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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.

10 day averaged volume of Olympic Steel is 59580

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 36.43 38.10 38.90 36.38 0.972 times
23 Wed Nov 2022 37.81 36.03 38.42 35.85 1.813 times
22 Tue Nov 2022 35.50 34.76 36.13 34.76 1.23 times
21 Mon Nov 2022 34.02 32.12 34.39 31.84 1.949 times
18 Fri Nov 2022 31.85 31.52 32.12 30.54 0.611 times
17 Thu Nov 2022 30.99 29.99 31.25 29.60 0.314 times
16 Wed Nov 2022 30.70 30.32 30.92 29.86 0.292 times
15 Tue Nov 2022 30.51 30.54 31.29 29.02 0.651 times
14 Mon Nov 2022 30.20 29.86 31.47 28.60 1.116 times
11 Fri Nov 2022 30.15 30.88 32.84 29.96 1.205 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 37.3, for a target of 33.6 or 30.51

Share price targets for Olympic Steel (ZEUS)

Target Type Value
Downside Target 22.62
Downside Target 25.46
Downside Target 26.14
Downside Target 27.42
Downside Target 29.65
Downside Target 30.43
Downside Target 31.84
Downside Target 32.12
Downside Target 32.44
Downside Target 32.84
Upside Target 38.90

Intraday share price targets for Olympic Steel (ZEUS)

Target Type Value
Downside Intraday Target 32.55
Downside Intraday Target 28.66
Upside Intraday Target 39.61
Upside Intraday Target 42.78
Downside Intraday Target 35.72

Weekly technical analysis of Olympic Steel (ZEUS)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 36.43 32.12 38.90 31.84 1.998 times
18 Fri Nov 2022 31.85 29.86 32.12 28.60 0.845 times
11 Fri Nov 2022 30.15 29.07 32.84 28.05 1.055 times
04 Fri Nov 2022 29.07 26.88 29.65 26.16 1.494 times
28 Fri Oct 2022 27.04 26.14 27.42 25.46 0.928 times

Price has moved up 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
25 Fri Nov 2022 36.43 27.66 38.90 26.16 1.397 times
31 Mon Oct 2022 27.21 23.41 27.63 22.62 0.408 times
30 Fri Sep 2022 22.81 26.06 27.71 22.71 1.079 times
31 Wed Aug 2022 26.32 29.70 32.44 26.14 1.302 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)

Indicator Name Indicator Value Indicator Signal
ADX 45, 6, 78 Buy
MACD 4, 3Buy
Stochastics 87Buy
CCI 120Sell
RSI 56Buy
OBV 530688Sell
VWAP 34Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Olympic Steel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 33.68 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.

Daily charts

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Daily chart

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