(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 2022-10-12 View latest technical analysis
10 day averaged volume of Olympic Oil is 60
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Oct 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.017 times |
| 11 Tue Oct 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.6 times |
| 06 Thu Oct 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.017 times |
| 04 Tue Oct 2022 | 23.95 | 25.20 | 25.20 | 23.95 | 3.85 times |
| 29 Thu Sep 2022 | 25.20 | 25.20 | 25.20 | 25.20 | 0.017 times |
| 27 Tue Sep 2022 | 25.20 | 25.20 | 25.20 | 25.20 | 0.167 times |
| 23 Fri Sep 2022 | 25.20 | 25.20 | 25.20 | 25.20 | 0.317 times |
| 22 Thu Sep 2022 | 24.00 | 24.00 | 24.00 | 24.00 | 0.233 times |
| 21 Wed Sep 2022 | 24.70 | 24.70 | 24.70 | 24.70 | 2.25 times |
| 20 Tue Sep 2022 | 24.70 | 24.70 | 24.70 | 24.70 | 2.117 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.3, but if it comes above 24.3, then a intra day buy could be more profitable.
If you take a sell trade below 24.3, then use 24.3 as stoploss and 23.3 as target. However if you take a buy trade in stock , then use 24.3 as stoploss and 25.18 as target.
Share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Target | 23.95 |
| Upside Target | 24.70 |
| Upside Target | 25.20 |
| Upside Target | 26.00 |
| Upside Target | 26.05 |
| Upside Target | 27.00 |
| Upside Target | 27.55 |
| Upside Target | 31.25 |
Intraday share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Intraday Target | 23.95 |
| Downside Intraday Target | 23.95 |
| Downside Intraday Target | 23.95 |
| Downside Intraday Target | 23.95 |
| Downside Intraday Target | 23.95 |
Weekly technical analysis of Olympic Oil (OlympicOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Oct 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.159 times |
| 06 Thu Oct 2022 | 23.95 | 25.20 | 25.20 | 23.95 | 21.091 times |
| 29 Thu Sep 2022 | 25.20 | 25.20 | 25.20 | 25.20 | 0.035 times |
| 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 |
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 |
| 12 Wed Oct 2022 | 23.95 | 25.20 | 25.20 | 23.95 | 0.589 times |
| 29 Thu Sep 2022 | 25.20 | 26.00 | 26.00 | 24.00 | 1.313 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 |
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 | 33, 77, 39 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 0 | Sell |
| CCI | -80 | Sell |
| RSI | 50 | Buy |
| OBV | -149 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | 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 gaining momentum.
MACD generated a SELL signal for Olympic Oil in short term and the sell signal is strong.
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 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 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 24.36 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.
Click here for Olympic Oil charts
Click here for further forecast and predictions for tomorrow