OLIN CORP (OLN)

US6806652052 - Common Stock

44.3  -3.74 (-7.79%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OLN. OLN'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, OLN is a bad performer in the overall market: 81% of all stocks are doing better.
OLN is part of the Chemicals industry. There are 83 other stocks in this industry, of which 67% are performing better than OLN.
OLN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OLN is lagging the market.
In the last month OLN has a been trading in the 45.30 - 50.75 range, which is quite wide. It is currently trading near the lows of this range.
OLN has an average volume of 1106560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
OLN Weekly chart
OLN Daily chart
Setup Rating and Analysis

2

The technical rating of OLN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

42.45

59.31

When analyzing the support we notice one important area.

  • Support @42.88 from a horizontal line in the weekly time frame.

5 important resistance areas can be observed.

  • A resistance zone ranging from 45.78 to 46.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 47.56 to 49.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 49.99 to 50.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 52.36 to 52.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 57.54 to 58.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS19
Mansfield-1.65
10 Day High50.75
10 Day Low46.87
20 Day High50.75
20 Day Low45.3
52 Week High60.6
52 Week Low41.71
Performance
1 Week-3.05%
2 Weeks0.97%
1 Month-0.1%
3 Month-10.17%
6 Month-12.89%
12 Month-17.14%
2 Year-8.09%
3 Year2.15%
5 Year139.36%
10 Year80.81%
15 Year248.37%
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)0.2
RSI(14)46.7
LBB45.28
UBB50.69
OLN Daily chart

OLIN CORP

NYSE:OLN (7/26/2024, 10:22:08 AM)

44.3

-3.74 (-7.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-7.79%
1 Week-3.05%
2 Weeks0.97%
1 Month-0.1%
3 Month-10.17%
6 Month-12.89%
12 Month-17.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.2
ATR(20)%2.42%
ATR Inc
Range Today2.15
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 High50.75
10 Day Low46.87
20 Day High50.75
20 Day Low45.3
52 Week High60.6
52 Week Low41.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.10M
Volume Incr-17.11%
Vol(5)1.15M
Vol(50)1.11M