(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 48340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 66.68 | 67.99 | 68.56 | 66.50 | 1.092 times |
| 25 Thu Apr 2024 | 67.55 | 66.82 | 67.85 | 66.25 | 0.732 times |
| 24 Wed Apr 2024 | 67.56 | 69.10 | 69.48 | 66.89 | 0.912 times |
| 23 Tue Apr 2024 | 68.93 | 67.17 | 69.79 | 67.17 | 1.622 times |
| 22 Mon Apr 2024 | 67.61 | 68.19 | 68.73 | 67.37 | 0.989 times |
| 19 Fri Apr 2024 | 67.87 | 67.02 | 68.66 | 67.02 | 1.084 times |
| 18 Thu Apr 2024 | 67.46 | 67.81 | 68.93 | 66.77 | 0.807 times |
| 17 Wed Apr 2024 | 67.92 | 69.34 | 69.48 | 67.72 | 1.092 times |
| 16 Tue Apr 2024 | 68.34 | 67.90 | 68.95 | 66.31 | 1.101 times |
| 15 Mon Apr 2024 | 68.62 | 68.59 | 69.57 | 68.23 | 0.879 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.6, but if it comes above 67.6, then a intra day buy could be more profitable.
If you take a sell trade below 67.6, then use 67.6 as stoploss and 65.7 as target. However if you take a buy trade in stock , then use 67.6 as stoploss and 69.14 as target.
Share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Target | 54.26 |
| Downside Target | 61.38 |
| Downside Target | 64.65 |
| Downside Target | 66.25 |
| Upside Target | 67.80 |
| Upside Target | 69.79 |
| Upside Target | 71.36 |
| Upside Target | 72.68 |
| Upside Target | 73.27 |
| Upside Target | 73.49 |
Intraday share price targets for Olympic Steel (ZEUS)
| Target Type | Value |
| Downside Intraday Target | 65.36 |
| Downside Intraday Target | 64.03 |
| Upside Intraday Target | 68.9 |
| Upside Intraday Target | 71.11 |
| Upside Intraday Target | 67.57 |
Weekly technical analysis of Olympic Steel (ZEUS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 66.68 | 68.19 | 69.79 | 66.25 | 1.078 times |
| 19 Fri Apr 2024 | 67.87 | 68.59 | 69.57 | 66.31 | 1.008 times |
| 12 Fri Apr 2024 | 68.25 | 73.15 | 73.27 | 67.80 | 0.824 times |
| 05 Fri Apr 2024 | 72.01 | 71.25 | 72.68 | 68.75 | 1.113 times |
| 28 Thu Mar 2024 | 70.88 | 68.95 | 71.36 | 67.94 | 0.622 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 Fri Apr 2024 | 66.68 | 71.25 | 73.27 | 66.25 | 0.437 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 |
| 31 Wed Jan 2024 | 67.58 | 66.25 | 69.77 | 61.38 | 0.524 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Olympic Steel stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 67.92 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 positive
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Olympic Steel stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 67.92 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.