(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 2024-03-07 View latest technical analysis
10 day averaged volume of Olympic Steel is 107010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 66.17 | 63.69 | 66.18 | 63.34 | 1.073 times |
| 06 Wed Mar 2024 | 62.86 | 64.86 | 64.86 | 62.34 | 2.117 times |
| 05 Tue Mar 2024 | 64.13 | 64.65 | 65.25 | 63.92 | 1.293 times |
| 04 Mon Mar 2024 | 65.21 | 67.75 | 68.23 | 65.14 | 0.699 times |
| 01 Fri Mar 2024 | 67.40 | 68.02 | 69.55 | 66.72 | 0.606 times |
| 29 Thu Feb 2024 | 68.02 | 66.96 | 68.19 | 66.18 | 0.858 times |
| 28 Wed Feb 2024 | 66.26 | 67.49 | 67.93 | 66.00 | 0.796 times |
| 27 Tue Feb 2024 | 68.30 | 68.63 | 68.75 | 66.71 | 0.898 times |
| 26 Mon Feb 2024 | 68.60 | 69.80 | 72.10 | 68.25 | 0.984 times |
| 23 Fri Feb 2024 | 69.77 | 73.19 | 73.49 | 65.33 | 0.988 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 65.7 as stoploss in an intra day buy trade for a target of 67.92. However, stock will show a bearish move below 65.7.
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 48.47 |
| Downside Target | 54.26 |
| Downside Target | 56.89 |
| Downside Target | 61.38 |
| Downside Target | 64.65 |
| Upside Target | 68.23 |
| Upside Target | 69.26 |
| Upside Target | 69.55 |
| Upside Target | 69.77 |
| Upside Target | 72.10 |
| Upside Target | 72.24 |
| Upside Target | 73.49 |
Intraday share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Intraday Target | 62.93 |
| Downside Intraday Target | 59.69 |
| Upside Intraday Target | 68.82 |
| Upside Intraday Target | 71.47 |
| Downside Intraday Target | 65.58 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 66.17 | 67.75 | 68.23 | 62.34 | 1.251 times |
| 01 Fri Mar 2024 | 67.40 | 69.80 | 72.10 | 66.00 | 1.302 times |
| 23 Fri Feb 2024 | 69.77 | 69.28 | 73.49 | 65.33 | 0.938 times |
| 16 Fri Feb 2024 | 70.24 | 69.20 | 72.24 | 64.88 | 1.361 times |
| 09 Fri Feb 2024 | 69.15 | 67.29 | 69.26 | 64.65 | 0.68 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 |
| 07 Thu Mar 2024 | 66.17 | 68.02 | 69.55 | 62.34 | 0.416 times |
| 29 Thu Feb 2024 | 68.02 | 68.36 | 73.49 | 64.65 | 0.984 times |
| 31 Wed Jan 2024 | 67.58 | 66.25 | 69.77 | 61.38 | 0.524 times |
| 29 Fri Dec 2023 | 66.70 | 56.53 | 68.91 | 54.26 | 2.05 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 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 SELL signal for Olympic Steel in short term and the sell signal is strong.
Olympic Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Olympic Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 66.16 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 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 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 SELL signal for Olympic Steel in short term and the sell signal is strong.
Olympic Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Olympic Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 66.16 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.