(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 2024-08-30 View latest technical analysis
10 day averaged volume of Olympic Steel is 94348
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 40.10 | 40.43 | 40.69 | 39.03 | 1.683 times |
| 30 Fri Aug 2024 | 40.10 | 40.43 | 40.69 | 39.03 | 1.683 times |
| 29 Thu Aug 2024 | 40.28 | 40.18 | 40.91 | 39.38 | 1.251 times |
| 28 Wed Aug 2024 | 39.99 | 40.14 | 40.35 | 39.52 | 0.988 times |
| 27 Tue Aug 2024 | 40.35 | 40.98 | 41.23 | 40.17 | 0.869 times |
| 26 Mon Aug 2024 | 41.15 | 42.00 | 42.94 | 41.02 | 1.078 times |
| 23 Fri Aug 2024 | 41.62 | 40.37 | 41.89 | 40.08 | 1.011 times |
| 22 Thu Aug 2024 | 40.09 | 41.17 | 41.38 | 39.97 | 0.98 times |
| 21 Wed Aug 2024 | 41.25 | 40.72 | 41.64 | 40.36 | 0.721 times |
| 20 Tue Aug 2024 | 40.33 | 40.91 | 41.23 | 40.05 | 0.61 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.9 as stoploss in an intra day buy trade for a target of 40.76. However, stock will show a bearish move below 39.9.
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 39.03 |
| Downside Target | 39.97 |
| Upside Target | 43.71 |
| Upside Target | 44.00 |
| Upside Target | 50.35 |
| Upside Target | 51.01 |
| Upside Target | 51.66 |
| Upside Target | 52.56 |
| Upside Target | 63.31 |
| Upside Target | 64.82 |
| Upside Target | 73.27 |
Intraday share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Intraday Target | 39.19 |
| Downside Intraday Target | 38.28 |
| Upside Intraday Target | 40.85 |
| Upside Intraday Target | 41.6 |
| Downside Intraday Target | 39.94 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 40.10 | 40.43 | 40.69 | 39.03 | 0.287 times |
| 30 Fri Aug 2024 | 40.10 | 42.00 | 42.94 | 39.03 | 1.421 times |
| 23 Fri Aug 2024 | 41.62 | 41.02 | 42.19 | 39.97 | 0.983 times |
| 16 Fri Aug 2024 | 40.76 | 40.62 | 41.40 | 39.09 | 0.739 times |
| 09 Fri Aug 2024 | 40.61 | 41.85 | 44.00 | 40.00 | 1.55 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 |
| 30 Fri Aug 2024 | 40.10 | 50.35 | 50.35 | 39.03 | 1.353 times |
| 31 Wed Jul 2024 | 50.68 | 45.02 | 51.66 | 40.39 | 0.652 times |
| 28 Fri Jun 2024 | 44.83 | 52.38 | 52.56 | 43.71 | 1.313 times |
| 31 Fri May 2024 | 52.14 | 64.24 | 64.82 | 51.01 | 1.637 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 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 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 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 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 Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Olympic Steel in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Olympic Steel in short term
RSI is generating a SELL signal in short term but selling 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 40.46 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 negative.
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 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 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 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 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 Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Olympic Steel in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Olympic Steel in short term
RSI is generating a SELL signal in short term but selling 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 40.46 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.