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ZEUS
Stock ticker: NASDAQ
AS OF
Dec 23, 10:44 AM (EDT)
Price
$33.95
Change
+$0.14 (+0.41%)
Capitalization
376.95M

ZEUS Olympic Steel Forecast, Technical & Fundamental Analysis

a stainless steel producer

Industry Steel
ZEUS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for ZEUS with price predictions
Dec 20, 2024

ZEUS in +0.50% Uptrend, advancing for three consecutive days on December 05, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ZEUS advanced for three days, in of 301 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

ZEUS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 291 cases where ZEUS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ZEUS as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ZEUS turned negative on December 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

ZEUS moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ZEUS crossed bearishly below the 50-day moving average on December 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZEUS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.660) is normal, around the industry mean (1.081). P/E Ratio (14.829) is within average values for comparable stocks, (73.701). ZEUS's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.911). Dividend Yield (0.018) settles around the average of (0.054) among similar stocks. P/S Ratio (0.196) is also within normal values, averaging (0.911).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ZEUS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

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ZEUS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

ZEUS is expected to report earnings to rise 57.55% to 17 cents per share on February 20

Olympic Steel ZEUS Stock Earnings Reports
Q4'24
Est.
$0.17
Q3'24
Missed
by $0.28
Q2'24
Beat
by $0.05
Q1'24
Beat
by $0.06
Q4'23
Beat
by $0.06
The last earnings report on October 31 showed earnings per share of 10 cents, missing the estimate of 38 cents. With 1.25K shares outstanding, the current market capitalization sits at 376.95M.
A.I.Advisor
published Dividends

ZEUS paid dividends on December 16, 2024

Olympic Steel ZEUS Stock Dividends
А dividend of $0.15 per share was paid with a record date of December 16, 2024, and an ex-dividend date of December 02, 2024. Read more...
A.I. Advisor
published General Information

General Information

a stainless steel producer

Industry Steel

Profile
Fundamentals
Details
Industry
Steel
Address
22901 Millcreek Boulevard
Phone
+1 216 292-3800
Employees
2168
Web
https://www.olysteel.com
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ZEUS and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ZEUS has been closely correlated with MTUS. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if ZEUS jumps, then MTUS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ZEUS
1D Price
Change %
ZEUS100%
-2.37%
MTUS - ZEUS
70%
Closely correlated
-0.35%
X - ZEUS
65%
Loosely correlated
-4.98%
CMC - ZEUS
65%
Loosely correlated
+1.49%
STLD - ZEUS
64%
Loosely correlated
+0.35%
RS - ZEUS
63%
Loosely correlated
+1.82%
More

Groups containing ZEUS

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ZEUS
1D Price
Change %
ZEUS100%
-2.37%
ZEUS
(2 stocks)
98%
Closely correlated
+0.62%