OLYMPIC STEEL INC (ZEUS) Technical Analysis

NASDAQ:ZEUS • US68162K1060

47.86 USD
-2.98 (-5.86%)
At close: Feb 12, 2026
47.86 USD
0 (0%)
After Hours: 2/12/2026, 8:22:22 PM
Technical Rating and Analysis

7

Overall ZEUS gets a technical rating of 7 out of 10. In the last year, ZEUS was one of the better performers, but we do observe some doubts in the very recent evolution.

  • ZEUS is one of the lesser performing stocks in the Metals & Mining industry. 62% of 157 stocks in the same industry do better.
  • In the last month ZEUS has a been trading in the 46.29 - 52.65 range, which is quite wide. It is currently trading near the lows of this range.
  • The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
  • ZEUS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZEUS is lagging the market slightly.
  • When comparing the yearly performance of all stocks, we notice that ZEUS is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
  • Volume is considerably higher in the last couple of days.
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 present a decent entry opportunity 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

46.44

52.70

When analyzing the support we notice one important area.

  • Support @46.91 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @51.15 from a horizontal line in the weekly time frame.
  • Resistance @52.18 from a horizontal line in the daily time frame.
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 IndicatorNEUTRALNEUTRALThe short term trend for ZEUS is neutral.
ChartMill Relative Strength88.1POSITIVEZEUS has a high relative strength, it outperformed 88.1% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ZEUS is below a declining 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)48.5NEUTRALThe RSI value for ZEUS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.39NEGATIVEThe MACD value suggests ZEUS has a negative trend.
Stochastics (14,3)42.55NEUTRALThe Stochastics value for ZEUS is a neutral value.
Average True Range in percent/ATR (20)4.16MEDIUM VOLATILITYThe ATR as a percentage value for ZEUS suggests some volalility.
Average Directional Index/ADX (14)31.37POSITIVEThe 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)

ZEUS Technicals: Chart, Performance Metrics, Trend & Indicators

OLYMPIC STEEL INC / ZEUS Daily stock chart

OLYMPIC STEEL INC

NASDAQ:ZEUS (2/12/2026, 8:22:22 PM)

After market: 47.86 0 (0%)

47.86

-2.98 (-5.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.86%
1 Week-5.64%
2 Weeks-0.56%
1 Month-2.7%
3 Month40.85%
6 Month49.19%
12 Month35.39%
2 Year-29.64%
3 Year-8.84%
5 Year168.27%
10 Year346.46%
15 Year77.98%
Volatility
ATR(14)2.06
ATR(20)%4.16%
ATR Inc116.13%
Range Today5.06
ADR(20)1.93
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.1
3 months CRS93.57
6 months CRS92.31
Mansfield2.38
10 Day High52.65
10 Day Low46.29
20 Day High52.65
20 Day Low46.29
52 Week High52.65
52 Week Low26.32
CS1 End46.91
CR1 Start51.15
Volume & EV
DER(3)-0.26%
DER(5)-2.11%
Volume682.30K
Volume Incr124.16%
Vol(5)219.34K
Vol(50)109.97K

OLYMPIC STEEL INC / ZEUS FAQ

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

ChartMill assigns a technical rating of 7 / 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 48.5049. This indicates that the stock is currently neutral.


What is the support and resistance level for ZEUS stock?

OLYMPIC STEEL INC (ZEUS) has a support level at 46.91 and a resistance level at 51.15. Check the full technical report for our detailed analysis of ZEUS support and resistance levels.