(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 2024-12-16 View latest technical analysis
10 day averaged volume of Olympic Steel is 131090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 39.93 | 39.89 | 39.99 | 39.00 | 0.719 times |
| 13 Fri Dec 2024 | 39.67 | 40.20 | 40.20 | 39.21 | 0.513 times |
| 12 Thu Dec 2024 | 40.48 | 41.48 | 41.48 | 39.93 | 0.392 times |
| 11 Wed Dec 2024 | 41.74 | 42.25 | 42.42 | 41.54 | 0.807 times |
| 10 Tue Dec 2024 | 42.12 | 42.90 | 42.90 | 41.55 | 0.618 times |
| 09 Mon Dec 2024 | 42.61 | 41.11 | 42.90 | 41.11 | 0.336 times |
| 26 Tue Nov 2024 | 41.51 | 42.95 | 42.95 | 41.11 | 1.974 times |
| 26 Tue Nov 2024 | 41.51 | 42.95 | 42.95 | 41.11 | 1.974 times |
| 25 Mon Nov 2024 | 43.02 | 42.82 | 43.60 | 42.28 | 0.876 times |
| 22 Fri Nov 2024 | 42.41 | 40.89 | 42.45 | 40.89 | 1.083 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 39.7 as stoploss in an intra day buy trade for a target of 40.89. However, stock will show a bearish move below 39.7.
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 32.23 |
| Downside Target | 34.81 |
| Downside Target | 35.88 |
| Downside Target | 38.93 |
| Upside Target | 41.11 |
| Upside Target | 42.45 |
| 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 | 39.29 |
| Downside Intraday Target | 38.65 |
| Upside Intraday Target | 40.28 |
| Upside Intraday Target | 40.63 |
| Downside Intraday Target | 39.64 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 39.93 | 39.89 | 39.99 | 39.00 | 0.27 times |
| 13 Fri Dec 2024 | 39.67 | 41.11 | 42.90 | 39.21 | 1.35 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 |
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 |
| 16 Mon Dec 2024 | 39.93 | 41.11 | 42.90 | 39.00 | 0.167 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 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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Olympic Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Olympic Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.59 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 positive
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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Olympic Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Olympic Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.59 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.