Olympus (OHM) is currently trading at $18.42, showing a significant decline of 6.74% over the past 24 hours. The price has fluctuated between a daily high of $20 and a low of $18.10, reflecting a daily range of 1.9%, indicating increased volatility in the short term.

Trading volume stands at approximately 3,087,954, with a volume-to-market cap ratio of 1.07%, which suggests relatively low market engagement compared to its market capitalization. The hourly moving averages indicate a bearish trend, with the 8-period SMA at $18.41 slightly above the current price, while longer-term SMAs show increasing resistance, especially the 144 SMA at $20.44.

Momentum indicators are showing weak signals, with the 1-hour RSI at a critical level of 23, suggesting oversold conditions in the very short term. The 7-day RSI at 40 confirms that momentum is weak but not yet in the oversold territory, while the 7-day price change indicates a decline of 11.17%, signaling ongoing bearish pressure.

Looking at longer-term trends, the 14-day and 30-day price changes show losses of 14.00% and 15.11%, respectively, confirming a sustained downtrend over the past month. Despite the significant all-time high of $1415.26 achieved in April 2021, current price levels suggest a substantial deviation from historical performance, highlighting a critical loss of investor confidence.

Given the current price action, weak momentum indicators, and the ongoing bearish trend, a cautious approach is warranted. Therefore, the rating for Olympus (OHM) is a Sell, as further declines seem likely until there are clear signs of reversal or improved market conditions.