USA - NYSE:OLN - US6806652052 - Common Stock
We assign a technical rating of 1 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.
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.
17.78
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 OLN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLN is neutral. |
| ChartMill Relative Strength | 12.14 | NEGATIVE | OLN has a low relative strength, it was outperformed by 87.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.6 | NEUTRAL | The RSI value for OLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests OLN has a negative trend. |
| Stochastics (14,3) | 36.65 | NEUTRAL | The Stochastics value for OLN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for OLN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for OLN suggests a weak or negative trend. |
21.03
-2.99 (-12.45%)
ChartMill assigns a technical rating of 1 / 10 to OLN.
The current trend direction for OLIN CORP (OLN) is Bearish.
OLIN CORP (OLN) has an RSI value of 36.5955. This indicates that the stock is currently neutral.
The short term momentum for OLIN CORP (OLN) is neutral.