We assign a technical rating of 1 out of 10 to OLLI. OLLI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OLLI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 117.13, a Stop Loss order could be placed below this zone.
More info and screens
111.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 117.13 to 117.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.96 from a trend line in the weekly time frame.
We can see 6 important resistance areas.
- Resistance @119.15 from a trend line in the daily time frame.
- A resistance zone ranging from 121.58 to 124.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @128.62 from a horizontal line in the daily time frame.
- Resistance @135.54 from a horizontal line in the daily time frame.
- Resistance @138.04 from a horizontal line in the weekly time frame.
- Resistance @140.80 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 | NEUTRAL | NEUTRAL | The long term trend for OLLI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OLLI is down. |
| ChartMill Relative Strength | 55.88 | NEUTRAL | OLLI is not amongst the best or worst performers 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) | UP | MIXED | The current price of OLLI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.43 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests OLLI has a negative trend. |
| Stochastics (14,3) | 64.97 | NEUTRAL | The Stochastics value for OLLI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.04 | POSITIVE | The high ADX value value for OLLI suggests a strong trend. |
118.24
-0.13 (-0.11%)
OLLIE'S BARGAIN OUTLET HOLDI / OLLI FAQ
What is the technical rating for OLLI stock?
ChartMill assigns a technical rating of 1 / 10 to OLLI.
Can you provide the trend direction for OLLIE'S BARGAIN OUTLET HOLDI?
The current trend direction for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) is Bearish.
Can you provide the RSI signal for OLLIE'S BARGAIN OUTLET HOLDI?
OLLIE'S BARGAIN OUTLET HOLDI (OLLI) has an RSI value of 40.4339. This indicates that the stock is currently neutral.
What is the MACD signal for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) stock?
The MACD indicator for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) has a value of -0.415395, indicating a bearish trend.
Can you provide the short term momentum for OLLIE'S BARGAIN OUTLET HOLDI?
The short term momentum for OLLIE'S BARGAIN OUTLET HOLDI (OLLI) is negative.