OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Stock Technical Analysis
NASDAQ:OLLI - Nasdaq - US6811161099 - Common Stock - Currency: USD
Overall OLLI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OLLI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OLLI is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by OLLI over the past year are nicely spread over this period.
OLLI is part of the Broadline Retail industry. There are 28 other stocks in this industry. OLLI outperforms 85% of them.
A new 52 week high is currently being made by OLLI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month OLLI has a been trading in the 105.50 - 132.22 range, which is quite wide. It is currently trading near the high of this range.
OLLI has an average volume of 1321650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OLLI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
96.83
132.78
We found 4 important support areas.
- A support zone ranging from 110.88 to 117.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.88 to 108.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.49 from a horizontal line in the daily time frame.
- Support @97.81 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 | UP | POSITIVE | The long term trend for OLLI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLLI is up. |
| ChartMill Relative Strength | 87.22 | POSITIVE | OLLI has a high relative strength, it outperformed 87.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLLI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLLI is above the rising 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) | 69.21 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.69 | POSITIVE | The MACD value suggests OLLI has a positive trend. |
| Stochastics (14,3) | 98.03 | OVERBOUGHT | The high Stochastics value suggests OLLI may be overbought. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.35 | 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)
131.47
+1.92 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.48%
1 Week13.22%
2 Weeks16.33%
1 Month14.93%
3 Month16.1%
6 Month11.79%
12 Month33.92%
2 Year126.95%
3 Year123.78%
5 Year34.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.73
ATR(20)%3.64%
ATR Inc-31.87%
Range Today2.66
ADR(20)4.61
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.22
Mansfield1.91
10 Day High132.22
10 Day Low111.34
20 Day High132.22
20 Day Low105.5
52 Week High132.22
52 Week Low86.05
CS1 End117.29
CR1 StartN/A
Volume & EV
DER(3)0.23%
DER(5)1.02%
Volume1.26M
Volume Incr5.89%
Vol(5)1.54M
Vol(50)1.32M