OLIN CORP (OLN) Stock Technical Analysis
NYSE:OLN - New York Stock Exchange, Inc. - US6806652052 - Common Stock - Currency: USD
Taking everything into account, OLN scores 0 out of 10 in our technical rating. OLN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than OLN.
OLN is one of the lesser performing stocks in the Chemicals industry. 86% of 85 stocks in the same industry do better.
OLN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month OLN has a been trading in the 26.48 - 33.68 range, which is quite wide. It is currently trading near the lows of this range.
OLN has an average volume of 1967370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, OLN does present a nice setup opportunity. 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 28.60. Right above this resistance zone may be a good entry point.
More info and screens
26.59
59.31
5 important resistance areas can be observed.
- A resistance zone ranging from 28.60 to 29.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @33.80 from a horizontal line in the daily time frame.
- Resistance @35.98 from a trend line in the daily time frame.
- Resistance @41.01 from a trend line in the weekly time frame.
- Resistance @58.72 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.56
Mansfield-4.51
10 Day High28.77
10 Day Low26.77
20 Day High33.68
20 Day Low26.48
52 Week High60.6
52 Week Low26.48
Performance
1 Week-3.62%
2 Weeks-5.62%
1 Month-19.68%
3 Month-37.35%
6 Month-39.57%
12 Month-48.93%
2 Year-53.49%
3 Year-47.85%
5 Year65.9%
10 Year-4.21%
15 Year53.4%
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)0.07
RSI(14)30.79
LBB26.77
UBB28.88
26.86
-0.7 (-2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.54%
1 Week-3.62%
2 Weeks-5.62%
1 Month-19.68%
3 Month-37.35%
6 Month-39.57%
12 Month-48.93%
2 Year-53.49%
3 Year-47.85%
5 Year65.9%
10 Year-4.21%
15 Year53.4%
Volatility
ATR(14)1.12
ATR(20)%4.49%
ATR Inc-31.67%
Range Today1.08
ADR(20)1.06
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.56
Mansfield-4.51
10 Day High28.77
10 Day Low26.77
20 Day High33.68
20 Day Low26.48
52 Week High60.6
52 Week Low26.48
CS1 EndN/A
CR1 Start28.6
Volume & EV
DER(3)-0.81%
DER(5)-0.35%
Volume1.37M
Volume Incr-34.88%
Vol(5)1.32M
Vol(50)1.97M