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Technicals for Indian Oil Corporation Limited
By MusingTheNews
2025-12-15 20:40
Overall Technical outlook
Price Summary
On 2025-12-11, Indian Oil Corporation Limited's shares started at 163.27, peaked at 164.0, bottomed out at 160.5, and ended -0.93% lower at 161.75, with 8826932 shares traded. In the 52-week period, the stock's peak price is 173.12, and the lowest price recorded is 113.49. The price outlook for IOC is between 100.0 and 207.0, with an average expectation of 168.67741, as estimated by 31 analysts.
Technicals
Support and Resistance: The current price sits at 161.75, supported at 153.82 and capped by resistance at 172.3. These levels define a range for IOC where the price might stabilize, with 153.82 as a floor and 172.3 as a ceiling. Support/Resistance for IOC
Aroon: The current reading of the AROON is neutral for IOC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Indian Oil Corporation Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Indian Oil Corporation Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Indian Oil Corporation Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for IOC, with no strong trend emerging. Stochastic chart for Indian Oil Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Indian Oil Corporation Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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