
Europe - LON:MOIL -
We assign a technical rating of 0 out of 10 to MOIL. MOIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MOIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
0.45
We found 1 important resistance area.
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 MOIL.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOIL.L is down. |
| ChartMill Relative Strength | 0.48 | NEGATIVE | MOIL.L has a low relative strength, it was outperformed by 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOIL.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOIL.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MOIL.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.21 | NEUTRAL | The RSI value for MOIL.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MOIL.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for MOIL.L is a neutral value. |
| Average True Range in percent/ATR (20) | 23.13 | HIGH VOLATILITY | The high ATR as a percentage value for MOIL.L suggests high volalility. |
0.45
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to MOIL.L.
The current trend direction for Madagascar Oil Limited (MOIL.L) is Bearish.
Madagascar Oil Limited (MOIL.L) has an RSI value of 33.2077. This indicates that the stock is currently neutral.
The short term momentum for Madagascar Oil Limited (MOIL.L) is negative.
Madagascar Oil Limited (MOIL.L) has a resistance level at 0.46. Check the full technical report for our detailed analysis of MOIL.L support and resistance levels.