Long Term Trend: Weak
AI Indicator Strength: 40.0%
StockOIL
Current Price₹418.15
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Oversold
📊 Momentum (RSI)
- RSI: 28.78
- Extreme exhaustion (Bullish bias)
MACD: Weak Bearish
¼ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Oversold
- Trend → Weak
📊 OIL Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Failure to reclaim the 200-day EMA acts as heavy resistance.
- Immediate price action favors the sellers.
📌 Market Outlook
Sellers remain in control; wait for a confirmed structural shift before engaging.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹410.50
₹406.40
₹402.29
🔴 Resistance Zones
₹531.00
₹536.31
₹541.62
OIL Price Action: Immediate buying interest for OIL has historically emerged around the ₹410.5 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹531.00. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 244.25 |
| 38.2% | 344.32 |
| 50.0% | 425.20 |
| 61.8% | 506.08 |
| 78.6% | 621.22 |
Structural Pullbacks: Looking at the Fibonacci retracement map for OIL, the 38.2% level at ₹344.32 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where OIL might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 421.59 | SMA5 | 418.53 |
| EMA9 | 430.50 | SMA9 | 427.01 |
| EMA20 | 449.81 | SMA20 | 459.15 |
| EMA50 | 465.26 | SMA50 | 472.87 |
| EMA100 | 464.42 | SMA100 | 474.97 |
| EMA200 | 455.00 | SMA200 | 445.84 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Oversold: +2 🔴
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Weak Bearish: -1 🔴
🔴
• Total Score: -2
🔴
• Confidence Score: 40.00%
🔴
Total Score: -2
Technical Indicator Strength: 40.0%
- Weak alignment in behavior
- AI Confidence Score: 40.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-05-26 |
Bearish |
492.10 |
491.30 |
491.30 |
484.50 |
1.38% |
0.00 |
491.30 |
472.30% |
4.02 |
-0.16 |
35.12 41.36 Success |
| 2026-05-13 |
Bullish |
507.10 |
525.40 |
531.00 |
514.60 |
1.07% |
2.06 |
531.00 |
498.75% |
4.71 |
1.65 |
100.00 76.38 Success |
| 2026-05-06 |
Bearish |
450.25 |
454.00 |
457.15 |
450.50 |
0.77% |
0.69 |
511.45 |
450.50% |
-0.06 |
13.59 |
100.00 74.99 Success |
| 2026-04-24 |
Bullish |
473.70 |
475.00 |
478.45 |
470.55 |
0.73% |
0.94 |
504.30 |
470.55% |
6.46 |
0.66 |
24.84 50.23 Success |
| 2026-04-08 |
Bearish |
458.95 |
459.00 |
472.00 |
456.40 |
0.57% |
2.83 |
481.95 |
456.40% |
0.56 |
5.01 |
95.77 63.23 Success |
| 2026-04-07 |
Bullish |
481.90 |
476.05 |
476.85 |
457.50 |
0.17% |
3.90 |
481.95 |
456.40% |
0.01 |
5.29 |
23.72 31.98 Success |
| 2026-04-06 |
Bearish |
472.20 |
472.65 |
489.00 |
468.00 |
0.98% |
3.46 |
489.00 |
456.40% |
3.35 |
3.56 |
22.78 45.66 Success |
| 2026-04-02 |
Bullish |
480.15 |
481.15 |
484.85 |
470.05 |
0.77% |
2.31 |
489.00 |
456.40% |
1.84 |
4.95 |
2.32 34.37 Success |
| 2026-03-05 |
Bearish |
479.10 |
483.65 |
489.05 |
474.70 |
1.85% |
1.12 |
503.00 |
460.75% |
3.83 |
4.99 |
22.59 54.18 Success |
| 2026-03-04 |
Bullish |
492.10 |
495.00 |
502.40 |
474.40 |
1.49% |
4.16 |
503.00 |
460.75% |
2.21 |
6.37 |
16.55 47.90 Success |
| 2026-02-11 |
Bearish |
479.25 |
480.80 |
489.10 |
471.00 |
2.04% |
1.73 |
489.10 |
446.00% |
6.94 |
2.06 |
75.64 80.83 Success |
| 2026-01-27 |
Bullish |
448.55 |
455.00 |
496.50 |
454.50 |
9.12% |
0.11 |
520.00 |
454.50% |
15.93 |
-1.33 |
41.87 83.75 Success |
| 2026-01-23 |
Bearish |
435.70 |
435.00 |
450.35 |
433.35 |
0.38% |
3.53 |
520.00 |
433.35% |
0.54 |
19.35 |
11.16 38.79 Success |
| 2025-12-22 |
Bullish |
406.00 |
405.00 |
415.45 |
405.00 |
2.58% |
0.00 |
415.45 |
401.10% |
2.33 |
1.21 |
8.86 31.40 Success |
| 2025-11-18 |
Bearish |
433.35 |
431.70 |
437.75 |
431.50 |
0.05% |
1.40 |
438.90 |
414.55% |
4.34 |
1.28 |
1.83 30.28 Success |
| 2025-10-29 |
Bullish |
420.50 |
420.40 |
436.20 |
420.30 |
3.76% |
0.02 |
442.00 |
420.30% |
5.11 |
0.05 |
13.08 48.06 Success |
| 2025-10-28 |
Bearish |
412.75 |
413.20 |
421.95 |
413.00 |
0.05% |
2.12 |
442.00 |
413.00% |
-0.06 |
7.09 |
13.70 32.71 Success |
| 2025-10-27 |
Bullish |
422.35 |
425.00 |
425.00 |
410.75 |
0.00% |
3.35 |
442.00 |
410.75% |
4.65 |
2.75 |
21.00 44.70 No Trade |
| 2025-10-17 |
Bearish |
408.90 |
409.00 |
410.15 |
405.65 |
0.82% |
0.28 |
424.80 |
405.00% |
0.95 |
3.89 |
19.54 31.60 Success |
| 2025-09-05 |
Bullish |
396.40 |
399.75 |
399.75 |
390.95 |
0.00% |
2.20 |
400.00 |
390.00% |
0.91 |
1.61 |
12.62 16.53 No Trade |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for OIL. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.