(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 4686
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 63.85 | 66.70 | 66.70 | 62.50 | 2.872 times |
| 26 Thu May 2022 | 65.75 | 66.50 | 67.45 | 64.20 | 0.509 times |
| 25 Wed May 2022 | 65.35 | 68.00 | 68.00 | 63.80 | 2.613 times |
| 24 Tue May 2022 | 67.15 | 68.15 | 68.75 | 67.05 | 0.292 times |
| 23 Mon May 2022 | 68.10 | 68.00 | 70.50 | 67.30 | 0.912 times |
| 20 Fri May 2022 | 70.20 | 69.05 | 71.45 | 66.70 | 0.475 times |
| 19 Thu May 2022 | 68.45 | 72.05 | 72.05 | 68.45 | 1.432 times |
| 18 Wed May 2022 | 72.05 | 73.70 | 74.45 | 71.35 | 1.479 times |
| 17 Tue May 2022 | 72.30 | 72.90 | 74.00 | 71.60 | 0.521 times |
| 16 Mon May 2022 | 72.10 | 68.50 | 72.35 | 68.50 | 0.871 times |
Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.1, but if it comes above 66.1, then a intra day buy could be more profitable.
If you take a sell trade below 66.1, then use 66.1 as stoploss and 60.6 as target. However if you take a buy trade in stock , then use 66.1 as stoploss and 70.76 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.40 |
| Downside Target | 62.50 |
| Upside Target | 65.00 |
| Upside Target | 68.40 |
| Upside Target | 74.45 |
| 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 | 60.73 |
| Downside Intraday Target | 57.62 |
| Upside Intraday Target | 68.73 |
| Upside Intraday Target | 73.62 |
| Upside Intraday Target | 65.62 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 63.85 | 68.00 | 70.50 | 62.50 | 1.506 times |
| 20 Fri May 2022 | 70.20 | 68.50 | 74.45 | 66.70 | 0.762 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 63.85 | 84.90 | 86.00 | 62.50 | 0.337 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 | 15, 31, 36 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 15 | Sell |
| CCI | -126 | Sell |
| RSI | 57 | Buy |
| OBV | -291145 | Sell |
| VWAP | 67 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | 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 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 and the buying is gaining 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 67.44 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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