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(IOB) Indian Overseas complete technical analysis [charts+indicators] | Buy/Sell Indian Overseas | (IOB) share price targets

Complete technical analysis of Indian Overseas (IOB) by charts plus indicators, forecast predictions and share price targets for Indian Overseas (IOB)

Indian Overseas trades in NSE in Banks sector.

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Indian Overseas is 15632992

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	58.50	58.95	59.65	58.05	0.696 times
20 Wed Mar 2024	57.25	59.60	59.60	56.75	0.716 times
19 Tue Mar 2024	57.75	59.70	60.70	57.50	0.763 times
18 Mon Mar 2024	59.00	60.10	61.00	58.65	0.538 times
15 Fri Mar 2024	60.10	61.00	62.85	58.45	0.907 times
14 Thu Mar 2024	61.05	56.50	62.05	55.05	1.279 times
13 Wed Mar 2024	56.55	61.75	62.95	56.00	1.419 times
12 Tue Mar 2024	61.75	63.95	63.95	61.20	0.729 times
11 Mon Mar 2024	63.75	66.05	66.20	63.50	0.793 times
07 Thu Mar 2024	66.05	66.15	67.65	65.70	0.807 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 55 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 62.75 as target.

Share price targets for Indian Overseas (IOB)

Target Type	Value
Downside Target	38.80
Downside Target	42.05
Downside Target	47.50
Downside Target	51.00
Downside Target	55.05
Downside Target	56.75
Upside Target	61.00
Upside Target	65.95
Upside Target	66.20
Upside Target	67.50
Upside Target	70.30
Upside Target	72.45
Upside Target	83.75

Intraday share price targets for Indian Overseas (IOB)

Target Type	Value
Downside Intraday Target	56.5
Downside Intraday Target	54.5
Upside Intraday Target	60.75
Upside Intraday Target	63
Upside Intraday Target	58.75

Weekly technical analysis of Indian Overseas (IOB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	58.50	60.10	61.00	56.75	0.529 times
15 Fri Mar 2024	60.10	66.05	66.20	55.05	0.764 times
07 Thu Mar 2024	66.05	64.85	70.30	62.55	1.56 times
02 Sat Mar 2024	64.40	67.50	67.50	62.05	0.584 times
23 Fri Feb 2024	67.50	68.60	72.45	65.95	0.508 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indian Overseas (IOB)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	58.50	65.00	70.30	55.05	0.136 times
29 Thu Feb 2024	64.65	49.50	83.75	48.00	2.793 times
31 Wed Jan 2024	49.10	43.25	51.00	42.05	1.024 times
29 Fri Dec 2023	43.30	39.55	47.50	39.25	1.55 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indian Overseas (IOB)

Price action analysis of Indian Overseas ( (IOB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indian Overseas ( (IOB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indian Overseas ( (IOB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Overseas ( (IOB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indian Overseas stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indian Overseas in short term and the sell signal is strong.

Indian Overseas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Overseas in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Indian Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.05 and Indian Overseas (IOB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Indian Overseas (IOB) stock. Volume based technical analysis of Indian Overseas (IOB) stock is negative.

Indian Overseas Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.