Is Olympic Steel, Inc. technically bullish or bearish?
As of June 2, 2025, Olympic Steel, Inc. shows a mildly bearish trend, with mixed signals from indicators like the MACD and Bollinger Bands, suggesting a predominantly bearish outlook despite some mildly bullish signs.
As of 2 June 2025, the technical trend for Olympic Steel, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, reinforcing the bearish sentiment. Daily moving averages are bearish, and the KST shows a mildly bullish stance on the weekly but bearish on the monthly. Dow Theory indicates a mildly bearish trend on the weekly and no trend on the monthly. Overall, while there are some mildly bullish signals, the prevailing indicators suggest a predominantly bearish outlook.
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