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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.

10 day averaged volume of Olympic Steel is 95660

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	56.21	56.76	56.90	55.56	0.927 times
28 Thu Sep 2023	56.45	54.61	56.74	54.61	1.173 times
27 Wed Sep 2023	54.34	52.76	54.57	52.76	0.549 times
26 Tue Sep 2023	52.54	52.15	53.30	52.15	0.862 times
25 Mon Sep 2023	52.97	52.13	53.48	50.21	0.686 times
22 Fri Sep 2023	52.18	51.94	52.57	51.19	0.942 times
21 Thu Sep 2023	51.77	50.20	52.11	49.17	0.916 times
20 Wed Sep 2023	50.91	50.70	51.34	50.13	0.932 times
19 Tue Sep 2023	50.82	50.55	51.38	50.29	0.497 times
18 Mon Sep 2023	50.56	50.24	51.33	49.72	0.723 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.9, for a target of 54.1 or 51.78

Share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Target	40.85
Downside Target	41.80
Downside Target	46.90
Downside Target	49.12
Downside Target	50.21
Downside Target	52.29
Downside Target	54.01
Downside Target	54.91
Downside Target	55.62
Downside Target	55.83
Upside Target	56.27
Upside Target	56.90

Intraday share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Intraday Target	51.98
Downside Intraday Target	47.75
Upside Intraday Target	58.67
Upside Intraday Target	61.13
Downside Intraday Target	54.44

Weekly technical analysis of Olympic Steel (ZEUS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	56.21	52.13	56.90	50.21	1.047 times
22 Fri Sep 2023	52.18	50.24	52.57	49.17	0.73 times
15 Fri Sep 2023	50.18	48.51	52.29	48.08	1.587 times
08 Fri Sep 2023	47.92	54.91	54.91	47.92	4.779 times
01 Fri Sep 2023	55.58	54.01	55.62	54.01	0.176 times

Price has moved up 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
29 Fri Sep 2023	56.21	54.01	56.90	47.92	1.046 times
31 Thu Aug 2023	53.52	54.52	55.83	46.90	1.264 times
31 Mon Jul 2023	55.79	49.17	56.27	47.14	0.483 times
30 Fri Jun 2023	49.00	41.80	49.18	41.80	1.236 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Olympic Steel ( (ZEUS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Olympic Steel ( (ZEUS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Olympic Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Olympic Steel in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Olympic Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 53.08 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 rising upwards.

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 is giving positive 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.