(RajOil) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (RajOil) share price targets
Complete technical analysis of Raj Oil (RajOil) by charts plus indicators, forecast predictions and share price targets for Raj Oil (RajOil)
10 day averaged volume of Raj Oil is 3237
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 59.75 | 58.50 | 59.95 | 58.50 | 0.435 times |
| 01 Thu Dec 2022 | 58.55 | 59.95 | 60.05 | 58.25 | 0.136 times |
| 30 Wed Nov 2022 | 58.30 | 59.60 | 59.60 | 58.30 | 0.029 times |
| 29 Tue Nov 2022 | 58.80 | 59.70 | 59.95 | 58.00 | 0.799 times |
| 28 Mon Nov 2022 | 59.15 | 58.95 | 60.50 | 56.85 | 1.595 times |
| 25 Fri Nov 2022 | 58.70 | 58.45 | 60.00 | 57.05 | 0.472 times |
| 24 Thu Nov 2022 | 58.90 | 59.85 | 61.00 | 58.35 | 1.611 times |
| 23 Wed Nov 2022 | 61.40 | 60.30 | 62.00 | 59.75 | 1.875 times |
| 22 Tue Nov 2022 | 59.35 | 58.10 | 61.90 | 58.10 | 1.818 times |
| 21 Mon Nov 2022 | 59.85 | 58.00 | 59.95 | 57.85 | 1.403 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60.3 as stoploss in an intra day sell trade for a target of 59.13. However, stock will show a bullish move above 60.3.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Downside Target | 56.50 |
| Upside Target | 59.80 |
| Upside Target | 60.00 |
| Upside Target | 60.05 |
| Upside Target | 60.50 |
| Upside Target | 62.00 |
| Upside Target | 63.00 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 57.57 |
| Downside Intraday Target | 55.38 |
| Upside Intraday Target | 61.22 |
| Upside Intraday Target | 62.68 |
| Downside Intraday Target | 59.03 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 59.75 | 58.95 | 60.50 | 56.85 | 0.417 times |
| 25 Fri Nov 2022 | 58.70 | 58.00 | 62.00 | 57.05 | 0.722 times |
| 18 Fri Nov 2022 | 59.65 | 57.35 | 63.00 | 56.50 | 2.364 times |
| 11 Fri Nov 2022 | 57.35 | 58.60 | 60.00 | 56.85 | 0.777 times |
| 04 Fri Nov 2022 | 57.80 | 59.00 | 59.00 | 55.15 | 4.397 times |
Price has moved up 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 Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 59.75 | 59.95 | 60.05 | 58.25 | 0.02 times |
| 30 Wed Nov 2022 | 58.30 | 56.15 | 63.00 | 55.15 | 3.529 times |
| 31 Mon Oct 2022 | 56.80 | 57.30 | 59.80 | 54.75 | 0.343 times |
| 30 Fri Sep 2022 | 57.45 | 60.60 | 65.90 | 57.30 | 1.263 times |
Scroll below to view daily charts
Price has moved up 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 Raj Oil (RajOil)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 13, 0 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 38 | None |
| CCI | 15 | Buy |
| RSI | 56 | Buy |
| OBV | 31802 | Sell |
| VWAP | 60 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
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 59.62 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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