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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 2024-05-24 View latest technical analysis

10 day averaged volume of Olympic Oil is 960

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	59.20	59.20	59.20	59.20	0.004 times
23 Thu May 2024	60.40	60.40	60.40	60.40	0.013 times
22 Wed May 2024	61.63	60.41	61.63	60.41	0.188 times
21 Tue May 2024	61.64	56.26	62.18	56.26	2.703 times
18 Sat May 2024	59.22	59.24	59.24	59.22	0.054 times
17 Fri May 2024	56.42	56.89	56.89	56.42	0.163 times
16 Thu May 2024	56.89	57.00	58.65	55.00	0.533 times
15 Wed May 2024	55.88	53.43	56.10	53.43	1.505 times
14 Tue May 2024	53.43	51.00	53.43	51.00	1.708 times
13 Mon May 2024	50.89	46.05	50.89	46.05	3.131 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.5, but if it comes below 58.5, then a intra day sell could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 54.19 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 63.6 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	50.46
Downside Target	53.12
Downside Target	53.13
Downside Target	56.26
Upside Target	59.24
Upside Target	62.18

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Intraday Target	56.25
Downside Intraday Target	53.29
Upside Intraday Target	62.17
Upside Intraday Target	65.13
Upside Intraday Target	59.21

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	59.20	56.26	62.18	56.26	0.41 times
18 Sat May 2024	59.22	46.05	59.24	46.05	400.647 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

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
24 Fri May 2024	59.20	49.47	62.18	46.05	2.942 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, and volume has increased substantially. This means that the move can 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 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 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 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 losing momentum.

MACD generated a BUY signal for Olympic Oil in short term and the buy signal is strong.

Olympic Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 55.65 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 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.