OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Technical Analysis
NASDAQ:OLLI • US6811161099
Current stock price
OLLI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to OLLI. 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.
- 88% of all other stocks performed better in the past year than OLLI.
- OLLI is part of the Broadline Retail industry. There are 30 other stocks in this industry, of which 79% are performing better than OLLI.
- OLLI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OLLI has a been trading in the 84.29 - 99.19 range, which is quite wide. It is currently trading near the lows of this range.
- OLLI has an average volume of 1433460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OLLI Weekly and Daily overview Charts
OLLI Setup Rating and Analysis
OLLI has a poor technical rating and the quality of the setup is also not perfect 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
OLLI Support and Resistance Analysis
84.55
We found 1 important support area.
- A support zone ranging from 85.40 to 85.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 97.31 to 98.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @101.42 from a trend line in the daily time frame.
- Resistance @105.05 from a trend line in the daily time frame.
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 | 12.67 | NEGATIVE | OLLI has a low relative strength, it was outperformed by 87.33% 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) | 36.84 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests OLLI has a negative trend. |
| Stochastics (14,3) | 9.49 | OVERSOLD | The low Stochastics value suggests OLLI may be oversold. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.99 | 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
85.61
-0.9 (-1.04%)
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 OLLI stock?
OLLIE'S BARGAIN OUTLET HOLDI (OLLI) has an RSI value of 36.8371. This indicates that the stock is currently neutral.
What is the short term momentum for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) stock?
The short term momentum for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) is negative.
What is the buy/sell signal for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) stock?
The buy/sell signal for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) is sell as both the short term and long term trends are negative.