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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 2024-11-27 View latest technical analysis

10 day averaged volume of Olympic Oil is 14

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	43.01	43.01	43.01	43.01	4 times
26 Tue Nov 2024	43.88	43.89	43.89	43.88	3.643 times
25 Mon Nov 2024	43.89	43.89	43.89	43.89	0.071 times
22 Fri Nov 2024	43.89	43.89	43.89	43.89	0.071 times
21 Thu Nov 2024	43.93	43.94	43.94	43.93	0.5 times
18 Mon Nov 2024	43.94	43.94	43.94	43.94	0.857 times
14 Thu Nov 2024	43.95	43.95	43.95	43.95	0.714 times
13 Wed Nov 2024	43.98	43.99	43.99	43.98	2.357 times
12 Tue Nov 2024	43.99	43.99	43.99	43.99	0.143 times
11 Mon Nov 2024	43.99	43.99	43.99	43.99	0.714 times

Stock of Olympic Oil (OlympicOil) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.6, but if it comes above 43.6, then a intra day buy could be more profitable.
If you take a sell trade below 43.6, then use 43.6 as stoploss and 42.5 as target. However if you take a buy trade in stock , then use 43.6 as stoploss and 44.45 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	32.00
Downside Target	36.32
Downside Target	43.01
Upside Target	43.89
Upside Target	44.98
Upside Target	45.00
Upside Target	45.42
Upside Target	46.36
Upside Target	47.50
Upside Target	51.42
Upside Target	58.42

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Intraday Target	42.72
Downside Intraday Target	42.42
Upside Intraday Target	43.6
Upside Intraday Target	44.18
Upside Intraday Target	43.3

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	43.01	43.89	43.89	43.01	5.4 times
22 Fri Nov 2024	43.89	43.94	43.94	43.89	0.364 times
14 Thu Nov 2024	43.95	43.99	43.99	43.95	0.229 times
08 Fri Nov 2024	44.00	44.98	44.98	44.00	0.916 times
31 Thu Oct 2024	45.00	45.42	45.42	45.00	0.325 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
27 Wed Nov 2024	43.01	44.98	44.98	43.01	0.152 times
31 Thu Oct 2024	45.00	43.55	46.36	36.32	0.195 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

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 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 gaining momentum.

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

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 coming down

CCI has generated a SELL signal for Olympic Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 43.65 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 positive

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