NYSE:IOC - New York Stock Exchange, Inc. - CA4609511064
Overall IOC gets a technical rating of 5 out of 10. In the last year, IOC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
45.09
2 important support areas can be observed.
We can see 3 important resistance areas.
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. |
48.36
-0.04 (-0.08%)