Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-22 View latest technical analysis

10 day averaged volume of Olympic Oil is 173

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	45.46	45.27	45.46	42.00	1.549 times
21 Mon Oct 2024	43.32	43.32	43.52	43.32	2.746 times
18 Fri Oct 2024	41.45	38.69	41.45	37.55	0.688 times
17 Thu Oct 2024	39.48	40.27	40.27	39.48	0.434 times
16 Wed Oct 2024	39.48	38.54	39.48	38.54	0.162 times
15 Tue Oct 2024	37.60	37.00	39.46	37.00	1.277 times
14 Mon Oct 2024	37.59	36.32	37.59	36.32	2.179 times
11 Fri Oct 2024	38.22	38.22	38.22	38.22	1.757 times
10 Thu Oct 2024	39.00	39.00	39.00	39.00	0.006 times
09 Wed Oct 2024	39.00	39.74	39.74	39.00	0.665 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.9, but if it comes below 44.9, then a intra day sell could be more profitable.
If you take a sell trade below 44.9, then use 44.9 as stoploss and 41.93 as target. However if you take a buy trade in stock , then use 44.9 as stoploss and 48.5 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	32.00
Downside Target	36.32
Downside Target	38.22
Downside Target	40.60
Downside Target	41.45
Downside Target	44.00
Downside Target	45.46
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	43.15
Downside Intraday Target	40.85
Upside Intraday Target	46.61
Upside Intraday Target	47.77
Downside Intraday Target	44.31

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	45.46	43.32	45.46	42.00	0.906 times
18 Fri Oct 2024	41.45	36.32	41.45	36.32	0.93 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

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
22 Tue Oct 2024	45.46	43.55	45.46	36.32	0.172 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 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 Weak 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 40.54 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 positive

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