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 2024-10-07 View latest technical analysis

10 day averaged volume of Olympic Oil is 99

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	40.60	40.60	40.60	40.60	4.556 times
03 Thu Oct 2024	42.26	42.26	42.26	42.26	0.04 times
01 Tue Oct 2024	43.12	43.55	43.55	43.12	0.051 times
30 Mon Sep 2024	44.00	44.00	44.00	44.00	0.01 times
27 Fri Sep 2024	44.74	44.74	44.74	44.74	0.01 times
26 Thu Sep 2024	45.65	45.66	45.66	45.65	0.152 times
25 Wed Sep 2024	45.67	46.56	46.56	45.65	2.687 times
24 Tue Sep 2024	45.65	47.50	47.50	45.65	3.929 times
23 Mon Sep 2024	46.57	45.67	46.57	45.67	2.04 times
20 Fri Sep 2024	45.66	45.65	45.66	45.65	0.323 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 40.9, but if it comes above 40.9, then a intra day buy could be more profitable.
If you take a sell trade below 40.9, then use 40.9 as stoploss and 38.3 as target. However if you take a buy trade in stock , then use 40.9 as stoploss and 43.08 as target.

Share price targets for Olympic Oil (OlympicOil)

Target Type	Value
Downside Target	32.00
Downside Target	37.51
Downside Target	40.60
Upside Target	43.55
Upside Target	44.74
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	40.6
Downside Intraday Target	40.6
Downside Intraday Target	40.6
Downside Intraday Target	40.6
Downside Intraday Target	40.6

Weekly technical analysis of Olympic Oil (OlympicOil)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	40.60	40.60	40.60	40.60	45.1 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
13 Fri Sep 2024	41.38	39.74	41.71	37.51	0.216 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
07 Mon Oct 2024	40.60	43.55	43.55	40.60	0.032 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 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 neutral. A longer time frame might give a better analysis.

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 Weak 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 getting stronger in this stock.

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 44.1 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.