Angle Huntsman vote overhang gives Olin a near-term re-rating trigger after the washout into the low $20s.
Momentum and stochastics lanes lean constructive: RSI near 43 with weekly RSI around 30, stochastics crossed up from oversold (%K near 19), and MACD sits above signal with a slightly positive histogram while close is only about 1.7% below the 20-EMA. Bollinger %B at 0.39 and bandwidth near 16% point to range compression rather than stretched downside, and weekly MACD histogram is rising though price remains below the 50-week SMA. The pending Huntsman vote still fits the entry thesis as a discrete catalyst; daily lower highs and a firm downtrend keep the posture watchful, but bullish RSI divergence and a rising OBV slope support a sentiment-reset bounce rather than abandonment of the deal angle.
Triangulation
Indicators as of Oct 15, 2026 12:15 PM PT
| Trend | CAUTION | EMA20<SMA50<SMA200 · ADX 31.1 strong · -2.1% vs EMA20 · close<EMA20 · -DI > +DI |
| Momentum | HOLD | RSI 41.6 · RSIw 30.4 · hist 0.00 · MACD>signal |
| Stochastics | HOLD | %K/19 · %D/11 · cross up · oversold |
| Bollinger | HOLD | %B 0.36 · BW 16.3% · ATR 3.8% |
| Weekly | WATCHING | RSIw 31.1 · RSI<RSI-SMA · hist -0.40 · hist rising · close<SMA50 |
| Price action | WATCHING | 20d 15% · 52w 3% · lower highs (3) |
| Volume | HOLD | 0.60x avg · OBV ↑ |
| Position | CAUTION | PnL -26.14% · peak +17.11% · dd -30.25% · 2.4mo held |