OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Stock Technical Analysis
USA - NASDAQ:OLLI - US6811161099 - Common Stock
120.6 USD
-0.78 (-0.64%)
120.6 USD
0 (0%)
We assign a technical rating of 2 out of 10 to OLLI. Although OLLI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month OLLI has a been trading in the 119.04 - 136.41 range, which is quite wide. It is currently trading near the lows of this range.
OLLI has an average volume of 1128840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, OLLI did better than 73% of all other stocks. However, OLLI's most recent performance is quite weak.
OLLI is part of the Broadline Retail industry. There are 30 other stocks in this industry, OLLI did better than 48% of them.
OLLI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OLLI is lagging the market.
Although the technical rating is bad, OLLI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 120.59, a Stop Loss order could be placed below this zone.
More info and screens
109.48
142.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 120.59 to 120.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @116.43 from a trend line in the weekly time frame.
- Support @110.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 130.41 to 130.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @135.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 138.04 to 138.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @140.80 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OLLI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OLLI is down. |
| ChartMill Relative Strength | 73.13 | POSITIVE | OLLI has a high relative strength, it outperformed 73.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OLLI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OLLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OLLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.39 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests OLLI has a negative trend. |
| Stochastics (14,3) | 11.4 | OVERSOLD | The low Stochastics value suggests OLLI may be oversold. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for OLLI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
120.6
-0.78 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.64%
1 Week-4.33%
2 Weeks-5.45%
1 Month-10.45%
3 Month-9.82%
6 Month12.38%
12 Month32.95%
2 Year56.14%
3 Year115.36%
5 Year38.48%
10 Year660.88%
15 YearN/A
Volatility
ATR(14)4.73
ATR(20)%3.69%
ATR Inc-32.69%
Range Today2.53
ADR(20)4.35
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.13
3 months CRS17.82
6 months CRS54.57
Mansfield-0.59
10 Day High133.28
10 Day Low119.04
20 Day High136.41
20 Day Low119.04
52 Week High141.74
52 Week Low86.88
CS1 End120.59
CR1 Start130.41
Volume & EV
DER(3)0.89%
DER(5)0.42%
Volume880.20K
Volume Incr-18.15%
Vol(5)886.00K
Vol(50)1.13M