(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 2024-08-01 View latest technical analysis
10 day averaged volume of Olympic Oil is 372
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 48.99 | 49.11 | 49.11 | 48.62 | 0.218 times |
| 31 Wed Jul 2024 | 49.11 | 44.46 | 49.12 | 44.46 | 4.242 times |
| 30 Tue Jul 2024 | 46.80 | 48.77 | 48.77 | 46.80 | 1.642 times |
| 29 Mon Jul 2024 | 49.26 | 49.76 | 49.76 | 49.26 | 0.293 times |
| 26 Fri Jul 2024 | 50.78 | 50.89 | 50.89 | 48.00 | 0.788 times |
| 25 Thu Jul 2024 | 48.50 | 48.50 | 48.50 | 48.50 | 0.043 times |
| 24 Wed Jul 2024 | 49.49 | 50.52 | 50.52 | 49.49 | 1.387 times |
| 23 Tue Jul 2024 | 50.53 | 51.07 | 54.70 | 50.00 | 1.481 times |
| 22 Mon Jul 2024 | 52.11 | 52.64 | 52.64 | 52.11 | 0.013 times |
| 19 Fri Jul 2024 | 53.71 | 54.28 | 54.28 | 51.70 | 0.073 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.4, but if it comes above 49.4, then a intra day buy could be more profitable.
If you take a sell trade below 49.4, then use 49.4 as stoploss and 46 as target. However if you take a buy trade in stock , then use 49.4 as stoploss and 52.15 as target.
Share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Target | 36.28 |
| Downside Target | 44.46 |
| Downside Target | 46.05 |
| Downside Target | 47.83 |
| Upside Target | 51.37 |
| Upside Target | 52.98 |
| Upside Target | 54.28 |
| Upside Target | 54.70 |
| Upside Target | 57.70 |
| Upside Target | 58.42 |
| Upside Target | 61.36 |
| Upside Target | 62.18 |
Intraday share price targets for Olympic Oil (OlympicOil)
| Target Type | Value |
| Downside Intraday Target | 45.71 |
| Downside Intraday Target | 42.44 |
| Upside Intraday Target | 51.01 |
| Upside Intraday Target | 53.04 |
| Downside Intraday Target | 47.74 |
Weekly technical analysis of Olympic Oil (OlympicOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 48.99 | 49.76 | 49.76 | 44.46 | 1.723 times |
| 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 |
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 |
| 01 Thu Aug 2024 | 48.99 | 49.11 | 49.11 | 48.62 | 0.005 times |
| 31 Wed Jul 2024 | 49.11 | 50.34 | 58.42 | 44.46 | 13.428 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 Strong 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 coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 49.16 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.
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 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 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 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 Strong 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 coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 49.16 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.
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