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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 2024-12-09 View latest technical analysis

10 day averaged volume of Olympic Steel is 153840

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	42.61	41.11	42.90	41.11	0.287 times
26 Tue Nov 2024	41.51	42.95	42.95	41.11	1.682 times
26 Tue Nov 2024	41.51	42.95	42.95	41.11	1.682 times
25 Mon Nov 2024	43.02	42.82	43.60	42.28	0.747 times
22 Fri Nov 2024	42.41	40.89	42.45	40.89	0.923 times
21 Thu Nov 2024	40.76	40.69	41.32	40.58	1.216 times
20 Wed Nov 2024	40.49	39.03	40.57	39.03	0.449 times
19 Tue Nov 2024	39.17	39.83	39.88	38.93	0.866 times
18 Mon Nov 2024	40.26	39.75	40.92	39.75	1.332 times
15 Fri Nov 2024	39.64	39.40	40.16	39.07	0.593 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.4, but if it comes below 42.4, then a intra day sell could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 40.16 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 45 as target.

Share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Target	32.23
Downside Target	34.81
Downside Target	35.88
Downside Target	38.43
Downside Target	40.20
Downside Target	42.45
Downside Target	42.56
Upside Target	42.90
Upside Target	42.95
Upside Target	43.60
Upside Target	50.35

Intraday share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Intraday Target	41.51
Downside Intraday Target	40.42
Upside Intraday Target	43.3
Upside Intraday Target	44
Downside Intraday Target	42.21

Weekly technical analysis of Olympic Steel (ZEUS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	42.61	41.11	42.90	41.11	0.17 times
26 Tue Nov 2024	41.51	42.95	42.95	41.11	0.693 times
26 Tue Nov 2024	41.51	42.82	43.60	41.11	0.508 times
22 Fri Nov 2024	42.41	39.75	42.45	38.93	1.905 times
15 Fri Nov 2024	39.64	41.51	42.56	38.43	0.579 times

Price has moved up 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
09 Mon Dec 2024	42.61	41.11	42.90	41.11	0.017 times
26 Tue Nov 2024	41.51	32.23	43.60	32.23	1.102 times
31 Thu Oct 2024	35.88	39.14	40.20	35.88	0.329 times
30 Mon Sep 2024	39.00	39.41	40.48	34.81	3.295 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Olympic Steel in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Olympic Steel in short term and BUY signal is strong.

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 41.11 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 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 positive

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