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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 2024-09-19 View latest technical analysis

10 day averaged volume of Olympic Oil is 842

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	44.77	44.77	44.77	44.77	0.091 times
18 Wed Sep 2024	43.90	43.90	43.90	43.90	0.072 times
17 Tue Sep 2024	43.04	43.04	43.04	43.00	1.23 times
16 Mon Sep 2024	42.20	41.38	42.20	41.38	0.302 times
13 Fri Sep 2024	41.38	40.57	41.38	40.57	0.873 times
12 Thu Sep 2024	40.57	40.99	40.99	40.57	0.61 times
11 Wed Sep 2024	40.99	40.99	40.99	40.99	0.068 times
10 Tue Sep 2024	41.00	40.12	41.71	40.09	0.365 times
09 Mon Sep 2024	40.90	39.74	40.90	37.51	0.607 times
06 Fri Sep 2024	38.96	38.90	38.96	36.11	2.772 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.1, but if it comes below 42.1, then a intra day sell could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 37.96 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 47 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	32.00
Downside Target	35.63
Downside Target	37.51
Downside Target	38.96
Downside Target	41.38
Downside Target	44.46
Downside Target	44.77
Upside Target	46.05
Upside Target	51.42
Upside Target	52.98
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	42.51
Downside Intraday Target	40.25
Upside Intraday Target	45.9
Upside Intraday Target	47.03
Downside Intraday Target	43.64

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	44.77	41.38	44.77	41.38	0.672 times
13 Fri Sep 2024	41.38	39.74	41.71	37.51	0.216 times
06 Fri Sep 2024	38.96	34.28	38.96	32.00	0.376 times
30 Fri Aug 2024	33.61	34.58	35.63	32.00	3.431 times
23 Fri Aug 2024	33.90	39.73	39.73	32.28	1.873 times

Price has moved up 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
19 Thu Sep 2024	44.77	34.28	44.77	32.00	0.308 times
30 Fri Aug 2024	33.61	49.11	51.42	32.00	2.678 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Olympic Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and BUY 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 40.68 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 is giving positive 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.