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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 2024-05-27 View latest technical analysis

10 day averaged volume of Oil Country is 29009

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	36.35	37.40	37.50	35.80	1.235 times
24 Fri May 2024	37.40	38.55	38.55	36.85	1.561 times
23 Thu May 2024	38.55	39.00	39.05	38.00	0.776 times
22 Wed May 2024	39.65	41.75	41.75	38.70	0.688 times
21 Tue May 2024	40.00	40.05	40.20	38.70	1.455 times
18 Sat May 2024	40.20	40.00	41.50	39.00	0.446 times
17 Fri May 2024	39.60	40.60	40.60	38.50	0.468 times
16 Thu May 2024	39.55	38.40	39.95	36.75	1.107 times
15 Wed May 2024	38.05	36.05	38.45	36.05	0.798 times
14 Tue May 2024	36.65	37.90	38.80	36.15	1.042 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.7, but if it comes above 37.7, then a intra day buy could be more profitable.
If you take a sell trade below 37.7, then use 37.7 as stoploss and 34.5 as target. However if you take a buy trade in stock , then use 37.7 as stoploss and 40.35 as target.

Share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Target	26.80
Downside Target	34.25
Downside Target	35.80
Upside 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	35.6
Downside Intraday Target	34.85
Upside Intraday Target	37.3
Upside Intraday Target	38.25
Upside Intraday Target	36.55

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	36.35	37.40	37.50	35.80	0.276 times
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

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
27 Mon May 2024	36.35	44.20	46.00	35.80	0.829 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 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 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 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 gaining momentum.

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

Oil Country Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 38.37 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.