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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 2024-07-22 View latest technical analysis

10 day averaged volume of Olympic Oil is 881

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	52.11	52.64	52.64	52.11	0.006 times
19 Fri Jul 2024	53.71	54.28	54.28	51.70	0.031 times
16 Tue Jul 2024	51.70	50.25	51.70	50.25	0.019 times
15 Mon Jul 2024	52.75	53.29	53.29	52.75	0.006 times
12 Fri Jul 2024	54.38	54.41	54.41	54.00	0.234 times
11 Thu Jul 2024	54.96	53.99	54.96	53.99	0.47 times
10 Wed Jul 2024	55.52	58.42	58.42	55.00	0.235 times
09 Tue Jul 2024	55.64	51.38	56.74	51.37	1.179 times
08 Mon Jul 2024	54.07	55.76	55.76	54.07	0.143 times
05 Fri Jul 2024	56.91	55.51	57.70	52.22	3.412 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.3, but if it comes above 52.3, then a intra day buy could be more profitable.
If you take a sell trade below 52.3, then use 52.3 as stoploss and 49.8 as target. However if you take a buy trade in stock , then use 52.3 as stoploss and 54.41 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	16.67
Downside Target	34.56
Downside Target	36.28
Downside Target	46.05
Downside Target	47.83
Downside Target	50.25
Downside Target	51.37
Upside Target	54.28
Upside Target	57.70
Upside Target	58.42
Upside Target	59.69
Upside Target	61.36
Upside Target	62.18

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Intraday Target	51.93
Downside Intraday Target	51.76
Upside Intraday Target	52.46
Upside Intraday Target	52.82
Upside Intraday Target	52.29

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	52.11	52.64	52.64	52.11	0.102 times
19 Fri Jul 2024	53.71	53.29	54.28	50.25	0.025 times
12 Fri Jul 2024	54.38	55.76	58.42	51.37	0.189 times
05 Fri Jul 2024	56.91	50.34	57.70	47.83	20.258 times
28 Fri Jun 2024	52.98	59.69	59.69	52.98	0.939 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
22 Mon Jul 2024	52.11	50.34	58.42	47.83	10.389 times
28 Fri Jun 2024	52.98	57.97	61.36	52.98	0.125 times
31 Fri May 2024	56.84	49.47	62.18	46.05	2.956 times
26 Fri Apr 2024	50.47	36.28	53.13	36.28	1.638 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Olympic Oil in short term and the sell signal is strong.

Olympic Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 56.21 and Olympic Oil (OlympicOil) stock is trading below this level. This means that stock is falling with high volumes. 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 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.