(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 2024-09-05 View latest technical analysis
10 day averaged volume of Olympic Steel is 116797
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 37.82 | 37.31 | 37.93 | 36.50 | 1.698 times |
| 04 Wed Sep 2024 | 37.31 | 37.06 | 38.07 | 36.84 | 1.063 times |
| 03 Tue Sep 2024 | 36.94 | 39.41 | 39.59 | 36.79 | 1.229 times |
| 30 Fri Aug 2024 | 40.10 | 40.43 | 40.69 | 39.03 | 1.36 times |
| 30 Fri Aug 2024 | 40.10 | 40.43 | 40.69 | 39.03 | 1.36 times |
| 29 Thu Aug 2024 | 40.28 | 40.18 | 40.91 | 39.38 | 1.01 times |
| 28 Wed Aug 2024 | 39.99 | 40.14 | 40.35 | 39.52 | 0.798 times |
| 27 Tue Aug 2024 | 40.35 | 40.98 | 41.23 | 40.17 | 0.702 times |
| 26 Mon Aug 2024 | 41.15 | 42.00 | 42.94 | 41.02 | 0.871 times |
| 23 Fri Aug 2024 | 41.62 | 40.37 | 41.89 | 40.08 | 0.816 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 37.3, for a target of 38.8 or 40
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 36.50 |
| Upside Target | 39.03 |
| Upside Target | 41.40 |
| Upside Target | 42.19 |
| Upside Target | 42.94 |
| Upside Target | 43.71 |
| Upside Target | 50.35 |
| Upside Target | 51.01 |
| Upside Target | 51.66 |
| Upside Target | 52.56 |
| Upside Target | 64.82 |
Intraday share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Intraday Target | 36.35 |
| Downside Intraday Target | 34.88 |
| Upside Intraday Target | 39.44 |
| Upside Intraday Target | 41.06 |
| Upside Intraday Target | 37.97 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 37.82 | 39.41 | 39.59 | 36.50 | 2.934 times |
| 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 |
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 Steel (ZEUS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 37.82 | 39.41 | 39.59 | 36.50 | 0.209 times |
| 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 |
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Olympic Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 39.34 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Olympic Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 39.34 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.