OLIN CORP (OLN)

US6806652052 - Common Stock

52.4125  +0.55 (+1.07%)

Technical Rating and Analysis

4

Taking everything into account, OLN scores 4 out of 10 in our technical rating. OLN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

68% of all other stocks performed better in the past year than OLN.
OLN has an average volume of 1180130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OLN is part of the Chemicals industry. There are 85 other stocks in this industry, OLN did better than 57% of them.
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.
In the last month OLN has a been trading in the 49.60 - 56.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OLN Weekly chart
OLN Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, OLN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 51.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OLN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

42.45

58.40

2 important support areas can be observed.

  • A support zone ranging from 49.61 to 52.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @42.88 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 54.51 to 55.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @57.82 from a trend 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
CRS32.84
Mansfield-1.19
10 Day High53.59
10 Day Low49.84
20 Day High56.56
20 Day Low49.6
52 Week High60.45
52 Week Low41.71
Performance
1 Week2.47%
2 Weeks2.43%
1 Month0.35%
3 Month9.32%
6 Month-10.65%
12 Month-13.09%
2 Year0.68%
3 Year67.61%
5 Year100.54%
10 Year98.01%
15 Year396.74%
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)0.01
RSI(14)50.5
LBB49.69
UBB53.15
OLN Daily chart

OLIN CORP

NYSE:OLN (2/22/2024, 2:02:48 PM)

52.4125

+0.55 (+1.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.07%
1 Week2.47%
2 Weeks2.43%
1 Month0.35%
3 Month9.32%
6 Month-10.65%
12 Month-13.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.55
ATR(20)%3.52%
ATR Inc
Range Today1.25
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 High53.59
10 Day Low49.84
20 Day High56.56
20 Day Low49.6
52 Week High60.45
52 Week Low41.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume436.30K
Volume Incr-26.33%
Vol(5)921.38K
Vol(50)1.18M