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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Olympic Steel, Inc. (NASDAQ:ZEUS)

Long-Term Downtrend (-90) - ZEUS is in a strong downtrend that is likely to continue. While ZEUS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZEUS?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZEUS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ZEUS
Open High Low ZEUS Price Change
64.15 64.15 56.07 57.55 -6.13
Entry Signal

MarketClub’s Trade Triangles for ZEUS

long term down The long-term trend has been DOWN since May 3rd, 2024 at 62.31

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 67.80

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 67.02

Smart Scan Analysis for ZEUS

Based on our trend formula, ZEUS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZEUS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.15 64.15 56.07 57.55 -6.13
Prev. Close Volume Bid Ask Time
57.55 136298 2024-05-03 15:59:53
Year High25.84Year High Date2018-02-20
Year Low16.305Year Low Date2018-11-27
52wk High73.4952wk High Date2024-02-23
52wk Low40.8552wk Low Date2023-05-31
Year End Close22.14Average Volume53,449
Shares Outstanding11,133Short Interest954,913
% Institutional72.6Market Cap163M
Assets984,835,000MLiabilities429,357,000M
P/E Ratio16.5403Beta1.88
Volatility46.46
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