OLLIE'S BARGAIN OUTLET HOLDI (OLLI) Stock Technical Analysis
NASDAQ:OLLI - Nasdaq - US6811161099 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to OLLI. Both in the recent history as in the last year, OLLI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that OLLI is one of the better performing stocks in the market, outperforming 94% of all stocks.
OLLI is one of the better performing stocks in the Broadline Retail industry, it outperforms 86% of 31 stocks in the same industry.
OLLI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so OLLI slightly outperforms the market at the moment.
In the last month OLLI has a been trading in the 100.94 - 119.76 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
OLLI has an average volume of 1256000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OLLI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 119.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 106.60, a Stop Loss order could be placed below this zone.
More info and screens
85.37
121.00
When analyzing the support we can see 6 important areas.
- A support zone ranging from 105.12 to 106.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 101.27 to 101.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @99.11 from a horizontal line in the daily time frame.
- A support zone ranging from 96.27 to 97.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.05 from a trend line in the weekly time frame.
- Support @86.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 119.80 to 119.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.14
Mansfield2.22
10 Day High118.24
10 Day Low100.94
20 Day High119.76
20 Day Low100.94
52 Week High120.03
52 Week Low70.17
Performance
1 Week-1.15%
2 Weeks-4.69%
1 Month6.4%
3 Month4.76%
6 Month18.2%
12 Month52.92%
2 Year71.57%
3 Year132.99%
5 Year64.85%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)52.43
LBB105.27
UBB120.61
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 119.81 | 105.11 | 14.70 (12.27%) | 8.15% |
| An entry @119.81. This is a Buy Stop order right above the resistance zone. | An exit @105.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.70 points, which is 12.27%. | For a 1.00% total portfolio risk, you can invest 8.15% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
111.95
+1.98 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.8%
1 Week-1.15%
2 Weeks-4.69%
1 Month6.4%
3 Month4.76%
6 Month18.2%
12 Month52.92%
2 Year71.57%
3 Year132.99%
5 Year64.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.52
ATR(20)%5.23%
ATR Inc-34.68%
Range Today3.12
ADR(20)5.85
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.14
Mansfield2.22
10 Day High118.24
10 Day Low100.94
20 Day High119.76
20 Day Low100.94
52 Week High120.03
52 Week Low70.17
CS1 End106.6
CR1 Start119.8
Volume & EV
DER(3)2%
DER(5)1.68%
Volume1.12M
Volume Incr-27.06%
Vol(5)1.16M
Vol(50)1.26M