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INTEROIL CORP (NYSE:IOC)
Strong Uptrend Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, IOC scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
|-10||Last Hour Close Below 5 hour Moving Average|
|+15||New 3 Day High on Thursday|
|+20||Last Price Above 20 Day Moving Average|
|+25||New 3 Week High, Week Ending January 8th|
|+30||New 3 Month High in November|