(ZEUS) Olympic Steel complete technical analysis [charts+indicators] | Buy/Sell Olympic Steel | (ZEUS) share price targets
Complete technical analysis of Olympic Steel (ZEUS) by charts plus indicators, forecast predictions and share price targets for Olympic Steel (ZEUS)
Olympic Steel trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-02-16 View latest technical analysis
10 day averaged volume of Olympic Steel is 62350
Date | Daily Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 70.24 | 71.74 | 71.91 | 69.66 | 1.145 times |
15 Thu Feb 2024 | 72.12 | 68.02 | 72.24 | 68.02 | 1.378 times |
14 Wed Feb 2024 | 67.32 | 66.31 | 67.83 | 65.97 | 0.824 times |
13 Tue Feb 2024 | 65.67 | 68.41 | 68.41 | 64.88 | 1.386 times |
12 Mon Feb 2024 | 70.05 | 69.20 | 71.55 | 69.20 | 1.092 times |
09 Fri Feb 2024 | 69.15 | 68.21 | 69.26 | 68.17 | 0.752 times |
08 Thu Feb 2024 | 68.32 | 66.18 | 68.32 | 66.13 | 0.773 times |
07 Wed Feb 2024 | 66.31 | 65.12 | 66.48 | 64.75 | 0.755 times |
06 Tue Feb 2024 | 65.23 | 65.80 | 66.15 | 64.94 | 0.855 times |
05 Mon Feb 2024 | 65.85 | 67.29 | 67.29 | 64.65 | 1.144 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.6, but if it comes below 69.6, then a intra day sell could be more profitable.
If you take a sell trade below 69.6, then use 69.6 as stoploss and 67.76 as target. However if you take a buy trade in stock , then use 69.6 as stoploss and 71.7 as target.
Share price targets for Olympic Steel (ZEUS)
Target Type | Value |
Downside Target | 47.08 |
Downside Target | 48.47 |
Downside Target | 54.26 |
Downside Target | 56.89 |
Downside Target | 58.71 |
Downside Target | 61.38 |
Downside Target | 62.62 |
Downside Target | 64.18 |
Downside Target | 67.33 |
Downside Target | 68.90 |
Downside Target | 69.26 |
Downside Target | 69.77 |
Upside Target | 72.24 |
Intraday share price targets for Olympic Steel (ZEUS)
Target Type | Value |
Downside Intraday Target | 66 |
Downside Intraday Target | 61.76 |
Upside Intraday Target | 73.36 |
Upside Intraday Target | 76.48 |
Downside Intraday Target | 69.12 |
Weekly technical analysis of Olympic Steel (ZEUS)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 70.24 | 69.20 | 72.24 | 64.88 | 1.361 times |
09 Fri Feb 2024 | 69.15 | 67.29 | 69.26 | 64.65 | 0.68 times |
02 Fri Feb 2024 | 68.23 | 68.00 | 69.77 | 67.33 | 1.493 times |
26 Fri Jan 2024 | 67.80 | 64.18 | 68.90 | 64.18 | 1.064 times |
19 Fri Jan 2024 | 64.11 | 63.39 | 65.37 | 62.62 | 6.331 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 Steel (ZEUS)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 70.24 | 68.36 | 72.24 | 64.65 | 0.509 times |
31 Wed Jan 2024 | 67.58 | 66.25 | 69.77 | 61.38 | 0.524 times |
29 Fri Dec 2023 | 66.70 | 56.53 | 68.91 | 54.26 | 2.05 times |
30 Thu Nov 2023 | 56.53 | 50.26 | 56.89 | 48.47 | 1.192 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 Steel (ZEUS)
Price action analysis of Olympic Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) 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 Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Olympic Steel 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 Steel 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 coming down
CCI has generated a SELL signal for Olympic Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Olympic Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.17 and Olympic Steel (ZEUS) 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 Steel (ZEUS) stock. Volume based technical analysis of Olympic Steel (ZEUS) stock is negative.
Olympic Steel 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.
Price action analysis of Olympic Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) 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 Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Olympic Steel 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 Steel 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 coming down
CCI has generated a SELL signal for Olympic Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Olympic Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.17 and Olympic Steel (ZEUS) 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 Steel (ZEUS) stock. Volume based technical analysis of Olympic Steel (ZEUS) stock is negative.
Olympic Steel 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.