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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 2023-12-28 View latest technical analysis

10 day averaged volume of Oil Country is 88448

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Dec 2023	28.55	27.75	29.50	27.70	1.616 times
27 Wed Dec 2023	28.20	29.50	29.50	27.60	2.835 times
26 Tue Dec 2023	28.10	28.00	28.10	27.00	0.659 times
22 Fri Dec 2023	26.80	25.55	26.80	25.55	0.491 times
21 Thu Dec 2023	25.55	25.35	26.35	25.35	1.077 times
20 Wed Dec 2023	26.65	27.00	27.45	25.55	1.75 times
19 Tue Dec 2023	26.15	26.10	27.00	25.95	0.588 times
18 Mon Dec 2023	26.15	26.70	27.30	25.80	0.773 times
15 Fri Dec 2023	26.00	26.55	26.80	25.05	0.462 times
14 Thu Dec 2023	26.00	26.40	26.40	25.50	0.516 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.1, but if it comes below 28.1, then a intra day sell could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 26.36 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 30.1 as target.

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	18.85
Downside Target	19.75
Downside Target	22.40
Downside Target	25.05
Downside Target	27.00
Downside Target	28.25
Upside Target	29.50
Upside Target	29.65
Upside Target	30.05

Intraday share price targets for Oil Country (OILCOUNTUB)

Target Type	Value
Downside Intraday Target	27.2
Downside Intraday Target	25.85
Upside Intraday Target	29.7
Upside Intraday Target	30.85
Downside Intraday Target	28.35

Weekly technical analysis of Oil Country (OILCOUNTUB)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Dec 2023	28.55	28.00	29.50	27.00	1.092 times
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

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
28 Thu Dec 2023	28.55	23.45	29.65	22.40	0.243 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 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 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 losing momentum.

MACD generated a BUY signal for Oil Country in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Oil Country Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 27.21 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 rising upwards.

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 is giving positive 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.