(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 2021-07-23 View latest technical analysis
10 day averaged volume of Raj Oil is 7932
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Fri Jul 2021||79.25||81.50||83.30||79.05||0.398 times|
|22 Thu Jul 2021||82.00||77.25||83.50||77.25||2.942 times|
|20 Tue Jul 2021||78.15||83.00||83.00||77.25||0.701 times|
|19 Mon Jul 2021||79.55||81.00||81.00||78.20||0.901 times|
|16 Fri Jul 2021||80.30||81.40||82.00||80.00||0.645 times|
|15 Thu Jul 2021||80.95||82.90||82.90||80.00||0.374 times|
|14 Wed Jul 2021||81.15||82.40||83.00||80.65||0.741 times|
|13 Tue Jul 2021||82.55||84.80||85.15||80.20||1.159 times|
|12 Mon Jul 2021||83.45||86.00||86.00||82.00||0.683 times|
|09 Fri Jul 2021||83.25||80.00||84.60||79.25||1.443 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.4, but if it comes above 79.4, then a intra day buy could be more profitable.
If you take a sell trade below 79.4, then use 79.4 as stoploss and 74.6 as target. However if you take a buy trade in stock , then use 79.4 as stoploss and 83.31 as target.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||76.5|
|Downside Intraday Target||73.75|
|Upside Intraday Target||82.75|
|Upside Intraday Target||86.25|
|Upside Intraday Target||80|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Fri Jul 2021||79.25||81.00||83.50||77.25||1.372 times|
|16 Fri Jul 2021||80.30||86.00||86.00||80.00||0.689 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|
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|
|23 Fri Jul 2021||79.25||91.60||92.00||77.25||1.013 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||12, 16, 13||Sell|
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 BUY signal for Raj Oil in short term but the buy 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 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 SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 81.53 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.