(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 2655
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Aug 2022 | 61.00 | 60.55 | 62.25 | 60.15 | 1.186 times |
| 12 Fri Aug 2022 | 61.50 | 61.70 | 62.50 | 60.65 | 0.516 times |
| 11 Thu Aug 2022 | 61.40 | 61.30 | 62.00 | 60.45 | 1.876 times |
| 10 Wed Aug 2022 | 60.50 | 61.70 | 61.70 | 60.50 | 2.103 times |
| 08 Mon Aug 2022 | 60.85 | 61.85 | 61.85 | 60.55 | 0.166 times |
| 05 Fri Aug 2022 | 61.55 | 61.00 | 62.50 | 60.80 | 0.103 times |
| 04 Thu Aug 2022 | 60.50 | 60.15 | 63.50 | 60.15 | 1.515 times |
| 03 Wed Aug 2022 | 61.15 | 62.35 | 62.35 | 60.80 | 0.207 times |
| 02 Tue Aug 2022 | 62.20 | 60.85 | 62.50 | 59.85 | 2.064 times |
| 01 Mon Aug 2022 | 60.60 | 60.50 | 61.00 | 59.30 | 0.988 times |
My analysis of stock is bearish for shortterm, and stock might move down till 60.6 or till 60. Use a stoploss of 61.12 and if the stock hits stoploss, then it can shoot up till 61.64
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.25 |
| Upside Target | 61.90 |
| Upside Target | 62.50 |
| Upside Target | 63.50 |
| Upside Target | 65.00 |
| Upside Target | 65.90 |
| Upside Target | 67.45 |
| Upside Target | 86.00 |
| Upside Target | 95.55 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 60.02 |
| Downside Intraday Target | 59.03 |
| Upside Intraday Target | 62.12 |
| Upside Intraday Target | 63.23 |
| Upside Intraday Target | 61.13 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Aug 2022 | 61.00 | 60.55 | 62.25 | 60.15 | 0.254 times |
| 12 Fri Aug 2022 | 61.50 | 61.85 | 62.50 | 60.45 | 0.956 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 |
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 |
| 16 Tue Aug 2022 | 61.00 | 60.50 | 63.50 | 59.30 | 1.023 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 | 15, 10, 17 | Buy |
| MACD | -1, -1 | Buy |
| Stochastics | 48 | None |
| CCI | -20 | Sell |
| RSI | 50 | Sell |
| OBV | 4583 | Sell |
| VWAP | 61 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.
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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling 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 61.13 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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