Olympus (OHM) is currently priced at $17.12, reflecting a slight 24-hour increase of 0.84%. The daily trading range has been relatively narrow, with a high of $17.66 and a low of $16.70, indicating limited volatility in the short term.

The trading volume stands at 171,590, which corresponds to a low market activity level, as evidenced by a volume-to-market cap ratio of just 0.06%. This low volume may contribute to price stagnation, suggesting that interest in OHM is not significantly increasing despite the recent price movement.

Technical indicators show a bearish sentiment, with hourly moving averages indicating downward trends across multiple timeframes; for instance, the 8 SMA is at $17.22 and has decreased by 0.60%. The 1-hour RSI at 46 is near the neutral zone, indicating that OHM is not oversold or overbought but rather lacks momentum.

Over the past week, the 7-day RSI is at 49, reflecting a slight downward price trend of approximately -2.97%. Furthermore, the 14-day and 30-day price changes are both negative, at -1.61% and -17.41% respectively, suggesting a longer-term bearish trend.

Despite its all-time high of $1415.26 from April 2021, current price levels indicate a significant decline from previous peaks, highlighting the challenges Olympus faces in regaining market confidence. Overall, with a lack of upward momentum and continued downtrends in both short and medium-term price changes, the outlook appears bearish.

Given the current technical indicators, volume metrics, and overall market sentiment, a Sell rating is appropriate for Olympus (OHM). The lack of buying pressure and significant negative price movements over the past month suggest that further declines could be imminent.