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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 2024-06-04 View latest technical analysis

10 day averaged volume of Oil Country is 25287

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	34.50	36.30	37.30	34.50	0.45 times
03 Mon Jun 2024	36.30	36.75	38.00	36.05	0.631 times
31 Fri May 2024	36.75	38.00	38.75	36.30	0.389 times
30 Thu May 2024	37.25	38.20	38.90	36.00	1.081 times
29 Wed May 2024	37.05	35.00	37.30	35.00	0.701 times
28 Tue May 2024	36.00	35.05	36.80	35.05	0.643 times
27 Mon May 2024	36.35	37.40	37.50	35.80	1.416 times
24 Fri May 2024	37.40	38.55	38.55	36.85	1.79 times
23 Thu May 2024	38.55	39.00	39.05	38.00	0.89 times
22 Wed May 2024	39.65	41.75	41.75	38.70	0.789 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 34.4, for a target of 36.4 or 38.1

Share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Target	26.80
Downside Target	34.25
Upside Target	36.05
Upside Target	36.85
Upside Target	38.00
Upside Target	38.90
Upside Target	40.40
Upside Target	41.50
Upside Target	41.75
Upside Target	42.50
Upside Target	46.00
Upside Target	46.85
Upside Target	53.00

Intraday share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Intraday Target	33.33
Downside Intraday Target	32.17
Upside Intraday Target	36.83
Upside Intraday Target	39.17
Upside Intraday Target	35.67

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	34.50	36.75	38.00	34.50	0.256 times
31 Fri May 2024	36.75	37.40	38.90	35.00	0.823 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

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
04 Tue Jun 2024	34.50	36.75	38.00	34.50	0.054 times
31 Fri May 2024	36.75	44.20	46.00	35.00	0.964 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Oil Country ( (OILCOUNTUB_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Oil Country ( (OILCOUNTUB_BE) ) based on a mid to longer 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

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 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 37.14 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.