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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.

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Olympic Steel is 86453

Date Daily Closing Price Open High Low Volume
03 Mon Jun 2024 50.50 52.38 52.56 50.37 0.678 times
31 Fri May 2024 52.14 51.60 52.18 51.01 1.16 times
30 Thu May 2024 51.73 51.79 52.36 51.55 0.776 times
29 Wed May 2024 51.48 52.43 52.74 51.30 1.292 times
28 Tue May 2024 53.20 54.07 54.15 52.95 1.534 times
23 Thu May 2024 52.82 54.56 54.56 52.15 0.792 times
22 Wed May 2024 53.97 54.21 54.79 53.77 0.85 times
21 Tue May 2024 54.27 53.66 54.48 53.41 0.685 times
20 Mon May 2024 53.70 53.18 54.92 53.12 0.898 times
17 Fri May 2024 53.12 56.10 56.10 52.92 0.941 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 50, for a target of 51.7 or 53.22

Share price targets for Olympic Steel (ZEUS)

Target Type Value
Downside Target 50.37
Upside Target 54.15
Upside Target 56.10
Upside Target 58.54
Upside Target 62.31
Upside Target 63.31
Upside Target 64.65
Upside Target 64.82
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 49.73
Downside Intraday Target 48.95
Upside Intraday Target 51.92
Upside Intraday Target 53.33
Upside Intraday Target 51.14

Weekly technical analysis of Olympic Steel (ZEUS)

Date Weekly Closing Price Open High Low Volume
03 Mon Jun 2024 50.50 52.38 52.56 50.37 0.142 times
31 Fri May 2024 52.14 54.07 54.15 51.01 1.477 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

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
03 Mon Jun 2024 50.50 52.38 52.56 50.37 0.031 times
31 Fri May 2024 52.14 64.24 64.82 51.01 1.637 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

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Olympic Steel in short term but the buy 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 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 and SELL signal is strong!

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

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 52.68 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 gaining momentum.

MACD generated a BUY signal for Olympic Steel in short term but the buy 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 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 and SELL signal is strong!

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

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 52.68 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.

Daily charts

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