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(OILCOUNTUB) Oil Country complete technical analysis [charts+indicators] | Buy/Sell Oil Country | (OILCOUNTUB) share price targets

Complete technical analysis of Oil Country (OILCOUNTUB) by charts plus indicators, forecast predictions and share price targets for Oil Country (OILCOUNTUB)

Oil Country trades in NSE in Oil Equipment & Services sector.

Showing technical analysis as on 2023-12-22 View latest technical analysis

10 day averaged volume of Oil Country is 135975

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	26.80	25.55	26.80	25.55	0.32 times
21 Thu Dec 2023	25.55	25.35	26.35	25.35	0.7 times
20 Wed Dec 2023	26.65	27.00	27.45	25.55	1.138 times
19 Tue Dec 2023	26.15	26.10	27.00	25.95	0.383 times
18 Mon Dec 2023	26.15	26.70	27.30	25.80	0.503 times
15 Fri Dec 2023	26.00	26.55	26.80	25.05	0.3 times
14 Thu Dec 2023	26.00	26.40	26.40	25.50	0.336 times
13 Wed Dec 2023	25.55	26.90	27.00	25.40	0.552 times
12 Tue Dec 2023	25.90	28.00	28.00	25.60	0.917 times
11 Mon Dec 2023	26.85	29.50	29.65	26.85	2.212 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.7 as stoploss in an intra day sell trade for a target of 25.19. However, stock will show a bullish move above 27.7.

Share price targets for Oil Country (OILCOUNTUB)

Target Type	Value
Downside Target	12.90
Downside Target	13.70
Downside Target	14.10
Downside Target	14.65
Downside Target	17.65
Downside Target	18.80
Downside Target	19.75
Downside Target	22.20
Downside Target	25.05
Upside Target	27.45
Upside Target	28.25
Upside Target	29.65
Upside Target	30.05

Intraday share price targets for Oil Country (OILCOUNTUB)

Target Type	Value
Downside Intraday Target	25.62
Downside Intraday Target	24.43
Upside Intraday Target	27.72
Upside Intraday Target	28.63
Downside Intraday Target	26.53

Weekly technical analysis of Oil Country (OILCOUNTUB)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	26.80	26.70	27.45	25.35	0.705 times
15 Fri Dec 2023	26.00	29.50	29.65	25.05	0.527 times
08 Fri Dec 2023	28.25	23.45	28.25	22.40	0.148 times
21 Wed Jun 2023	29.65	20.40	30.05	19.75	12.022 times
16 Fri Jun 2023	19.20	21.30	22.20	18.80	0.279 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Oil Country (OILCOUNTUB)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	26.80	23.45	29.65	22.40	0.2 times
21 Wed Jun 2023	29.65	14.95	30.05	14.65	20.595 times
31 Wed May 2023	14.75	17.10	17.65	14.10	0.708 times
28 Fri Apr 2023	17.15	14.20	18.85	13.70	1.043 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Oil Country (OILCOUNTUB)

Price action analysis of Oil Country ( (OILCOUNTUB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Oil Country ( (OILCOUNTUB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Oil Country ( (OILCOUNTUB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Oil Country ( (OILCOUNTUB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Oil Country stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Oil Country in short term but the sell signal is initial and weak.

Oil Country Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Oil Country in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Oil Country is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.32 and Oil Country (OILCOUNTUB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Oil Country (OILCOUNTUB) stock. Volume based technical analysis of Oil Country (OILCOUNTUB) stock is negative.

Oil Country Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.