(RajOil) Raj Oil Weekly charts technical analysis
(RajOil) Raj Oil Weekly charts technical analysis Weekly analysis of Raj Oil | Buy/Sell Raj Oil
10 day averaged volume of Raj Oil is 2101
| Date | Closing Price | Open | High | Low | Volume |
| 05 Tue Jul 2022 | 62.35 | 60.75 | 65.90 | 60.75 | 0.003 Mn |
| 01 Fri Jul 2022 | 62.90 | 60.85 | 65.85 | 59.65 | 0.013 Mn |
| 24 Fri Jun 2022 | 59.15 | 59.50 | 61.80 | 57.10 | 0.008 Mn |
| 17 Fri Jun 2022 | 60.85 | 62.95 | 63.95 | 60.20 | 0.011 Mn |
| 10 Fri Jun 2022 | 62.35 | 67.45 | 67.45 | 62.10 | 0.007 Mn |
| 03 Fri Jun 2022 | 64.75 | 66.00 | 66.00 | 63.50 | 0.01 Mn |
| 27 Fri May 2022 | 63.85 | 68.00 | 70.50 | 62.50 | 0.034 Mn |
| 20 Fri May 2022 | 70.20 | 68.50 | 74.45 | 66.70 | 0.022 Mn |
| 13 Fri May 2022 | 68.95 | 69.85 | 76.00 | 65.70 | 0.029 Mn |
| 06 Fri May 2022 | 69.85 | 84.90 | 86.00 | 69.75 | 0.064 Mn |
Indicators analysis of Raj Oil (RajOil)
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) based on a mid to longer 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.
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil 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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Raj Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.78 and Raj Oil (RajOil) 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 Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.
Raj 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 25, 17, 18 | Buy |
| MACD | -7, -7 | Sell |
| Stochastics | 13 | Sell |
| CCI | -48 | Buy |
| RSI | 70 | Buy |
| OBV | 300263 | Sell |
| VWAP | 67 | Sell |
| ADL | 0 | Sell |
| ROC | -25 | Sell |
| Force Index | 0 | Sell |
Click here for further forecast and predictions for tomorrow