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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 2024-06-26 View latest technical analysis

10 day averaged volume of Olympic Steel is 138250

Date Daily Closing Price Open High Low Volume
26 Wed Jun 2024 44.93 43.74 45.01 43.71 0.471 times
25 Tue Jun 2024 44.23 45.19 46.00 44.20 0.427 times
24 Mon Jun 2024 45.46 45.66 46.21 45.13 0.616 times
21 Fri Jun 2024 45.46 45.54 45.97 44.85 4.546 times
20 Thu Jun 2024 45.58 46.12 47.46 45.50 0.59 times
18 Tue Jun 2024 46.21 46.38 47.37 45.57 0.644 times
18 Tue Jun 2024 46.21 46.38 47.37 45.57 0.644 times
17 Mon Jun 2024 46.24 45.73 46.73 44.75 0.722 times
14 Fri Jun 2024 46.07 46.23 46.23 45.00 0.783 times
13 Thu Jun 2024 47.03 47.48 47.48 46.34 0.502 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.4, but if it comes above 45.4, then a intra day buy could be more profitable.
If you take a sell trade below 45.4, then use 45.4 as stoploss and 42.6 as target. However if you take a buy trade in stock , then use 45.4 as stoploss and 47.73 as target.

Share price targets for Olympic Steel (ZEUS)

Target Type Value
Downside Target 43.71
Downside Target 44.75
Upside Target 46.21
Upside Target 47.37
Upside Target 49.93
Upside Target 51.01
Upside Target 52.56
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 43.69
Downside Intraday Target 42.45
Upside Intraday Target 46.19
Upside Intraday Target 47.45
Upside Intraday Target 44.95

Weekly technical analysis of Olympic Steel (ZEUS)

Date Weekly Closing Price Open High Low Volume
26 Wed Jun 2024 44.93 45.66 46.21 43.71 0.262 times
21 Fri Jun 2024 45.46 46.38 47.46 44.85 4.23 times
18 Tue Jun 2024 46.21 45.73 47.37 44.75 0.453 times
14 Fri Jun 2024 46.07 49.61 49.93 45.00 0.843 times
07 Fri Jun 2024 50.00 52.38 52.56 48.11 1.202 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
26 Wed Jun 2024 44.93 52.38 52.56 43.71 1.099 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.

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 moving up

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 45.67 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.

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 moving up

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 45.67 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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