Logo image of ZEUS

OLYMPIC STEEL INC (ZEUS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ZEUS - US68162K1060 - Common Stock

51.05 USD
+1.88 (+3.82%)
Last: 1/21/2026, 8:00:03 PM
51.05 USD
0 (0%)
After Hours: 1/21/2026, 8:00:03 PM
Technical Rating and Analysis

9

Taking everything into account, ZEUS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZEUS is showing a nice and steady performance.

  • The long and short term trends are both positive. This is looking good!
  • ZEUS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month ZEUS has a been trading in the 42.24 - 51.22 range, which is quite wide. It is currently trading near the high of this range.
  • Looking at the yearly performance, ZEUS did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
  • ZEUS is an average performer in the Metals & Mining industry, it outperforms 43% of 156 stocks in the same industry.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
OLYMPIC STEEL INC / ZEUS Weekly stock chart
OLYMPIC STEEL INC / ZEUS Daily stock chart
Setup Rating and Analysis

3

Although ZEUS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

43.42

51.57

We found 2 important support areas.

  • A support zone ranging from 46.36 to 46.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 43.86 to 44.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 51.06 to 51.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ZEUS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ZEUS is up.
ChartMill Relative Strength94.03POSITIVEZEUS has a high relative strength, it outperformed 94.03% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ZEUS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ZEUS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ZEUS is above the rising SMA(200).
Relative Strength Index/RSI (14)73.28OVERBOUGHTThe high RSI value suggests ZEUS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.21POSITIVEThe MACD value suggests ZEUS has a positive trend.
Stochastics (14,3)85.48OVERBOUGHTThe high Stochastics value suggests ZEUS may be overbought.
Average True Range in percent/ATR (20)2.91MEDIUM VOLATILITYThe ATR as a percentage value for ZEUS suggests some volalility.
Average Directional Index/ADX (14)51.43POSITIVEThe high ADX value value for ZEUS suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
OLYMPIC STEEL INC / ZEUS Daily stock chart

OLYMPIC STEEL INC

NASDAQ:ZEUS (1/21/2026, 8:00:03 PM)

After market: 51.05 0 (0%)

51.05

+1.88 (+3.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.82%
1 Week6.24%
2 Weeks13.87%
1 Month16.95%
3 Month73.94%
6 Month53.44%
12 Month44.21%
2 Year-24.46%
3 Year15.39%
5 Year273.99%
10 Year446.57%
15 Year86.52%
Volatility
ATR(14)1.68
ATR(20)%2.91%
ATR Inc41.41%
Range Today1.37
ADR(20)1.39
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.03
3 months CRS98.41
6 months CRS92.23
Mansfield3.52
10 Day High51.22
10 Day Low44.1
20 Day High51.22
20 Day Low42.24
52 Week High51.22
52 Week Low26.32
CS1 End46.74
CR1 Start51.06
Volume & EV
DER(3)-0.11%
DER(5)0.46%
Volume53.30K
Volume Incr5.13%
Vol(5)96.64K
Vol(50)111.72K

OLYMPIC STEEL INC / ZEUS FAQ

Can you provide the ChartMill technical rating for OLYMPIC STEEL INC?

ChartMill assigns a technical rating of 9 / 10 to ZEUS.


What is the current trend direction of OLYMPIC STEEL INC (ZEUS) stock?

The current trend direction for OLYMPIC STEEL INC (ZEUS) is Bullish.


Can you provide the RSI signal for OLYMPIC STEEL INC?

OLYMPIC STEEL INC (ZEUS) has an RSI value of 73.2756. This indicates that the stock is currently overbought.


What is the buy/sell signal for ZEUS stock?

The buy/sell signal for OLYMPIC STEEL INC (ZEUS) is buy as both the short term and long term trends are positive.


What are the support and resistance levels for OLYMPIC STEEL INC (ZEUS) stock?

OLYMPIC STEEL INC (ZEUS) has a support level at 46.74 and a resistance level at 51.06. Check the full technical report for our detailed analysis of ZEUS support and resistance levels.