OLIN CORP (OLN)

US6806652052 - Common Stock

47.1  -0.31 (-0.65%)

Technical Rating and Analysis

5

Taking everything into account, OLN scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. OLN was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, OLN is a bad performer in the overall market: 75% of all stocks are doing better.
OLN is part of the Chemicals industry. There are 84 other stocks in this industry, of which 65% are performing better than OLN.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
OLN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
OLN has an average volume of 1244780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OLN is lagging the market.
Weekly and Daily overview Charts
OLN Weekly chart
OLN Daily chart
Setup Rating and Analysis

6

OLN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

39.97

59.31

When analyzing the support we notice one important area.

  • A support zone ranging from 40.37 to 40.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

6 important resistance areas can be observed.

  • A resistance zone ranging from 47.22 to 47.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @48.18 from a trend line in the daily time frame.
  • A resistance zone ranging from 48.98 to 48.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @50.21 from a horizontal line in the daily time frame.
  • Resistance @56.72 from a trend line in the weekly time frame.
  • Resistance @58.72 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.14
Mansfield-1.68
10 Day High48.8
10 Day Low45.7
20 Day High49.6
20 Day Low42.42
52 Week High60.6
52 Week Low39.47
Performance
1 Week-1.19%
2 Weeks-3.19%
1 Month10.36%
3 Month-1.56%
6 Month-12.9%
12 Month-1.48%
2 Year-10.46%
3 Year-16.8%
5 Year158.51%
10 Year95.59%
15 Year210.48%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)58.45
LBB45.41
UBB49.19
OLN Daily chart

OLIN CORP

NYSE:OLN (10/14/2024, 9:56:59 AM)

47.1

-0.31 (-0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.65%
1 Week-1.19%
2 Weeks-3.19%
1 Month10.36%
3 Month-1.56%
6 Month-12.9%
12 Month-1.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.39
ATR(20)%2.87%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High48.8
10 Day Low45.7
20 Day High49.6
20 Day Low42.42
52 Week High60.6
52 Week Low39.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume28.92K
Volume Incr-35.1%
Vol(5)980.00K
Vol(50)1.24M