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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 2024-12-26 View latest technical analysis

10 day averaged volume of Olympic Steel is 100735

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	33.43	33.44	33.62	33.04	0.572 times
24 Tue Dec 2024	33.52	33.21	33.69	32.86	0.309 times
23 Mon Dec 2024	33.39	33.46	34.10	33.24	1.025 times
20 Fri Dec 2024	33.81	33.92	34.10	33.20	2.798 times
19 Thu Dec 2024	34.63	36.48	36.69	34.54	0.984 times
18 Wed Dec 2024	36.31	38.45	39.34	35.82	0.826 times
17 Tue Dec 2024	38.45	39.64	39.64	38.09	0.896 times
16 Mon Dec 2024	39.93	39.89	39.99	39.00	0.935 times
13 Fri Dec 2024	39.67	40.20	40.20	39.21	0.667 times
12 Thu Dec 2024	40.48	41.48	41.48	39.93	0.51 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35.6, but if it comes above 35.6, then a intra day buy could be more profitable.
If you take a sell trade below 35.6, then use 35.6 as stoploss and 31.6 as target. However if you take a buy trade in stock , then use 35.6 as stoploss and 38.95 as target.

Share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Target	32.23
Upside Target	34.10
Upside Target	34.81
Upside Target	35.88
Upside Target	39.03
Upside Target	41.11
Upside Target	42.90
Upside Target	42.95
Upside Target	43.60
Upside Target	50.35

Intraday share price targets for Olympic Steel (ZEUS)

Target Type	Value
Downside Intraday Target	32.83
Downside Intraday Target	32.22
Upside Intraday Target	34.07
Upside Intraday Target	34.7
Upside Intraday Target	33.46

Weekly technical analysis of Olympic Steel (ZEUS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	33.43	33.46	34.10	32.86	0.296 times
20 Fri Dec 2024	33.81	39.89	39.99	33.20	1.856 times
13 Fri Dec 2024	39.67	41.11	42.90	39.21	1.35 times
26 Tue Nov 2024	41.51	42.95	42.95	41.11	0.693 times
26 Tue Nov 2024	41.51	42.82	43.60	41.11	0.508 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 Thu Dec 2024	33.43	41.11	42.90	32.86	0.448 times
26 Tue Nov 2024	41.51	32.23	43.60	32.23	1.102 times
31 Thu Oct 2024	35.88	39.14	40.20	35.88	0.329 times
30 Mon Sep 2024	39.00	39.41	40.48	34.81	3.295 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 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 SELL signal for Olympic Steel in short term and the sell signal is strong.

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 buy signal for Olympic Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 35.84 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.