Technical Analysis for OLN - Olin Corporation

Grade Last Price % Change Price Change
B 58.56 2.02% 1.16
OLN closed up 2.02 percent on Thursday, January 26, 2023, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Earnings Movers Other 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Earnings Movers Other 2.02%
Outside Day Range Expansion 2.02%
Overbought Stochastic Strength 2.02%
Up 3 Days in a Row Strength 2.02%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 7 hours ago
Rose Above Upper Bollinger Band about 7 hours ago
Up 2% about 7 hours ago
Upper Bollinger Band Resistance about 9 hours ago
Possible NR7 about 9 hours ago

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Profile

Olin Corporation Description

Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. It operates in three segments, Chlor Alkali Products, Chemical Distribution, and Winchester. The Chlor Alkali Products segment provides chlorine/caustic soda that is used in pulp and paper processing, chemical manufacturing, water purification, manufacture of vinyl chloride, bleach, swimming pool chemicals, and urethane chemicals; and sodium hypochlorite, which is used in household cleaners, laundry bleaching, swimming pool sanitizers, semiconductors, water treatment, textiles, pulps and papers, and food processing. It also offers hydrochloric acid that is used in steel, oil and gas, plastics, organic chemical synthesis, water and wastewater treatment, brine treatment, artificial sweeteners, pharmaceuticals, food processing, and ore and mineral processing. In addition, this segment provides potassium hydroxide, which is used in fertilizer manufacturing, soaps, detergents and cleaners, battery manufacturing, food processing chemicals, and deicers; and hydrogen that is used in fuel source, hydrogen peroxide, and hydrochloric acid. The Chemical Distribution segment manufactures bleach products; and distributes caustic soda, bleach products, potassium hydroxide, and hydrochloric acid. The Winchester segment produces and distributes gauges and calibers of shotgun shells, rimfire and centerfire ammunition for pistols and rifles, reloading components, and industrial cartridges for recreational shooters, hunters, and law enforcement agencies; infantry and mounted weapons; and maintenance applications in power and concrete industries and powder-actuated tools in construction industry. The company markets its products through its sales force and directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was founded in 1892 and is based in Clayton, Missouri.


Classification

Sector: Basic Materials
Industry: Specialty Chemicals
Keywords: Pharmaceutical Semiconductor Oil And Gas U.S. Government Acid Plastic Steel Textiles Law Enforcement Chloride Hydrogen Food Processing Detergent Weapons Potassium Swimming Pool Construction Industry Disinfectant Swimming Wastewater Treatment Bleach Prime Contractor Ammunition Prime Contractors Vinyl Chloride Chemical Synthesis Rifle Chlorine Hydrogen Peroxide Chemical Manufacturing Household Chemicals Oxidizing Agents Desiccants Hydrochloric Acid Winchester Bleach Products Fertilizer Manufacturing Maintenance Applications Mineral Processing Paper Processing Sodium Compounds Sodium Hydroxide Sodium Hypochlorite Urethane Chemicals

Is OLN 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 67.25
52 Week Low 41.34
Average Volume 1,216,669
200-Day Moving Average 53.97
50-Day Moving Average 55.35
20-Day Moving Average 55.41
10-Day Moving Average 56.54
Average True Range 1.49
RSI 64.66
ADX 11.63
+DI 32.03
-DI 21.20
Chandelier Exit (Long, 3 ATRs) 54.25
Chandelier Exit (Short, 3 ATRs) 56.17
Upper Bollinger Bands 58.77
Lower Bollinger Band 52.05
Percent B (%b) 0.97
BandWidth 12.13
MACD Line 0.88
MACD Signal Line 0.56
MACD Histogram 0.3227
Fundamentals Value
Market Cap 9.24 Billion
Num Shares 158 Million
EPS 0.72
Price-to-Earnings (P/E) Ratio 81.33
Price-to-Sales 0.63
Price-to-Book 2.35
PEG Ratio 1.82
Dividend 0.80
Dividend Yield 1.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.91
Resistance 3 (R3) 60.70 59.71 60.52
Resistance 2 (R2) 59.71 59.11 59.81 60.39
Resistance 1 (R1) 59.13 58.74 59.42 59.34 60.26
Pivot Point 58.14 58.14 58.29 58.25 58.14
Support 1 (S1) 57.57 57.54 57.86 57.78 56.86
Support 2 (S2) 56.58 57.17 56.68 56.73
Support 3 (S3) 56.00 56.58 56.60
Support 4 (S4) 56.21