(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 4615
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 67.15 | 68.15 | 68.75 | 67.05 | 0.296 times |
| 23 Mon May 2022 | 68.10 | 68.00 | 70.50 | 67.30 | 0.926 times |
| 20 Fri May 2022 | 70.20 | 69.05 | 71.45 | 66.70 | 0.482 times |
| 19 Thu May 2022 | 68.45 | 72.05 | 72.05 | 68.45 | 1.454 times |
| 18 Wed May 2022 | 72.05 | 73.70 | 74.45 | 71.35 | 1.502 times |
| 17 Tue May 2022 | 72.30 | 72.90 | 74.00 | 71.60 | 0.529 times |
| 16 Mon May 2022 | 72.10 | 68.50 | 72.35 | 68.50 | 0.885 times |
| 13 Fri May 2022 | 68.95 | 67.55 | 68.95 | 67.00 | 0.909 times |
| 12 Thu May 2022 | 65.70 | 67.15 | 69.15 | 65.70 | 1.259 times |
| 11 Wed May 2022 | 69.15 | 72.90 | 73.50 | 68.55 | 0.693 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.3, but if it comes above 67.3, then a intra day buy could be more profitable.
If you take a sell trade below 67.3, then use 67.3 as stoploss and 59.2 as target. However if you take a buy trade in stock , then use 67.3 as stoploss and 74.02 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.40 |
| Downside 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 | 65.97 |
| Downside Intraday Target | 64.78 |
| Upside Intraday Target | 69.42 |
| Upside Intraday Target | 71.68 |
| Upside Intraday Target | 68.23 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 67.15 | 68.00 | 70.50 | 67.05 | 0.252 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, 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 |
| 24 Tue May 2022 | 67.15 | 84.90 | 86.00 | 65.70 | 0.274 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, 28, 17 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 28 | Sell |
| CCI | -89 | Sell |
| RSI | 58 | Buy |
| OBV | -71855 | Sell |
| VWAP | 69 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 69.38 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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