(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 28127
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 68.95 | 67.55 | 68.95 | 67.00 | 0.149 times |
| 12 Thu May 2022 | 65.70 | 67.15 | 69.15 | 65.70 | 0.207 times |
| 11 Wed May 2022 | 69.15 | 72.90 | 73.50 | 68.55 | 0.114 times |
| 10 Tue May 2022 | 71.60 | 76.00 | 76.00 | 71.00 | 0.223 times |
| 09 Mon May 2022 | 73.15 | 69.85 | 73.30 | 67.10 | 0.352 times |
| 06 Fri May 2022 | 69.85 | 76.70 | 76.70 | 69.75 | 0.536 times |
| 05 Thu May 2022 | 73.40 | 78.80 | 78.80 | 72.75 | 0.403 times |
| 04 Wed May 2022 | 75.70 | 80.90 | 80.90 | 75.65 | 0.567 times |
| 02 Mon May 2022 | 79.60 | 84.90 | 86.00 | 78.65 | 0.762 times |
| 29 Fri Apr 2022 | 82.75 | 90.25 | 90.75 | 82.15 | 1.037 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.1 as stoploss in an intra day buy trade for a target of 73.91. However, stock will show a bearish move below 67.1.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.40 |
| Downside Target | 65.00 |
| Upside Target | 74.85 |
| Upside Target | 75.00 |
| Upside Target | 76.00 |
| Upside Target | 84.90 |
| Upside Target | 86.00 |
| Upside Target | 93.15 |
| Upside Target | 95.55 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 64.43 |
| Downside Intraday Target | 59.92 |
| Upside Intraday Target | 74.73 |
| Upside Intraday Target | 80.52 |
| Upside Intraday Target | 70.22 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 68.95 | 69.85 | 76.00 | 65.70 | 0.46 times |
| 06 Fri May 2022 | 69.85 | 84.90 | 86.00 | 69.75 | 0.164 times |
| 29 Fri Apr 2022 | 82.75 | 68.40 | 95.55 | 68.40 | 33.422 times |
| 22 Fri Apr 2022 | 68.45 | 70.50 | 71.15 | 66.70 | 1.322 times |
| 13 Wed Apr 2022 | 69.50 | 68.00 | 74.85 | 68.00 | 0.282 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 Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 68.95 | 84.90 | 86.00 | 65.70 | 0.21 times |
| 29 Fri Apr 2022 | 82.75 | 65.20 | 95.55 | 65.00 | 1.212 times |
| 31 Thu Mar 2022 | 65.25 | 60.00 | 93.15 | 59.40 | 3.668 times |
| 28 Mon Feb 2022 | 62.00 | 73.50 | 75.00 | 57.10 | 0.898 times |
Scroll below to view daily charts
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 Raj Oil (RajOil)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 31, 21 | Sell |
| MACD | -1, 1 | Sell |
| Stochastics | 7 | Sell |
| CCI | -85 | Buy |
| RSI | 59 | Buy |
| OBV | -76900 | Sell |
| VWAP | 76 | Sell |
| ADL | 0 | Sell |
| ROC | -20 | Sell |
| Force Index | 0 | Sell |
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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj 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 moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Raj 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 75.84 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 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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