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(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 2024-09-16 View latest technical analysis

10 day averaged volume of Olympic Steel is 205171

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	38.47	38.69	38.89	36.89	1.105 times
13 Fri Sep 2024	38.60	38.05	39.46	38.02	0.806 times
12 Thu Sep 2024	37.61	37.69	38.19	37.28	0.799 times
11 Wed Sep 2024	37.41	35.85	37.53	35.50	1.3 times
10 Tue Sep 2024	35.96	36.10	36.10	34.81	1.321 times
09 Mon Sep 2024	35.79	36.07	37.36	35.77	2.169 times
06 Fri Sep 2024	37.38	37.71	38.37	36.61	0.561 times
05 Thu Sep 2024	37.82	37.31	37.93	36.50	0.967 times
04 Wed Sep 2024	37.31	37.06	38.07	36.84	0.605 times
03 Tue Sep 2024	36.94	39.41	39.59	36.79	0.699 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.2 or till 35.1. Use a stoploss of 38.93 and if the stock hits stoploss, then it can shoot up till 40.69

Share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Target	34.81
Downside Target	36.50
Upside Target	38.89
Upside Target	40.39
Upside Target	40.69
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	37.28
Downside Intraday Target	36.08
Upside Intraday Target	39.28
Upside Intraday Target	40.08
Downside Intraday Target	38.08

Weekly technical analysis of Olympic Steel (ZEUS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	38.47	38.69	38.89	36.89	0.173 times
13 Fri Sep 2024	38.60	36.07	39.46	34.81	2.259 times
06 Fri Sep 2024	37.38	39.41	39.59	36.50	3.658 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

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
16 Mon Sep 2024	38.47	39.41	39.59	34.81	0.952 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Olympic Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.11 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 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.