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INDICES Stock OILBR Historical charts - Crude Oil Brent NYMEX

Historical charts for Stock OILBR - Share Crude Oil Brent NYMEX trades in INDICES

Moving Averages for

  • 5Day Average: 61.84
  • 12Day Average: 64.65
  • 20Day Average: 65.22
  • 50Day Average: 65.2
  • 100Day Average: 60.92
  • 150Day Average: 55.22

OILBR Indicators & signals

Indicator MACD (12,26,9)

63.6, 64.4, -0.06
Indicator MACD is in negative zone

Indicator ADX (14)

40, 13.21, 30.82
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OILBR are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Mon Oct 2022 60.69 60.69 to 61.78 0% 0 times
04 Tue Oct 2022 60.69 60.69 to 61.78 -0.74% 0 times
16 Tue Aug 2022 61.14 61.14 to 62.24 -1.2% 0 times
04 Wed May 2022 61.88 61.88 to 63.02 -4.54% 0 times
30 Mon Aug 2021 64.82 64.82 to 66.10 -0.74% 0 times
26 Mon Jul 2021 65.30 65.30 to 66.59 -2.9% 0 times
30 Fri Apr 2021 67.25 67.25 to 68.56 -1.91% 0 times
29 Thu Apr 2021 68.56 67.27 to 68.56 1.92% 0 times
28 Wed Apr 2021 67.27 66.42 to 67.27 1.28% 5 times
27 Tue Apr 2021 66.42 65.65 to 66.42 1.17% 5 times
26 Mon Apr 2021 65.65 65.65 to 66.11 -0.7% 0 times
23 Fri Apr 2021 66.11 65.40 to 66.11 0.72% 0 times

Technical analysis forecast for OILBR Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT OILBR OILBR at this time. Stock is falling and might fall more.

It appears as if OILBR OILBR gave a large move recently.

Stock of OILBR (OILBR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of OILBR is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if OILBR stays below 61.9, but if it comes above 61.9, then a intra day buy could be more profitable.
If you take a sell trade below 61.9, then use 61.9 as stoploss and 59.2 as target. However if you take a buy trade in OILBR, then use 61.9 as stoploss and 64.25 as target.

Tomorrow's movement Prediction of OILBR appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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INDICES Stock OILBR Historical charts - Share Crude Oil Brent NYMEX

 

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