Olympus (OHM) is currently priced at $17.40, exhibiting a minimal 24-hour change of 0.07649%. The daily trading range has been relatively narrow, with a high of $18.03 and a low of $16.36, indicating low volatility in the short term.

Trading volume stands at 1,283,025, contributing to a volume-to-market cap ratio of 0.47%. This suggests a lack of significant market engagement at current price levels, as the volume is relatively low compared to the overall market capitalization.

The hourly moving averages present a mixed outlook; the 8 SMA indicates a slight bearish trend at $17.49, while the 21 SMA shows a bullish signal at $17.24. The longer-term 144 SMA at $17.70 indicates a downward trend over the medium term, suggesting potential resistance around this level.

The 1-hour Relative Strength Index (RSI) is at 55, which suggests that OHM is neither overbought nor oversold in the short term. However, the 7-day RSI of 47 indicates a bearish sentiment as it approaches oversold territory, reflecting a negative price change of approximately 13.68% over the past week.

Further compounding the bearish trend, OHM has experienced a decline of around 16.46% over the last 14 days and approximately 20.04% over the past month. The significant distance from its all-time high of $1,415.26 reached in April 2021 underscores the ongoing challenges in regaining bullish momentum.

Considering the current technical indicators and recent price performance, the outlook for OHM remains cautious. Despite the minor upward movements in shorter timeframes, the overall trend is negative, and the lack of strong buying volume further supports this bearish sentiment.

Rating: Sell. The current price action and declining RSI values suggest further downside potential, and the absence of substantial buying interest may lead to continued price weakness in the near term.