Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
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+10 |
Last Hour Close Above 5 Hour Moving Average |
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+15 |
New 3 Day High on Friday |
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+20 |
Last Price Above 20 Day Moving Average |
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+25 |
New 3 Week High, Week Ending November 6th |
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+30 |
New 3 Month High in November |
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| +100 |
Total Score |
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| Open |
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High |
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Low |
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IOC Price |
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Change |
| 76.000 |
|
79.230 |
|
75.100 |
|
78.611 |
|
+2.821 |
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Streaming Chart |
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IOC back to the 80s and off to start seeing new 52 week highs…….
Congrats to all the Longs who have stuck it out back in the stomach turning low 44s…… we knew we would be back on top!