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Stock analysis Indian Oil Corporation Limited IOC

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Moving Averages for Indian Oil Corporation Limited

  • 5Day Average: 169.5
  • 12Day Average: 170.03
  • 20Day Average: 166.95
  • 50Day Average: 173.12
  • 100Day Average: 150.37
  • 150Day Average: 131.33
  • 200Day Average: 122.06

IOC Indicators & signals

Indicator MACD (12,26,9)

169.13, 168.84, 0.24
Indicator MACD is in positive zone

Indicator ADX (14)

12.64, 22.37, 28.84
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of IOC Indian Oil Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Tue Apr 2024 169.00 165.50 to 170.80 1.56% 0.91 times
15 Mon Apr 2024 166.40 162.65 to 169.95 -2.2% 1.42 times
12 Fri Apr 2024 170.15 169.75 to 173.45 -1.68% 1.12 times
10 Wed Apr 2024 173.05 168.90 to 174.20 2.46% 1.25 times
09 Tue Apr 2024 168.90 168.00 to 170.85 -0.82% 0.48 times
08 Mon Apr 2024 170.30 168.75 to 171.85 1.37% 0.69 times
05 Fri Apr 2024 168.00 164.60 to 168.85 -0.97% 1.25 times
04 Thu Apr 2024 169.65 169.05 to 174.95 -2.33% 0.85 times
03 Wed Apr 2024 173.70 173.15 to 175.20 -0.29% 0.9 times
02 Tue Apr 2024 174.20 169.30 to 174.50 2.92% 1.37 times
01 Mon Apr 2024 169.25 168.75 to 171.25 0.89% 0.69 times
28 Thu Mar 2024 167.75 166.70 to 169.50 0.93% 0.8 times

Technical analysis forecast for Indian Oil Corporation Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indian Oil Corporation Limited IOC at this time. Stock is falling and might fall more.

It appears as if Indian Oil Corporation Limited IOC gave a large move recently.

Stock of Indian Oil Corporation Limited (IOC) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Indian Oil Corporation Limited is bearish for shortterm, and stock might move down till 164.2 or till 158.3. Use a stoploss of 169.03 and if the stock hits stoploss, then it can shoot up till 173.9

More indepth analysis on MunafaSutra.com