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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)

10 day averaged volume of Olympic Oil is 942

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 61.64 56.26 62.18 56.26 2.755 times
20 Mon May 2024 59.22 59.24 59.24 59.22 0.055 times
17 Fri May 2024 56.42 56.89 56.89 56.42 0.166 times
16 Thu May 2024 56.89 57.00 58.65 55.00 0.544 times
15 Wed May 2024 55.88 53.43 56.10 53.43 1.534 times

Stock of Olympic Oil (OlympicOil) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 60.4, for a target of 56.2 or 52.64

Share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Target 16.66
Downside Target 17.53
Downside Target 34.56
Downside Target 36.28
Downside Target 46.05
Downside Target 48.47
Downside Target 49.46
Downside Target 50.46
Downside Target 53.12
Downside Target 53.13
Downside Target 56.26
Downside Target 58.65
Upside Target 62.18

Intraday share price targets for Olympic Oil (OlympicOil)

Target Type Value
Downside Intraday Target 57.87
Downside Intraday Target 54.11
Upside Intraday Target 63.79
Upside Intraday Target 65.95
Downside Intraday Target 60.03

Weekly technical analysis of Olympic Oil (OlympicOil)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 61.64 59.24 62.18 56.26 0.392 times
17 Fri May 2024 56.42 46.05 58.65 46.05 397.588 times
10 Fri May 2024 48.47 49.46 49.46 48.47 1.545 times
02 Thu May 2024 50.46 49.47 50.46 49.47 0.016 times
26 Fri Apr 2024 50.47 53.12 53.12 50.47 0.386 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
21 Tue May 2024 61.64 49.47 62.18 46.05 2.882 times
26 Fri Apr 2024 50.47 36.28 53.13 36.28 1.638 times
28 Thu Mar 2024 34.56 17.50 34.56 16.67 76.846 times
22 Thu Feb 2024 16.67 16.67 16.67 16.67 0.228 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Olympic Oil (OlympicOil)

Indicator Name Indicator Value Indicator Signal
ADX 44, 19, 39 Buy
MACD 11, 11Buy
Stochastics 93Buy
CCI 108Buy
RSI 74Buy
OBV 10339Sell
VWAP 56Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Olympic Oil in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and the buying is gaining 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 55.52 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.

Click here for Olympic Oil charts

Click here for further forecast and predictions for tomorrow

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