Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.Based on a pre-defined weighted trend formula for chart analysis, IOC scored +85 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 Low on Tuesday |
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+20 |
Last Price Above 20 Day Moving Average |
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+25 |
New 3 Week High, Week Ending November 13th |
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+30 |
New 3 Month High in November |
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+85 |
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 |
78.85 |
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79.09 |
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73.86 |
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75.13 |
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-4.05 |
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Streaming Chart |
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