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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 2024-05-14 View latest technical analysis

10 day averaged volume of Olympic Oil is 380

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	53.43	51.00	53.43	51.00	4.316 times
13 Mon May 2024	50.89	46.05	50.89	46.05	7.911 times
10 Fri May 2024	48.47	48.47	48.47	48.47	0.008 times
07 Tue May 2024	48.48	48.48	48.48	48.48	0.026 times
06 Mon May 2024	49.46	49.46	49.46	49.46	0.011 times
02 Thu May 2024	50.46	49.47	50.46	49.47	0.029 times
26 Fri Apr 2024	50.47	50.47	50.47	50.47	0.013 times
25 Thu Apr 2024	51.49	51.49	51.49	51.49	0.395 times
23 Tue Apr 2024	51.99	53.11	53.11	51.99	0.124 times
22 Mon Apr 2024	52.07	53.12	53.12	52.07	1.229 times

Stock of Olympic Oil (OlympicOil) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.4, but if it comes below 52.4, then a intra day sell could be more profitable.
If you take a sell trade below 52.4, then use 52.4 as stoploss and 49.52 as target. However if you take a buy trade in stock , then use 52.4 as stoploss and 55.8 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	16.66
Downside Target	17.53
Downside Target	34.56
Downside Target	36.28
Downside Target	46.05
Downside Target	48.47
Downside Target	49.46
Downside Target	50.47
Downside Target	53.12
Downside Target	53.13
Downside Target	53.43

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Intraday Target	48.51
Downside Intraday Target	43.59
Upside Intraday Target	55.89
Upside Intraday Target	58.35
Downside Intraday Target	50.97

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	53.43	46.05	53.43	46.05	273.294 times
10 Fri May 2024	48.47	49.46	49.46	48.47	1.545 times
02 Thu May 2024	50.46	49.47	50.46	49.47	0.016 times
26 Fri Apr 2024	50.47	53.12	53.12	50.47	0.386 times
19 Fri Apr 2024	53.13	50.07	53.13	50.00	2.177 times

Price has moved up 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
14 Tue May 2024	53.43	49.47	53.43	46.05	1.428 times
26 Fri Apr 2024	50.47	36.28	53.13	36.28	1.638 times
28 Thu Mar 2024	34.56	17.50	34.56	16.67	76.846 times
22 Thu Feb 2024	16.67	16.67	16.67	16.67	0.228 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)

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Olympic Oil ( (OlympicOil) ) based on a mid to longer 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.

ADX buy sell signal for Olympic Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Olympic Oil in short term but the sell 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 51.79 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.