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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 2024-10-16 View latest technical analysis

10 day averaged volume of Olympic Oil is 149

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	39.48	38.54	39.48	38.54	0.188 times
15 Tue Oct 2024	37.60	37.00	39.46	37.00	1.483 times
14 Mon Oct 2024	37.59	36.32	37.59	36.32	2.53 times
11 Fri Oct 2024	38.22	38.22	38.22	38.22	2.04 times
10 Thu Oct 2024	39.00	39.00	39.00	39.00	0.007 times
09 Wed Oct 2024	39.00	39.74	39.74	39.00	0.772 times
08 Tue Oct 2024	39.79	40.00	40.00	39.79	0.074 times
07 Mon Oct 2024	40.60	40.60	40.60	40.60	3.027 times
03 Thu Oct 2024	42.26	42.26	42.26	42.26	0.027 times
01 Tue Oct 2024	43.12	43.55	43.55	43.12	0.034 times

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 39.3 as stoploss in an intra day buy trade for a target of 42.32. However, stock will show a bearish move below 39.3.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	32.00
Downside Target	36.32
Downside Target	38.22
Downside Target	39.48
Upside Target	40.60
Upside Target	42.26
Upside Target	43.55
Upside Target	45.66
Upside Target	47.50
Upside Target	51.42
Upside Target	52.98
Upside Target	58.42
Upside Target	61.36

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Intraday Target	37.37
Downside Intraday Target	35.27
Upside Intraday Target	40.53
Upside Intraday Target	41.59
Downside Intraday Target	38.43

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	39.48	36.32	39.48	36.32	0.71 times
11 Fri Oct 2024	38.22	40.60	40.60	38.22	88.2 times
03 Thu Oct 2024	42.26	44.00	44.00	42.26	0.011 times
27 Fri Sep 2024	44.74	45.67	47.50	44.74	0.598 times
20 Fri Sep 2024	45.66	41.38	45.66	41.38	0.687 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
16 Wed Oct 2024	39.48	43.55	43.55	36.32	0.106 times
30 Mon Sep 2024	44.00	34.28	47.50	32.00	0.328 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

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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 green color and prices are in or below the green 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 negative zone. This is the SELL zone

Stock of Olympic Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.8 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.