Interpretation of open interest (OI) & price change of a stock

Based on open interest & price change data of a stock, the price trend of the stock is correlated as:

Price

Open Interest

Price trend

Increase

Increase

Increase

(More buyers & long build-up)

Increase

Decrease

Increase

(Short positions covering) 

Decrease

Increase

Decrease

(More short positions build-up) 

Decrease

Decrease

Decrease

(Long unwinding

Buyers become sellers)