(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 2024-05-30 View latest technical analysis
10 day averaged volume of Olympic Steel is 85190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 51.73 | 51.79 | 52.36 | 51.55 | 0.788 times |
| 29 Wed May 2024 | 51.48 | 52.43 | 52.74 | 51.30 | 1.311 times |
| 28 Tue May 2024 | 53.20 | 54.07 | 54.15 | 52.95 | 1.557 times |
| 23 Thu May 2024 | 52.82 | 54.56 | 54.56 | 52.15 | 0.804 times |
| 22 Wed May 2024 | 53.97 | 54.21 | 54.79 | 53.77 | 0.863 times |
| 21 Tue May 2024 | 54.27 | 53.66 | 54.48 | 53.41 | 0.695 times |
| 20 Mon May 2024 | 53.70 | 53.18 | 54.92 | 53.12 | 0.911 times |
| 17 Fri May 2024 | 53.12 | 56.10 | 56.10 | 52.92 | 0.955 times |
| 16 Thu May 2024 | 55.69 | 53.76 | 55.96 | 53.33 | 1.088 times |
| 15 Wed May 2024 | 53.51 | 52.80 | 53.64 | 52.40 | 0.645 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 51.1 as stoploss in an intra day buy trade for a target of 54.44. However, stock will show a bearish move below 51.1.
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 51.30 |
| Upside Target | 54.15 |
| Upside Target | 56.07 |
| Upside Target | 58.54 |
| Upside Target | 61.38 |
| Upside Target | 64.65 |
| Upside Target | 64.82 |
| Upside Target | 67.81 |
| Upside Target | 69.77 |
| 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 | 50.64 |
| Downside Intraday Target | 49.54 |
| Upside Intraday Target | 53.49 |
| Upside Intraday Target | 55.24 |
| Upside Intraday Target | 52.39 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 51.73 | 54.07 | 54.15 | 51.30 | 1.117 times |
| 23 Thu May 2024 | 52.82 | 53.18 | 54.92 | 52.15 | 0.677 times |
| 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 |
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 |
| 30 Thu May 2024 | 51.73 | 64.24 | 64.82 | 51.30 | 1.552 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, and volume has increased substantially. This means that the move can 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Olympic Steel in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 53.3 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Olympic Steel in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 53.3 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.