NYSEARCA:IOIL - NYSE Arca -
We assign a technical rating of 0 out of 10 to IOIL. IOIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IOIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.39, a Stop Loss order could be placed below this zone.
9.25
We found 2 important support areas.
We can see 3 important resistance areas.
NYSEARCA:IOIL (3/16/2018, 8:23:30 PM)
10.395
-0.04 (-0.43%)