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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 2024-05-30 View latest technical analysis

10 day averaged volume of Oil Country is 25837

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	37.25	38.20	38.90	36.00	1.058 times
29 Wed May 2024	37.05	35.00	37.30	35.00	0.686 times
28 Tue May 2024	36.00	35.05	36.80	35.05	0.63 times
27 Mon May 2024	36.35	37.40	37.50	35.80	1.386 times
24 Fri May 2024	37.40	38.55	38.55	36.85	1.752 times
23 Thu May 2024	38.55	39.00	39.05	38.00	0.871 times
22 Wed May 2024	39.65	41.75	41.75	38.70	0.772 times
21 Tue May 2024	40.00	40.05	40.20	38.70	1.633 times
18 Sat May 2024	40.20	40.00	41.50	39.00	0.501 times
17 Fri May 2024	39.60	40.60	40.60	38.50	0.525 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 37.1 as stoploss in an intra day buy trade for a target of 39.1. However, stock will show a bearish move below 37.1.

Share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Target	26.80
Downside Target	34.25
Downside Target	35.00
Downside Target	36.05
Downside Target	36.85
Upside Target	38.90
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	35.2
Downside Intraday Target	33.15
Upside Intraday Target	39.1
Upside Intraday Target	40.95
Downside Intraday Target	37.05

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	37.25	37.40	38.90	35.00	0.748 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
30 Thu May 2024	37.25	44.20	46.00	35.00	0.946 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Oil Country stock for short term is SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 38.09 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.