INTEROIL EXPLORATION AND PRO (IOX.OL) Stock Technical Analysis
OSL:IOX - Euronext Oslo - NO0013119255 - Common Stock - Currency: NOK
Overall IOX gets a technical rating of 2 out of 10. IOX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IOX is a bad performer in the overall market: 94% of all stocks are doing better.
IOX is part of the Oil, Gas & Consumable Fuels industry. There are 62 other stocks in this industry, of which 78% are performing better than IOX.
IOX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IOX has a been trading in the 1.25 - 2.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
IOX 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 very little resistance above the current price. There is a support zone below the current price at 1.48, a Stop Loss order could be placed below this zone.
More info and screens
1.35
2.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.39 from a trend line in the weekly time frame.
- Support @1.36 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @1.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.99 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.08 from a trend line in the daily time frame.
- Resistance @2.15 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for IOX.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IOX.OL is down. |
| ChartMill Relative Strength | 6.25 | NEGATIVE | IOX.OL has a low relative strength, it was outperformed by 93.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOX.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IOX.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOX.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.04 | NEUTRAL | The RSI value for IOX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IOX.OL has a negative trend. |
| Stochastics (14,3) | 13.66 | OVERSOLD | The low Stochastics value suggests IOX.OL may be oversold. |
| Average True Range in percent/ATR (20) | 16.33 | HIGH VOLATILITY | The high ATR as a percentage value for IOX.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.07 | POSITIVE | The high ADX value value for IOX.OL suggests a strong trend. |
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)
OSL:IOX (6/30/2025, 3:47:06 PM)
1.532
+0 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.13%
1 Week-12.95%
2 Weeks-16.28%
1 Month-0.52%
3 Month24.55%
6 Month-21.44%
12 Month-75.13%
2 Year86.83%
3 Year15.89%
5 Year-6.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%16.33%
ATR Inc-77.13%
Range Today0.03
ADR(20)0.24
ADR(20)%15.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.25
Mansfield-3.83
10 Day High2.3
10 Day Low1.51
20 Day High2.74
20 Day Low1.25
52 Week High6.5
52 Week Low1.02
CS1 End1.48
CR1 Start2.01
Volume & EV
DER(3)-17.11%
DER(5)-10.27%
Volume2.19K
Volume Incr-88.75%
Vol(5)33.08K
Vol(50)131.35K