OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Stock Technical Analysis
NASDAQ:OLLI - US6811161099 - Common Stock
133.4 USD
-0.46 (-0.34%)
133.4 USD
0 (0%)
Taking everything into account, OLLI scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, OLLI did better than 85% of all other stocks. On top of that, OLLI also shows a nice and consistent pattern of rising prices.
OLLI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OLLI is lagging the market slightly.
OLLI has an average volume of 1033270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OLLI is an average performer in the Broadline Retail industry, it outperforms 66% of 28 stocks in the same industry.
In the last month OLLI has a been trading in the 124.63 - 140.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OLLI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 132.63, a Stop Loss order could be placed below this zone.
More info and screens
96.34
142.22
We found 5 important support areas.
- A support zone ranging from 126.34 to 132.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.13 from a horizontal line in the daily time frame.
- A support zone ranging from 119.64 to 120.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.50 from a trend line in the weekly time frame.
- Support @97.31 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @140.81 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 | NEUTRAL | NEUTRAL | The short term trend for OLLI is neutral. |
| ChartMill Relative Strength | 85.92 | POSITIVE | OLLI has a high relative strength, it outperformed 85.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OLLI is above a declining 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) | 52.82 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests OLLI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.97 | NEUTRAL | The Stochastics value for OLLI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.91 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 140.82 | 126.33 | 14.49 (10.29%) | 9.72% |
| An entry @140.82. This is a Buy Stop order right above the resistance zone. | An exit @126.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 14.49 points, which is 10.29%. | For a 1.00% total portfolio risk, you can invest 9.72% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
133.4
-0.46 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.34%
1 Week1.53%
2 Weeks-0.54%
1 Month-4.27%
3 Month11.75%
6 Month29.48%
12 Month52.79%
2 Year72.84%
3 Year158.53%
5 Year52.72%
10 Year724.99%
15 YearN/A
Volatility
ATR(14)4.58
ATR(20)%3.28%
ATR Inc-10.17%
Range Today2.23
ADR(20)4.25
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.92
Mansfield0.94
10 Day High140.17
10 Day Low124.63
20 Day High140.54
20 Day Low124.63
52 Week High141.74
52 Week Low86.88
CS1 End132.63
CR1 Start140.81
Volume & EV
DER(3)0.4%
DER(5)1.11%
Volume792.80K
Volume Incr22.68%
Vol(5)1.31M
Vol(50)1.03M