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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 2024-06-20 View latest technical analysis

10 day averaged volume of Oil Country is 33691

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	39.96	39.88	41.40	39.00	1.285 times
19 Wed Jun 2024	39.85	41.50	42.00	39.55	1.456 times
18 Tue Jun 2024	40.40	40.00	41.92	39.90	2.471 times
14 Fri Jun 2024	39.93	38.77	40.45	38.00	1.044 times
13 Thu Jun 2024	38.77	41.24	41.24	37.75	0.757 times
12 Wed Jun 2024	39.68	40.98	41.21	39.00	1.311 times
11 Tue Jun 2024	39.25	39.89	39.89	38.00	0.366 times
10 Mon Jun 2024	38.22	37.79	38.22	36.40	0.67 times
07 Fri Jun 2024	36.40	36.00	37.35	34.20	0.558 times
06 Thu Jun 2024	35.75	36.25	36.35	34.65	0.56 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.4, but if it comes below 39.4, then a intra day sell could be more profitable.
If you take a sell trade below 39.4, then use 39.4 as stoploss and 37.65 as target. However if you take a buy trade in stock , then use 39.4 as stoploss and 41.6 as target.

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	36.40
Downside Target	38.00
Downside Target	38.90
Upside Target	40.40
Upside Target	41.24
Upside Target	42.00
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	38.64
Downside Intraday Target	37.32
Upside Intraday Target	41.64
Upside Intraday Target	43.32
Upside Intraday Target	40.32

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	39.96	40.00	42.00	39.00	1.256 times
14 Fri Jun 2024	39.93	37.79	41.24	36.40	1.517 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

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
20 Thu Jun 2024	39.96	36.75	42.00	32.80	0.805 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Oil Country ( (OILCOUNTUB_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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 SELL signal for Oil Country in short term but SELL 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

Stock of Oil Country is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.37 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.