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(MVO) Mv Oil complete technical analysis [charts+indicators] | Buy/Sell Mv Oil | (MVO) share price targets

Complete technical analysis of Mv Oil (MVO) by charts plus indicators, forecast predictions and share price targets for Mv Oil (MVO)

Mv Oil trades in USA in Energy sector.

10 day averaged volume of Mv Oil is 43151

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 9.48 9.66 9.69 9.47 2.081 times
15 Wed May 2024 9.66 9.58 9.80 9.58 0.487 times
14 Tue May 2024 9.61 9.55 9.66 9.53 0.862 times
13 Mon May 2024 9.60 9.58 9.74 9.53 0.834 times
10 Fri May 2024 9.56 9.96 9.99 9.52 1.569 times

Stock of Mv Oil (MVO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.6, but if it comes above 9.6, then a intra day buy could be more profitable.
If you take a sell trade below 9.6, then use 9.6 as stoploss and 9.4 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 9.79 as target.

Share price targets for Mv Oil (MVO)

Target Type Value
Downside Target 8.85
Downside Target 9.40
Upside Target 10.15
Upside Target 10.19
Upside Target 10.45
Upside Target 10.79
Upside Target 11.10
Upside Target 11.63
Upside Target 11.99
Upside Target 12.73

Intraday share price targets for Mv Oil (MVO)

Target Type Value
Downside Intraday Target 9.37
Downside Intraday Target 9.25
Upside Intraday Target 9.7
Upside Intraday Target 9.91
Upside Intraday Target 9.58

Weekly technical analysis of Mv Oil (MVO)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 9.48 9.58 9.80 9.47 0.837 times
10 Fri May 2024 9.56 9.88 10.15 9.52 1.471 times
03 Fri May 2024 9.88 9.80 10.19 9.66 0.58 times
26 Fri Apr 2024 9.73 9.81 10.10 9.40 1.13 times
19 Fri Apr 2024 9.79 9.75 9.99 9.46 0.426 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 Mv Oil (MVO)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 9.48 9.94 10.15 9.47 0.363 times
30 Tue Apr 2024 9.94 10.67 11.63 9.40 1.074 times
28 Thu Mar 2024 10.69 10.56 10.79 8.85 1.671 times
29 Thu Feb 2024 10.56 11.48 11.99 10.45 0.577 times

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 Mv Oil (MVO)

Indicator Name Indicator Value Indicator Signal
ADX 17, 21, 9 Sell
MACD -0, -0Sell
Stochastics 13Sell
CCI -100Sell
RSI 39Sell
OBV -77188Sell
VWAP 10Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Mv Oil ( (MVO) ) based on a short 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 Mv Oil ( (MVO) ) based on a short 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 Mv Oil ( (MVO) ) 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 Mv Oil ( (MVO) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Mv Oil stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mv Oil in short term and the sell signal is strong.

Mv Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mv Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mv Oil is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.72 and Mv Oil (MVO) 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 Mv Oil (MVO) stock. Volume based technical analysis of Mv Oil (MVO) stock is negative.

Mv Oil 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.

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