Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-24 View latest technical analysis

10 day averaged volume of Oil Country is 25174

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	37.40	38.55	38.55	36.85	1.798 times
23 Thu May 2024	38.55	39.00	39.05	38.00	0.894 times
22 Wed May 2024	39.65	41.75	41.75	38.70	0.792 times
21 Tue May 2024	40.00	40.05	40.20	38.70	1.676 times
18 Sat May 2024	40.20	40.00	41.50	39.00	0.514 times
17 Fri May 2024	39.60	40.60	40.60	38.50	0.539 times
16 Thu May 2024	39.55	38.40	39.95	36.75	1.275 times
15 Wed May 2024	38.05	36.05	38.45	36.05	0.92 times
14 Tue May 2024	36.65	37.90	38.80	36.15	1.201 times
13 Mon May 2024	37.95	37.30	40.25	37.30	1.912 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.1, but if it comes above 38.1, then a intra day buy could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 34.8 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 40.82 as target.

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	36.85
Upside Target	39.10
Upside Target	40.40
Upside Target	41.50
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	35.58
Downside Intraday Target	33.77
Upside Intraday Target	40.48
Upside Intraday Target	43.57
Upside Intraday Target	38.67

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	37.40	40.05	41.75	36.85	0.811 times
18 Sat May 2024	40.20	37.30	41.50	36.05	3.509 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

Price has moved down 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	37.40	44.20	46.00	36.05	0.76 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 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_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Oil Country ( (OILCOUNTUB_BE) ) based on a short to mid 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_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 Weak and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Oil Country in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.55 and Oil Country (OILCOUNTUB_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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