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Olympic Steel, Inc.

ZEUS•NASDAQ
Basic Materials
Steel
$47.86
$0.00(0.00%)
U.S. Market opens in 7h 46m

Olympic Steel, Inc. (ZEUS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Olympic Steel, Inc. (NASDAQ:ZEUS).

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

ZEUS Technical Analysis Summary

Olympic Steel, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.20)
Trend Strength:Strong (ADX: 30.70)
Volatility:Medium (ATR: 1.82)
Support/Resistance:$46.36 – $52.54 (Bollinger Bands)

Technical conditions suggest Olympic Steel, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 39.90

Bearish
Momentum remains weak below midpoint.

Williams %R: -75.31

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.55

Neutral
Price change is minimal.

Takeaway:Olympic Steel, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.80

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.70

Strong
Strong trend, momentum well established.

ATR (14): 1.82

Low
Low volatility, stable price action.

CCI (14): -69.70

Bearish
Bearish, momentum remains under pressure.

Takeaway:Olympic Steel, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$52.54
Middle Band (SMA 20)
$49.45
Lower Band
$46.36
Current Position
Within Bands

Takeaway:Olympic Steel, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$52.56
Middle Line (EMA 20)
$48.92
Lower Channel
$45.28
Squeeze Status
Squeeze On

Takeaway:Olympic Steel, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume223.33K
Money Flow Index41.58Neutral, balanced money flows with no clear signal.
Relative Vigor Index40.91Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ZEUS shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Olympic Steel, Inc., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ