Logo image of IOC

INTEROIL CORP (IOC) Stock Technical Analysis

NYSE:IOC - New York Stock Exchange, Inc. - CA4609511064

48.36  -0.04 (-0.08%)

After market: 48.63 +0.27 (+0.56%)

Technical Rating and Analysis

5

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.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that IOC is one of the better performing stocks in the market, outperforming 92% of all stocks.
IOC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IOC is lagging the market slightly.
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.
Weekly and Daily overview Charts
INTEROIL CORP / IOC Weekly stock chart
INTEROIL CORP / IOC Daily stock chart
Setup Rating and Analysis

7

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.

  • 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.
Support and Resistance Analysis

45.09

51.88

2 important support areas can be observed.

  • 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.

We can see 3 important resistance areas.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for IOC is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for IOC is neutral.
ChartMill Relative Strength92.08POSITIVEIOC has a high relative strength, it outperformed 92.08% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of IOC is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of IOC is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of IOC is above the rising SMA(200).
Relative Strength Index/RSI (14)57.32NEUTRALThe RSI value for IOC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests IOC has a positive trend, although the MACD value is declining.
Stochastics (14,3)83.65OVERBOUGHTThe high Stochastics value suggests IOC may be overbought.
Average True Range in percent/ATR (20)0.75LOW VOLATILITYThe low ATR as a percentage value for IOC suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
INTEROIL CORP / IOC Daily stock chart

INTEROIL CORP

NYSE:IOC (2/22/2017, 8:04:06 PM)

After market: 48.63 +0.27 (+0.56%)

48.36

-0.04 (-0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week0.6%
2 Weeks0.58%
1 Month-0.39%
3 Month-0.41%
6 Month-1.61%
12 Month83.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%0.75%
ATR Inc93.78%
Range Today0.81
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.08
Mansfield0.01
10 Day High48.6
10 Day Low47.56
20 Day High48.75
20 Day Low47.56
52 Week High51.49
52 Week Low25.66
CS1 End48.21
CR1 Start48.51
Volume & EV
DER(3)-3.11%
DER(5)0.32%
Volume1.68M
Volume Incr77.27%
Vol(5)704.18K
Vol(50)467.49K