.70 0.535 times
13 Tue Sep 2022 26.00 26.00 26.00 26.00 1.326 times
09 Fri Sep 2022 26.00 26.00 26.00 26.00 0.093 times
08 Thu Sep 2022 26.00 25.00 26.00 25.00 1.047 times
07 Wed Sep 2022 26.00 26.00 26.00 26.00 0.233 times
02 Fri Sep 2022 26.00 26.00 26.00 26.00 0.023 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.9 as stoploss in an intra day buy trade for a target of 25.54. However, stock will show a bearish move below 24.9.

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 24.00
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 24.4
Downside Intraday Target 23.6
Upside Intraday Target 25.6
Upside Intraday Target 26
Downside Intraday Target 24.8

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 25.20 24.70 25.20 24.00 5.579 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
23 Fri Sep 2022 25.20 26.00 26.00 24.00 1.282 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 43, 63, 19 Sell
MACD -2, -2Buy
Stochastics 20Sell
CCI -10Buy
RSI 51Buy
OBV 50Sell
VWAP 25Buy
ADL 0Sell
ROC -3Sell
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 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 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 moving up

CCI has generated a buy signal for Olympic Oil in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 25.05 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 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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