(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 2022-11-28 View latest technical analysis
10 day averaged volume of Olympic Oil is 15
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 25.00 | 24.70 | 25.00 | 24.70 | 0.533 times |
| 22 Tue Nov 2022 | 23.90 | 23.90 | 23.90 | 23.90 | 4.067 times |
| 21 Mon Nov 2022 | 23.90 | 23.90 | 23.90 | 23.90 | 3.333 times |
| 18 Fri Nov 2022 | 23.90 | 23.90 | 23.90 | 23.90 | 1 times |
| 17 Thu Nov 2022 | 23.90 | 23.90 | 23.90 | 23.90 | 0.133 times |
| 15 Tue Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.133 times |
| 09 Wed Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.333 times |
| 07 Mon Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.333 times |
| 03 Thu Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.533 times |
| 02 Wed Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.2 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.8, but if it comes below 24.8, then a intra day sell could be more profitable.
If you take a sell trade below 24.8, then use 24.8 as stoploss and 24.26 as target. However if you take a buy trade in stock , then use 24.8 as stoploss and 25.4 as target.
Share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Target | 23.90 |
| Downside Target | 24.70 |
| Downside Target | 25.00 |
| Upside Target | 25.20 |
| Upside Target | 26.00 |
| Upside Target | 26.05 |
| Upside Target | 27.00 |
Intraday share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Intraday Target | 24.8 |
| Downside Intraday Target | 24.6 |
| Upside Intraday Target | 25.1 |
| Upside Intraday Target | 25.2 |
| Downside Intraday Target | 24.9 |
Weekly technical analysis of Olympic Oil (OlympicOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 25.00 | 24.70 | 25.00 | 24.70 | 0.072 times |
| 22 Tue Nov 2022 | 23.90 | 23.90 | 23.90 | 23.90 | 5.842 times |
| 18 Fri Nov 2022 | 23.90 | 23.95 | 23.95 | 23.90 | 1.9 times |
| 09 Wed Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.909 times |
| 03 Thu Nov 2022 | 23.95 | 23.95 | 23.95 | 23.95 | 0.297 times |
Price has moved up 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 |
| 28 Mon Nov 2022 | 25.00 | 23.95 | 25.00 | 23.90 | 0.591 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 | 70, 39, 28 | Buy |
| MACD | -1, -1 | Buy |
| Stochastics | 33 | None |
| CCI | 333 | Buy |
| RSI | 53 | Buy |
| OBV | -243 | Sell |
| VWAP | 24 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| 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
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Olympic Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
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 23.96 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 is giving positive 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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