(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 1711
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||60.85||61.85||61.85||60.55||0.258 times|
|05 Fri Aug 2022||61.55||61.00||62.50||60.80||0.16 times|
|04 Thu Aug 2022||60.50||60.15||63.50||60.15||2.35 times|
|03 Wed Aug 2022||61.15||62.35||62.35||60.80||0.321 times|
|02 Tue Aug 2022||62.20||60.85||62.50||59.85||3.202 times|
|01 Mon Aug 2022||60.60||60.50||61.00||59.30||1.532 times|
|30 Sat Jul 2022||60.45||59.25||60.80||59.25||0.715 times|
|28 Thu Jul 2022||60.40||60.10||60.85||60.00||0.52 times|
|27 Wed Jul 2022||60.60||61.90||61.90||60.50||0.539 times|
|26 Tue Jul 2022||61.40||61.80||61.80||61.00||0.412 times|
My analysis of stock is bearish for shortterm, and stock might move down till 60.5 or till 59.8. Use a stoploss of 61.02 and if the stock hits stoploss, then it can shoot up till 61.58
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||60.32|
|Downside Intraday Target||59.78|
|Upside Intraday Target||61.62|
|Upside Intraday Target||62.38|
|Upside Intraday Target||61.08|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||60.85||61.85||61.85||60.55||0.034 times|
|05 Fri Aug 2022||61.55||60.50||63.50||59.30||3.109 times|
|30 Sat Jul 2022||60.45||61.75||61.90||59.25||0.462 times|
|22 Fri Jul 2022||61.80||59.70||62.50||59.70||2.285 times|
|14 Thu Jul 2022||60.35||61.95||62.00||59.80||0.533 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|
|08 Mon Aug 2022||60.85||60.50||63.50||59.30||0.481 times|
|30 Sat Jul 2022||60.45||62.00||65.90||59.25||0.658 times|
|30 Thu Jun 2022||61.80||65.15||67.45||57.10||0.278 times|
|31 Tue May 2022||64.35||84.90||86.00||62.50||0.343 times|
Scroll below to view daily charts
Price has moved up 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||16, 10, 22||Buy|
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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is
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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Raj Oil in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 61.14 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.