Is Olympic Oil Industries Limited stock a buy or sell right now?

Based on current indicators, Olympic Oil Industries Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Olympic Oil Industries Limited’s RSI?

RSI is 58.24, showing balanced momentum within the normal range.

What does MACD indicate for OLYOI.BO?

MACD at 0.24 signals bullish momentum with buyers in control.

What are Olympic Oil Industries Limited’s key support and resistance levels?

Support sits around $24.09, while resistance is near $32.46.

Olympic Oil Industries Limited

OLYOI.BO•BSE

Consumer Defensive

Food Distribution

₹30.96

₹-0.03(-0.10%)

Indian Market opens in 12h 37m

Olympic Oil Industries Limited (OLYOI.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Olympic Oil Industries Limited (BSE:OLYOI.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OLYOI.BO Technical Analysis Summary

Olympic Oil Industries Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 58.24)

Trend Strength:Moderate (ADX: 24.13)

Volatility:Medium (ATR: 1.06)

Support/Resistance:$24.09 – $32.46 (Bollinger Bands)

This mix signals that Olympic Oil Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 58.24

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 92.94

Bearish

Overbought levels may trigger pullback.

Williams %R: -10.51

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 22.98

Strongly Bullish

Strong upside momentum.

Takeaway:Olympic Oil Industries Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.24

Bullish

Bullish, trend momentum is strengthening.

ADX: 24.13

Moderate

Moderate trend, direction gaining strength.

ATR (14): 1.06

Low

Low volatility, stable price action.

CCI (14): 124.37

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Olympic Oil Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$32.46

Middle Band (SMA 20)

$28.28

Lower Band

$24.09

Current Position

Within Bands

Takeaway:Olympic Oil Industries Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$31.13

Middle Line (EMA 20)

$29.00

Lower Channel

$26.88

Squeeze Status

No Squeeze

Takeaway:Olympic Oil Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume-1.62K

Money Flow Index58.86Neutral, balanced money flows with no clear signal.

Relative Vigor Index47.36Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OLYOI.BO shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary

Based on the current technical analysis of Olympic Oil Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Olympic Oil Industries Limited are mixed, suggesting a Hold or wait-and-see approach.