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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 2024-07-26 View latest technical analysis

10 day averaged volume of Olympic Oil is 196

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	50.78	50.89	50.89	48.00	1.495 times
25 Thu Jul 2024	48.50	48.50	48.50	48.50	0.082 times
24 Wed Jul 2024	49.49	50.52	50.52	49.49	2.633 times
23 Tue Jul 2024	50.53	51.07	54.70	50.00	2.811 times
22 Mon Jul 2024	52.11	52.64	52.64	52.11	0.026 times
19 Fri Jul 2024	53.71	54.28	54.28	51.70	0.138 times
16 Tue Jul 2024	51.70	50.25	51.70	50.25	0.087 times
15 Mon Jul 2024	52.75	53.29	53.29	52.75	0.026 times
12 Fri Jul 2024	54.38	54.41	54.41	54.00	1.051 times
11 Thu Jul 2024	54.96	53.99	54.96	53.99	2.112 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.8, but if it comes above 50.8, then a intra day buy could be more profitable.
If you take a sell trade below 50.8, then use 50.8 as stoploss and 48.2 as target. However if you take a buy trade in stock , then use 50.8 as stoploss and 52.95 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
Upside Target	51.37
Upside Target	52.98
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	47.62
Downside Intraday Target	44.46
Upside Intraday Target	54.32
Upside Intraday Target	57.86
Upside Intraday Target	51.16

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	50.78	52.64	54.70	48.00	28.184 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, 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
26 Fri Jul 2024	50.78	50.34	58.42	47.83	11.527 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 51.63 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.