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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 2024-06-11 View latest technical analysis

10 day averaged volume of Oil Country is 18591

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	39.25	39.89	39.89	38.00	0.664 times
10 Mon Jun 2024	38.22	37.79	38.22	36.40	1.215 times
07 Fri Jun 2024	36.40	36.00	37.35	34.20	1.011 times
06 Thu Jun 2024	35.75	36.25	36.35	34.65	1.016 times
05 Wed Jun 2024	34.65	32.85	35.90	32.80	1.46 times
04 Tue Jun 2024	34.50	36.30	37.30	34.50	0.612 times
03 Mon Jun 2024	36.30	36.75	38.00	36.05	0.859 times
31 Fri May 2024	36.75	38.00	38.75	36.30	0.529 times
30 Thu May 2024	37.25	38.20	38.90	36.00	1.47 times
29 Wed May 2024	37.05	35.00	37.30	35.00	0.953 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.3 as stoploss in an intra day sell trade for a target of 37.57. However, stock will show a bullish move above 39.3.

Share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Target	26.80
Downside Target	32.80
Downside Target	34.25
Downside Target	35.00
Downside Target	36.05
Downside Target	38.00
Downside Target	38.90
Upside Target	39.89
Upside Target	40.40
Upside Target	41.50
Upside Target	41.75
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	37.14
Downside Intraday Target	35.02
Upside Intraday Target	40.63
Upside Intraday Target	42
Downside Intraday Target	38.51

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	39.25	37.79	39.89	36.40	0.379 times
07 Fri Jun 2024	36.40	36.75	38.00	32.80	0.862 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

Price has moved up 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
11 Tue Jun 2024	39.25	36.75	39.89	32.80	0.251 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 up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Oil Country in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Oil Country Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Oil Country in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 36.57 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 rising upwards.

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 is giving positive 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.