Technical Analysis for ZEUS - Olympic Steel, Inc.

Grade Last Price % Change Price Change
F 54.03 2.72% 1.43
ZEUS closed up 2.72 percent on Friday, May 10, 2024, on 87 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Spinning Top Other 2.72%
Lower Bollinger Band Walk Weakness 2.72%
Wide Bands Range Expansion 2.72%
Down 3 Days in a Row Weakness 2.72%
Down 4 Days in a Row Weakness 2.72%
Down 5 Days in a Row Weakness 2.72%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 1 hour ago
Up 2% about 5 hours ago
60 Minute Opening Range Breakdown about 6 hours ago
60 Minute Opening Range Breakout about 7 hours ago
Up 1% about 7 hours ago

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Profile

Olympic Steel, Inc. Description

Olympic Steel, Inc. engages in the processing and distribution of metal products primarily in the United States, Puerto Rico, and Mexico. The company operates in two segments comprising Flat Products and Tubular and Pipe Products. The Flat Products segment distributes processed carbon, coated, aluminum and stainless flat-rolled sheet, coil, and plate products. The Tubular and Pipe Products segment distributes metal tubing, pipe, bar, valves, and fittings and fabricate pressure parts to various industrial markets. The company also provides various processing services comprising cutting-to-length, slitting, sawing, and shearing; and value-added processes of blanking, tempering, plate burning, laser cutting, precision machining, welding, fabricating, bending, and painting to process metal to specified lengths, widths, and shapes. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling equipment, construction and farm machinery, storage tanks, environmental and energy generation equipment, automobiles, food service and electrical equipment, and military vehicles and equipment, as well as general and plate fabricators and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is headquartered in Bedford Heights, Ohio.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Steel Laser Metals Food Service Machining Welding Metal Products Storage Tank Hearing Metal Fabrication Electrical Equipment Material Handling Equipment Energy Generation Structural Steel Metal Forming Farm Machinery Plate Products Processing Services Shearing

Is ZEUS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 73.27
52 Week Low 40.5718
Average Volume 77,104
200-Day Moving Average 59.16
50-Day Moving Average 65.92
20-Day Moving Average 62.99
10-Day Moving Average 58.12
Average True Range 2.57
RSI (14) 23.08
ADX 35.83
+DI 7.06
-DI 37.09
Chandelier Exit (Long, 3 ATRs) 62.80
Chandelier Exit (Short, 3 ATRs) 59.37
Upper Bollinger Bands 75.34
Lower Bollinger Band 50.63
Percent B (%b) 0.14
BandWidth 39.23
MACD Line -4.00
MACD Signal Line -2.62
MACD Histogram -1.3826
Fundamentals Value
Market Cap 601.49 Million
Num Shares 11.1 Million
EPS 3.55
Price-to-Earnings (P/E) Ratio 15.22
Price-to-Sales 0.35
Price-to-Book 1.40
PEG Ratio 0.46
Dividend 0.47
Dividend Yield 0.87%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 56.63
Resistance 3 (R3) 56.37 55.26 56.19
Resistance 2 (R2) 55.26 54.60 55.38 56.05
Resistance 1 (R1) 54.64 54.19 54.95 54.90 55.90
Pivot Point 53.53 53.53 53.68 53.65 53.53
Support 1 (S1) 52.91 52.87 53.22 53.17 52.16
Support 2 (S2) 51.80 52.46 51.92 52.01
Support 3 (S3) 51.18 51.80 51.87
Support 4 (S4) 51.44