Technical analysis

The Relative Strength Index (RSI) is a

momentum oscillator that measures
the speed and change of price
movements. RSI oscillates between
zero and 100. Traditionally, and
according to Wilder, RSI is considered
overbought when above 70 and
oversold when below 30.

By analyzing RSI, we generate following signals:

Overbought and Oversold Zones.
Bullish and Bearish Divergences.
Support-Resistance Zones.
In the chart ,IOCoversold and overbought
levels are shown. 65-70 RSI act as oversold
levels, whereas 25-30 RSI act as overbought
levels. We also see that 50-60 RSI levels act as
resistance for IOC. For each stock, Also note
that, a stock can remain oversold in an uptrend.

Price just got below it's 50-day simple moving average which is a
negative signal. Price just got below it's 20-day simple moving
average which is a negative signal. According to simple moving
average analysis, ioc is in a strong downtrend. Major resistance
levels are 337.2225, 338.702, 341.3595.

Price just got below it's 50-day simple moving average which is
a negative signal. Price just got below it's 20-day simple moving
average which is a negative signal. According to simple moving
average analysis, ioc is in a strong downtrend. Major resistance
levels are 337.2225, 338.702, 341.3595.