Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-06 View latest technical analysis

10 day averaged volume of Oil Country is 48822

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	44.85	44.90	44.90	44.85	0.669 times
05 Mon Aug 2024	45.77	45.77	45.77	45.77	0.68 times
02 Fri Aug 2024	46.71	46.71	46.71	46.71	1.191 times
01 Thu Aug 2024	47.67	47.67	47.67	47.67	2.508 times
31 Wed Jul 2024	46.74	46.74	46.74	46.74	0.899 times
30 Tue Jul 2024	44.52	44.52	44.52	44.52	0.648 times
29 Mon Jul 2024	42.40	42.40	42.40	42.40	0.967 times
26 Fri Jul 2024	40.39	37.71	40.39	37.00	1.396 times
25 Thu Jul 2024	38.47	38.60	38.99	37.50	1.02 times
24 Wed Jul 2024	38.19	37.95	38.70	36.60	0.486 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.5, but if it comes below 44.5, then a intra day sell could be more profitable.
If you take a sell trade below 44.5, then use 44.5 as stoploss and 40.83 as target. However if you take a buy trade in stock , then use 44.5 as stoploss and 48.9 as target.

Share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Target	32.80
Downside Target	34.25
Downside Target	35.00
Downside Target	36.11
Downside Target	37.60
Downside Target	40.00
Downside Target	42.00
Downside Target	44.85
Upside Target	45.77
Upside Target	46.00
Upside Target	46.74
Upside Target	46.85
Upside Target	47.67

Intraday share price targets for Oil Country (OILCOUNTUB_BE)

Target Type	Value
Downside Intraday Target	44.54
Downside Intraday Target	44.24
Upside Intraday Target	45.46
Upside Intraday Target	46.08
Upside Intraday Target	45.16

Weekly technical analysis of Oil Country (OILCOUNTUB_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	44.85	45.77	45.77	44.85	0.217 times
02 Fri Aug 2024	46.71	42.40	47.67	42.40	1.759 times
26 Fri Jul 2024	40.39	37.10	40.39	36.11	1.189 times
19 Fri Jul 2024	37.19	39.99	40.00	36.60	1.019 times
12 Fri Jul 2024	38.66	40.34	40.49	37.60	0.758 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
06 Tue Aug 2024	44.85	47.67	47.67	44.85	0.32 times
31 Wed Jul 2024	46.74	37.42	46.74	36.11	1.304 times
28 Fri Jun 2024	37.43	36.75	42.00	32.80	1.167 times
31 Fri May 2024	36.75	44.20	46.00	35.00	0.964 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 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 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 Strong 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Oil Country in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 44.19 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.