INTEROIL CORP (IOC) Technical Analysis
NYSE:IOC • CA4609511064
Current stock price
IOC Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to IOC. IOC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, IOC did better than 92% of all other stocks.
- IOC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IOC is performing more or less in line with the market.
- In the last month IOC has a been trading in a tight range between 47.56 and 48.75.
- Volume is considerably higher in the last couple of days.
IOC Weekly and Daily overview Charts
IOC Setup Rating and Analysis
Although the technical rating is only medium, IOC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
IOC Support and Resistance Analysis
45.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.86 to 48.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.55 to 45.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 48.51 to 48.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.85 from a trend line in the daily time frame.
- A resistance zone ranging from 50.93 to 51.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
IOC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IOC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOC is neutral. |
| ChartMill Relative Strength | 92.08 | POSITIVE | IOC has a high relative strength, it outperformed 92.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IOC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IOC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.32 | NEUTRAL | The RSI value for IOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.65 | OVERBOUGHT | The high Stochastics value suggests IOC may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for IOC suggests low volalility. |
IOC Chart- and CandleStick Pattern Analysis
IOC Technicals: Chart, Performance Metrics, Trend & Indicators
48.36
-0.04 (-0.08%)
INTEROIL CORP / IOC TA FAQ
What is the technical rating for IOC stock?
ChartMill assigns a technical rating of 4 / 10 to IOC.
Can you provide the trend direction for INTEROIL CORP?
The current trend direction for INTEROIL CORP (IOC) is Bullish.
What is the RSI signal for IOC stock?
INTEROIL CORP (IOC) has an RSI value of 57.3151. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INTEROIL CORP?
The MACD indicator for INTEROIL CORP (IOC) has a value of 0.0482191, indicating a bearish trend.
Can you provide the support and resistance levels for INTEROIL CORP?
INTEROIL CORP (IOC) has a support level at 48.21 and a resistance level at 48.51. Check the full technical report for our detailed analysis of IOC support and resistance levels.