OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Stock Technical Analysis
USA - NASDAQ:OLLI - US6811161099 - Common Stock
120.81 USD
-3.75 (-3.01%)
120.81 USD
0 (0%)
Taking everything into account, OLLI scores 2 out of 10 in our technical rating. Although OLLI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month OLLI has a been trading in the 119.50 - 136.41 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 1130620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, OLLI did better than 71% of all other stocks. However, we also see that OLLI couldn't keep up this performance in the last couple of months.
OLLI is an average performer in the Broadline Retail industry, it outperforms 48% of 30 stocks in the same industry.
OLLI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OLLI is lagging the market.
OLLI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 120.80, a Stop Loss order could be placed below this zone.
More info and screens
109.48
142.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 120.80 to 120.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @116.43 from a trend line in the weekly time frame.
- Support @110.59 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 130.93 to 131.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @135.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 138.04 to 138.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 71.75 | POSITIVE | OLLI has a high relative strength, it outperformed 71.75% 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) | UP | POSITIVE | The current price of OLLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.34 | NEUTRAL | The RSI value for OLLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests OLLI has a negative trend. |
| Stochastics (14,3) | 15.9 | OVERSOLD | The low Stochastics value suggests OLLI may be oversold. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for OLLI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.79 | 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)
120.81
-3.75 (-3.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-3.01%
1 Week-9.06%
2 Weeks-4.88%
1 Month-9.12%
3 Month-9.66%
6 Month12.58%
12 Month33.18%
2 Year56.41%
3 Year115.73%
5 Year38.72%
10 Year662.21%
15 YearN/A
Volatility
ATR(14)4.82
ATR(20)%3.66%
ATR Inc5.62%
Range Today6.39
ADR(20)4.31
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.75
Mansfield-0.62
10 Day High133.28
10 Day Low119.51
20 Day High136.41
20 Day Low119.51
52 Week High141.74
52 Week Low86.88
CS1 End120.8
CR1 Start130.93
Volume & EV
DER(3)0.6%
DER(5)-1.54%
Volume1.05M
Volume Incr-9.31%
Vol(5)978.24K
Vol(50)1.13M