Technical Analysis for ZEUS - Olympic Steel, Inc.

Grade Last Price % Change Price Change
B 68.62 0.54% 0.37
ZEUS closed up 0.54 percent on Monday, April 15, 2024, on 54 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Strong but Oversold Other 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish 0.54%
50 DMA Support Bullish 0.54%
Bollinger Band Squeeze Range Contraction 0.54%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 14 hours ago
20 DMA Resistance about 15 hours ago
Rose Above 20 DMA about 15 hours ago
60 Minute Opening Range Breakout about 15 hours ago
Gap Up Closed about 17 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 77,041
200-Day Moving Average 58.07
50-Day Moving Average 68.01
20-Day Moving Average 69.45
10-Day Moving Average 70.23
Average True Range 2.15
RSI (14) 48.98
ADX 20.95
+DI 20.80
-DI 20.40
Chandelier Exit (Long, 3 ATRs) 66.82
Chandelier Exit (Short, 3 ATRs) 69.57
Upper Bollinger Bands 72.58
Lower Bollinger Band 66.33
Percent B (%b) 0.37
BandWidth 9.00
MACD Line 0.64
MACD Signal Line 0.91
MACD Histogram -0.2665
Fundamentals Value
Market Cap 763.91 Million
Num Shares 11.1 Million
EPS 3.55
Price-to-Earnings (P/E) Ratio 19.33
Price-to-Sales 0.35
Price-to-Book 1.40
PEG Ratio 0.46
Dividend 0.47
Dividend Yield 0.68%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 70.63
Resistance 3 (R3) 70.72 70.15 70.30
Resistance 2 (R2) 70.15 69.63 70.10 70.18
Resistance 1 (R1) 69.38 69.32 69.10 69.29 70.07
Pivot Point 68.81 68.81 68.66 68.76 68.81
Support 1 (S1) 68.04 68.29 67.76 67.95 67.17
Support 2 (S2) 67.47 67.98 67.42 67.06
Support 3 (S3) 66.70 67.47 66.95
Support 4 (S4) 66.61