OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Technical Analysis
NASDAQ:OLLI • US6811161099
Current stock price
OLLI Technical Rating and Analysis
Taking everything into account, OLLI scores 0 out of 10 in our technical rating. OLLI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 73% of all other stocks performed better in the past year than OLLI.
- OLLI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OLLI is lagging the market.
- In the last month OLLI has a been trading in the 98.19 - 112.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- OLLI has an average volume of 1167060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OLLI is part of the Broadline Retail industry. There are 30 other stocks in this industry, OLLI did better than 55% of them.
OLLI Weekly and Daily overview Charts
OLLI Setup Rating and Analysis
OLLI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 108.33. Right above this resistance zone may be a good entry point.
More info and screens
OLLI Support and Resistance Analysis
97.97
We found 1 important resistance area.
- A resistance zone ranging from 108.33 to 110.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OLLI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for OLLI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OLLI is down. |
| ChartMill Relative Strength | 27.85 | NEGATIVE | OLLI has a low relative strength, it was outperformed by 72.15% 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) | DOWN | NEGATIVE | The current price of OLLI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.7 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests OLLI has a negative trend. |
| Stochastics (14,3) | 16.49 | OVERSOLD | The low Stochastics value suggests OLLI may be oversold. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for OLLI suggests a weak or negative trend. |
OLLI Chart- and CandleStick Pattern Analysis
OLLI Technicals: Chart, Performance Metrics, Trend & Indicators
98.96
-2.78 (-2.73%)
OLLIE'S BARGAIN OUTLET HOLDI / OLLI TA FAQ
What is the technical rating for OLLI stock?
ChartMill assigns a technical rating of 0 / 10 to OLLI.
What is the trend direction for OLLI stock?
The current trend direction for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) is Bearish.
What is the RSI signal for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) stock?
OLLIE'S BARGAIN OUTLET HOLDI (OLLI) has an RSI value of 36.6962. This indicates that the stock is currently neutral.
What is the short term momentum for OLLI stock?
The short term momentum for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) is negative.
What is the support and resistance level for OLLI stock?
OLLIE'S BARGAIN OUTLET HOLDI (OLLI) has a resistance level at 108.33. Check the full technical report for our detailed analysis of OLLI support and resistance levels.