Technicals for Indian Oil Corporation Limited

Price Summary

On 2026-06-03, IOC's stock opened at 138.19, reached a peak of 138.33, dropped to 136.6, and ended -0.59% down at 137.38, with a volume of 14276440 shares.
The stock's highest price over the 52-week span is 185.14, while the lowest price is 131.81.

Technicals

Support and Resistance: The current price of 137.38 for IOC is supported at 137.65 and faces resistance at 137.65. These levels indicate that 137.65 could act as a floor, while 137.65 might limit any further price increases.


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.


Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net.


Stochastic: The current reading of the STOCHASTIC 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.


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction.


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.