(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 2024-05-17 View latest technical analysis
10 day averaged volume of Olympic Steel is 99827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 53.12 | 56.10 | 56.10 | 52.92 | 0.815 times |
| 16 Thu May 2024 | 55.69 | 53.76 | 55.96 | 53.33 | 0.929 times |
| 15 Wed May 2024 | 53.51 | 52.80 | 53.64 | 52.40 | 0.551 times |
| 14 Tue May 2024 | 52.58 | 52.75 | 53.15 | 52.12 | 1 times |
| 13 Mon May 2024 | 52.03 | 53.80 | 54.19 | 51.88 | 0.833 times |
| 10 Fri May 2024 | 54.03 | 52.58 | 54.19 | 52.40 | 0.682 times |
| 09 Thu May 2024 | 52.60 | 53.30 | 54.07 | 51.67 | 0.996 times |
| 08 Wed May 2024 | 52.86 | 52.96 | 54.07 | 52.62 | 0.957 times |
| 07 Tue May 2024 | 53.13 | 53.28 | 55.37 | 53.06 | 1.232 times |
| 06 Mon May 2024 | 53.54 | 57.56 | 58.54 | 52.86 | 1.358 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 52.9 as stoploss in an intra day buy trade for a target of 59.32. However, stock will show a bearish move below 52.9.
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 51.67 |
| Upside Target | 56.07 |
| Upside Target | 58.54 |
| Upside Target | 61.38 |
| Upside Target | 64.65 |
| Upside Target | 66.25 |
| Upside Target | 67.81 |
| Upside Target | 69.57 |
| Upside Target | 69.77 |
| Upside Target | 69.79 |
| Upside Target | 71.36 |
| Upside Target | 73.27 |
| Upside Target | 73.49 |
Intraday share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Intraday Target | 51.3 |
| Downside Intraday Target | 49.48 |
| Upside Intraday Target | 55.52 |
| Upside Intraday Target | 57.92 |
| Upside Intraday Target | 53.7 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 53.12 | 53.80 | 56.10 | 51.88 | 0.79 times |
| 10 Fri May 2024 | 54.03 | 57.56 | 58.54 | 51.67 | 1.18 times |
| 03 Fri May 2024 | 57.55 | 66.68 | 67.81 | 56.07 | 1.71 times |
| 26 Fri Apr 2024 | 66.68 | 68.19 | 69.79 | 66.25 | 1.078 times |
| 19 Fri Apr 2024 | 67.87 | 68.59 | 69.57 | 66.31 | 1.008 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 |
| 17 Fri May 2024 | 53.12 | 64.24 | 64.82 | 51.67 | 1.048 times |
| 30 Tue Apr 2024 | 63.57 | 71.25 | 73.27 | 63.31 | 0.499 times |
| 28 Thu Mar 2024 | 70.88 | 68.02 | 71.36 | 62.31 | 1.577 times |
| 29 Thu Feb 2024 | 68.02 | 68.36 | 73.49 | 64.65 | 0.984 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Olympic Steel ( (ZEUS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term and the sell 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 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 53.29 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 negative.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Olympic Steel ( (ZEUS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Olympic Steel in short term and the sell 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 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 53.29 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.