OCI NV (OCI.AS) Stock Technical Analysis
AMS:OCI - Euronext Amsterdam - NL0010558797 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to OCI. Recently some decent action could be observed, but in the medium term time frame this is still negative. OCI was also a bad performer in the overall market in the last year.
Although the technical rating is bad, OCI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OCI in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.50
We found 2 important support areas.
- A support zone ranging from 10.95 to 11.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.61 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.36 to 11.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.58 from a horizontal line in the daily time frame.
AMS:OCI (3/7/2025, 7:00:00 PM)
11.21
+0.16 (+1.45%)