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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, OLLI is a bad performer in the overall market: 85% of all stocks are doing better.
- OLLI is part of the Broadline Retail industry. There are 30 other stocks in this industry, of which 75% are performing better than OLLI.
- OLLI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month OLLI has a been trading in the 88.44 - 107.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- OLLI has an average volume of 1311870 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
86.44
3 important support areas can be observed.
- Support @90.71 from a horizontal line in the weekly time frame.
- A support zone ranging from 89.24 to 89.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.31 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 94.26 to 94.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @97.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 102.12 to 104.52. 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 | 15.24 | NEGATIVE | OLLI has a low relative strength, it was outperformed by 84.76% 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) | 44.84 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests OLLI has a positive trend. |
| Stochastics (14,3) | 32.02 | NEUTRAL | The Stochastics value for OLLI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for OLLI suggests a possible start of a new trend. |
OLLI Chart- and CandleStick Pattern Analysis
OLLI Technicals: Chart, Performance Metrics, Trend & Indicators
94.25
+2.56 (+2.79%)
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 44.8405. 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.