(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 9726
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||72.30||72.90||74.00||71.60||0.251 times|
|16 Mon May 2022||72.10||68.50||72.35||68.50||0.42 times|
|13 Fri May 2022||68.95||67.55||68.95||67.00||0.431 times|
|12 Thu May 2022||65.70||67.15||69.15||65.70||0.597 times|
|11 Wed May 2022||69.15||72.90||73.50||68.55||0.329 times|
|10 Tue May 2022||71.60||76.00||76.00||71.00||0.645 times|
|09 Mon May 2022||73.15||69.85||73.30||67.10||1.017 times|
|06 Fri May 2022||69.85||76.70||76.70||69.75||1.551 times|
|05 Thu May 2022||73.40||78.80||78.80||72.75||1.166 times|
|04 Wed May 2022||75.70||80.90||80.90||75.65||1.639 times|
My analysis of stock is bearish for shortterm, and stock might move down till 67.5 or till 59.5. Use a stoploss of 74.21 and if the stock hits stoploss, then it can shoot up till 80.92
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||69.2|
|Downside Intraday Target||66.1|
|Upside Intraday Target||74.7|
|Upside Intraday Target||77.1|
|Downside Intraday Target||71.6|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||72.30||68.50||74.00||68.50||0.222 times|
|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|
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|
|17 Tue May 2022||72.30||84.90||86.00||65.70||0.225 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||28, 27, 1||Buy|
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Raj Oil stock for short term is BUY. 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 and BUY 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 71.92 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 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.