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

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

Showing technical analysis as on 2024-05-17 View latest technical analysis

10 day averaged volume of Oil Country is 21765

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	39.60	40.60	40.60	38.50	0.624 times
16 Thu May 2024	39.55	38.40	39.95	36.75	1.475 times
15 Wed May 2024	38.05	36.05	38.45	36.05	1.064 times
14 Tue May 2024	36.65	37.90	38.80	36.15	1.389 times
13 Mon May 2024	37.95	37.30	40.25	37.30	2.212 times
10 Fri May 2024	39.25	39.25	39.25	39.25	0.318 times
09 Thu May 2024	40.05	40.05	40.05	40.05	0.426 times
08 Wed May 2024	40.85	40.85	40.85	40.85	0.131 times
07 Tue May 2024	41.65	41.65	41.65	41.65	0.029 times
06 Mon May 2024	42.50	42.50	42.50	42.50	1.193 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.3 as stoploss in an intra day buy trade for a target of 42.3. However, stock will show a bearish move below 39.3.

Share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Target	26.80
Downside Target	34.25
Downside Target	36.05
Downside Target	39.10
Upside Target	40.40
Upside Target	41.75
Upside Target	43.35
Upside Target	46.00
Upside Target	46.85
Upside Target	53.00
Upside Target	58.60

Intraday share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Intraday Target	36.9
Downside Intraday Target	34.2
Upside Intraday Target	41.45
Upside Intraday Target	43.3
Downside Intraday Target	38.75

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	39.60	37.30	40.60	36.05	3.225 times
10 Fri May 2024	39.25	42.50	42.50	39.25	0.277 times
03 Fri May 2024	43.35	45.00	46.00	43.35	1.062 times
26 Fri Apr 2024	45.90	44.20	46.85	44.20	2.378 times
19 Fri Apr 2024	43.35	40.70	43.35	40.70	0.534 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	39.60	44.20	46.00	36.05	0.488 times
30 Tue Apr 2024	45.10	34.25	46.85	34.25	0.323 times
28 Thu Mar 2024	34.95	37.15	40.40	26.80	1.69 times
29 Thu Feb 2024	39.10	53.00	53.00	39.10	0.547 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_BE)

Price action analysis of Oil Country ( (OILCOUNTUB_BE) ) 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_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Oil Country ( (OILCOUNTUB_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Oil Country in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.96 and Oil Country (OILCOUNTUB_BE) 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_BE) stock. Volume based technical analysis of Oil Country (OILCOUNTUB_BE) 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.