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Stock analysis Indian Oil Corporation Limited IOC

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Moving Averages for Indian Oil Corporation Limited

  • 5Day Average: 171.22
  • 12Day Average: 169.69
  • 20Day Average: 170.17
  • 50Day Average: 171.42
  • 100Day Average: 156.02
  • 150Day Average: 135.96
  • 200Day Average: 125.45

IOC Indicators & signals

Indicator MACD (12,26,9)

170.32, 169.6, 0.42
Indicator MACD is in positive zone

Indicator ADX (14)

6.44, 27.89, 24.51
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
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
30 Tue Apr 2024 168.85 167.85 to 179.80 -4.47% 2.85 times
29 Mon Apr 2024 176.75 172.20 to 178.00 3.03% 1.71 times
26 Fri Apr 2024 171.55 169.85 to 172.60 0.79% 0.73 times
25 Thu Apr 2024 170.20 168.75 to 171.00 0.86% 0.62 times
24 Wed Apr 2024 168.75 167.55 to 170.60 0.39% 0.74 times
23 Tue Apr 2024 168.10 167.95 to 173.70 -1.64% 0.83 times
22 Mon Apr 2024 170.90 168.50 to 172.20 2.55% 0.8 times
19 Fri Apr 2024 166.65 162.20 to 167.50 -1.39% 1.21 times
18 Thu Apr 2024 169.00 168.05 to 175.10 0% 1.26 times
16 Tue Apr 2024 169.00 165.50 to 170.80 1.56% 0.82 times
15 Mon Apr 2024 166.40 162.65 to 169.95 -2.2% 1.27 times
12 Fri Apr 2024 170.15 169.75 to 173.45 -1.68% 1 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 167.3 or till 164.3. Use a stoploss of 169.85 and if the stock hits stoploss, then it can shoot up till 172.38

More indepth analysis on MunafaSutra.com