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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 2024-10-14 View latest technical analysis

10 day averaged volume of Olympic Steel is 126890

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	39.24	39.22	39.25	38.30	0.685 times
11 Fri Oct 2024	39.52	39.30	40.20	39.30	0.768 times
10 Thu Oct 2024	39.13	38.94	39.70	38.69	0.601 times
09 Wed Oct 2024	39.44	38.92	40.09	38.77	1.002 times
08 Tue Oct 2024	38.95	38.63	39.10	37.38	1.422 times
07 Mon Oct 2024	39.03	38.37	39.05	38.07	0.682 times
04 Fri Oct 2024	38.56	38.41	38.69	37.92	1.111 times
03 Thu Oct 2024	37.68	38.00	38.42	37.60	1.602 times
02 Wed Oct 2024	38.31	38.93	39.60	38.23	0.824 times
01 Tue Oct 2024	39.03	39.14	39.34	38.53	1.175 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.3 as stoploss in an intra day sell trade for a target of 38.76. However, stock will show a bullish move above 39.3.

Share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Target	34.81
Downside Target	36.89
Upside Target	40.20
Upside Target	40.38
Upside Target	40.39
Upside Target	40.48
Upside Target	43.71
Upside Target	50.35
Upside Target	51.66
Upside Target	52.56

Intraday share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Intraday Target	38.61
Downside Intraday Target	37.98
Upside Intraday Target	39.56
Upside Intraday Target	39.88
Downside Intraday Target	38.93

Weekly technical analysis of Olympic Steel (ZEUS)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	39.24	39.22	39.25	38.30	0.153 times
11 Fri Oct 2024	39.52	38.37	40.20	37.38	0.81 times
04 Fri Oct 2024	38.56	39.05	39.60	37.60	0.597 times
27 Fri Sep 2024	39.36	38.21	40.48	37.36	0.282 times
20 Fri Sep 2024	37.84	38.69	40.38	36.89	3.175 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
14 Mon Oct 2024	39.24	39.14	40.20	37.38	0.171 times
30 Mon Sep 2024	39.00	39.41	40.48	34.81	3.295 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 tired and bears are picking up momentum.

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

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 38.79 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.