(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 2024-03-01 View latest technical analysis
10 day averaged volume of Olympic Steel is 87620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 67.40 | 68.02 | 69.55 | 66.72 | 0.74 times |
| 29 Thu Feb 2024 | 68.02 | 66.96 | 68.19 | 66.18 | 1.048 times |
| 28 Wed Feb 2024 | 66.26 | 67.49 | 67.93 | 66.00 | 0.972 times |
| 27 Tue Feb 2024 | 68.30 | 68.63 | 68.75 | 66.71 | 1.097 times |
| 26 Mon Feb 2024 | 68.60 | 69.80 | 72.10 | 68.25 | 1.202 times |
| 23 Fri Feb 2024 | 69.77 | 73.19 | 73.49 | 65.33 | 1.206 times |
| 22 Thu Feb 2024 | 69.85 | 69.63 | 70.40 | 67.90 | 0.93 times |
| 21 Wed Feb 2024 | 69.57 | 68.69 | 69.75 | 68.58 | 0.615 times |
| 20 Tue Feb 2024 | 69.47 | 69.28 | 70.06 | 68.72 | 1.134 times |
| 16 Fri Feb 2024 | 70.24 | 71.74 | 71.91 | 69.66 | 0.815 times |
My analysis of stock is bearish for shortterm, and stock might move down till 66.5 or till 64.4. Use a stoploss of 68.29 and if the stock hits stoploss, then it can shoot up till 70.05
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 48.47 |
| Downside Target | 54.26 |
| Downside Target | 56.89 |
| Downside Target | 61.38 |
| Downside Target | 64.65 |
| Upside Target | 68.91 |
| Upside Target | 69.55 |
| Upside Target | 69.77 |
| Upside Target | 72.10 |
| Upside Target | 72.24 |
| Upside Target | 73.49 |
Intraday share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Intraday Target | 64.9 |
| Downside Intraday Target | 62.4 |
| Upside Intraday Target | 71 |
| Upside Intraday Target | 74.6 |
| Upside Intraday Target | 68.5 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 67.40 | 69.80 | 72.10 | 66.00 | 1.302 times |
| 23 Fri Feb 2024 | 69.77 | 69.28 | 73.49 | 65.33 | 0.938 times |
| 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 |
Price has moved down 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 |
| 01 Fri Mar 2024 | 67.40 | 68.02 | 69.55 | 66.72 | 0.044 times |
| 29 Thu Feb 2024 | 68.02 | 68.36 | 73.49 | 64.65 | 0.984 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 |
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 Steel (ZEUS)
Price action analysis of Olympic Steel ( (ZEUS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Olympic Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term but the sell signal is initial and weak.
Olympic Steel 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 buy signal for Olympic Steel in short term but BUY signal is weak.
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
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 68.74 and Olympic Steel (ZEUS) 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 Steel (ZEUS) stock. Volume based technical analysis of Olympic Steel (ZEUS) stock is negative.
Olympic Steel 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.
Price action analysis of Olympic Steel ( (ZEUS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Olympic Steel ( (ZEUS) ) 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 Steel ( (ZEUS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term but the sell signal is initial and weak.
Olympic Steel 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 buy signal for Olympic Steel in short term but BUY signal is weak.
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
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 68.74 and Olympic Steel (ZEUS) 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 Steel (ZEUS) stock. Volume based technical analysis of Olympic Steel (ZEUS) stock is negative.
Olympic Steel 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.