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(IOC) Indian Oil complete technical analysis [charts+indicators] | Buy/Sell Indian Oil | (IOC) share price targets

Complete technical analysis of Indian Oil (IOC) by charts plus indicators, forecast predictions and share price targets for Indian Oil (IOC)

10 day averaged volume of Indian Oil is 17199229

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 162.40 163.40 163.75 161.05 2.007 times
30 Thu May 2024 161.95 164.70 165.25 161.35 0.813 times
29 Wed May 2024 165.05 166.00 166.90 164.50 0.719 times
28 Tue May 2024 167.05 169.10 169.80 165.80 0.752 times
27 Mon May 2024 168.90 169.10 170.45 166.80 0.835 times

Stock of Indian Oil (IOC) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 160 or till 155.7. Use a stoploss of 163.6 and if the stock hits stoploss, then it can shoot up till 167.19

Share price targets for Indian Oil (IOC)

Target Type Value
Downside Target 128.50
Downside Target 147.05
Downside Target 152.20
Downside Target 161.05
Upside Target 170.45
Upside Target 172.00
Upside Target 174.90
Upside Target 178.35
Upside Target 179.80
Upside Target 196.80

Intraday share price targets for Indian Oil (IOC)

Target Type Value
Downside Intraday Target 158.82
Downside Intraday Target 155.23
Upside Intraday Target 168.22
Upside Intraday Target 174.03
Upside Intraday Target 164.63

Weekly technical analysis of Indian Oil (IOC)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 162.40 169.10 170.45 161.05 1.052 times
24 Fri May 2024 168.80 164.40 170.45 163.55 0.834 times
17 Fri May 2024 164.05 159.85 164.60 154.75 0.673 times
10 Fri May 2024 158.95 171.85 172.00 155.55 0.749 times
03 Fri May 2024 170.75 173.00 179.80 167.85 2.26 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 Indian Oil (IOC)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 162.40 172.00 174.90 154.75 1.056 times
30 Tue Apr 2024 168.85 169.95 179.80 162.20 0.859 times
28 Thu Mar 2024 167.75 167.95 178.35 153.60 0.492 times
29 Thu Feb 2024 165.55 148.50 196.80 147.05 1.88 times

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 Indian Oil (IOC)

Indicator Name Indicator Value Indicator Signal
ADX 15, 23, 23 Sell
MACD -1, -1Sell
Stochastics 21Sell
CCI -139Sell
RSI 32Sell
OBV 61119215Sell
VWAP 166Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Indian Oil ( (IOC) ) 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 Indian Oil ( (IOC) ) 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 Indian Oil ( (IOC) ) 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 Indian Oil ( (IOC) ) 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 Indian Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indian Oil in short term and the sell signal is strong.

Indian Oil 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Indian Oil 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 165.92 and Indian Oil (IOC) 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 Indian Oil (IOC) stock. Volume based technical analysis of Indian Oil (IOC) stock is negative.

Indian Oil 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.

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