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(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)

Showing technical analysis as on 2021-07-12 View latest technical analysis

10 day averaged volume of Raj Oil is 11028

Date Daily Closing Price Open High Low Volume
12 Mon Jul 2021 83.45 86.00 86.00 82.00 0.491 times
09 Fri Jul 2021 83.25 80.00 84.60 79.25 1.038 times
08 Thu Jul 2021 79.80 80.40 81.00 78.90 0.296 times
07 Wed Jul 2021 80.60 80.65 82.50 80.40 0.609 times
06 Tue Jul 2021 82.40 85.85 85.85 80.65 0.926 times
05 Mon Jul 2021 83.10 84.00 86.10 82.25 0.89 times
02 Fri Jul 2021 83.30 83.95 92.00 80.25 3.977 times
01 Thu Jul 2021 84.25 91.60 91.60 80.35 0.555 times
30 Wed Jun 2021 89.25 92.45 92.45 88.65 0.63 times
29 Tue Jun 2021 91.00 92.50 92.70 90.25 0.437 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 83.4 as stoploss in an intra day buy trade for a target of 88.39. However, stock will show a bearish move below 83.4.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 78.90
Downside Target 82.00
Upside Target 85.05
Upside Target 90.50
Upside Target 92.00
Upside Target 94.00
Upside Target 97.00
Upside Target 98.95
Upside Target 105.00
Upside Target 109.95
Upside Target 116.95
Upside Target 138.35

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 81.63
Downside Intraday Target 79.82
Upside Intraday Target 85.63
Upside Intraday Target 87.82
Upside Intraday Target 83.82

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
12 Mon Jul 2021 83.45 86.00 86.00 82.00 0.131 times
09 Fri Jul 2021 83.25 84.00 86.10 78.90 0.602 times
02 Fri Jul 2021 83.30 91.00 94.00 80.25 1.762 times
25 Fri Jun 2021 90.75 91.00 97.00 90.50 1.553 times
18 Fri Jun 2021 93.95 97.00 98.95 92.00 0.675 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
12 Mon Jul 2021 83.45 91.60 92.00 78.90 0.617 times
30 Wed Jun 2021 89.25 103.45 105.00 88.65 1.138 times
31 Mon May 2021 103.45 110.70 116.95 88.05 1.377 times
30 Fri Apr 2021 106.10 93.40 109.95 85.05 0.586 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 15, 21, 16 Sell
MACD -8, -7Sell
Stochastics 23Sell
CCI -19Buy
RSI 57Buy
OBV -91058Sell
VWAP 84Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 SELL. Signal strength is Weak and stock is losing 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 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 negative zone. This is the SELL 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 83.7 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.

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Daily charts

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