(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 2024-08-02 View latest technical analysis
10 day averaged volume of Olympic Oil is 379
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 49.98 | 51.42 | 51.42 | 46.55 | 11.264 times |
| 01 Thu Aug 2024 | 48.99 | 49.11 | 49.11 | 48.62 | 0.214 times |
| 31 Wed Jul 2024 | 49.11 | 44.46 | 49.12 | 44.46 | 4.164 times |
| 30 Tue Jul 2024 | 46.80 | 48.77 | 48.77 | 46.80 | 1.612 times |
| 29 Mon Jul 2024 | 49.26 | 49.76 | 49.76 | 49.26 | 0.288 times |
| 26 Fri Jul 2024 | 50.78 | 50.89 | 50.89 | 48.00 | 0.773 times |
| 25 Thu Jul 2024 | 48.50 | 48.50 | 48.50 | 48.50 | 0.042 times |
| 24 Wed Jul 2024 | 49.49 | 50.52 | 50.52 | 49.49 | 1.361 times |
| 23 Tue Jul 2024 | 50.53 | 51.07 | 54.70 | 50.00 | 1.454 times |
| 22 Mon Jul 2024 | 52.11 | 52.64 | 52.64 | 52.11 | 0.013 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.2 as stoploss in an intra day buy trade for a target of 52.01. However, stock will show a bearish move below 49.2.
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 | 50.25 |
| 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 | 45.82 |
| Downside Intraday Target | 41.66 |
| Upside Intraday Target | 52.78 |
| Upside Intraday Target | 55.58 |
| Downside Intraday Target | 48.62 |
Weekly technical analysis of Olympic Oil (OlympicOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 49.98 | 49.76 | 51.42 | 44.46 | 4.814 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 |
| 02 Fri Aug 2024 | 49.98 | 49.11 | 51.42 | 46.55 | 0.268 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Olympic Oil in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 49.58 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Olympic Oil in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 49.58 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 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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