(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)
Showing technical analysis as on 2021-10-05 View latest technical analysis
10 day averaged volume of Raj Oil is 25373
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Oct 2021 | 101.75 | 97.45 | 101.75 | 97.25 | 1.333 times |
| 04 Mon Oct 2021 | 96.95 | 92.50 | 97.15 | 88.65 | 1.075 times |
| 01 Fri Oct 2021 | 92.55 | 93.85 | 93.85 | 90.20 | 0.359 times |
| 30 Thu Sep 2021 | 93.60 | 90.30 | 96.40 | 90.30 | 0.798 times |
| 29 Wed Sep 2021 | 93.85 | 97.00 | 97.50 | 93.25 | 0.968 times |
| 28 Tue Sep 2021 | 98.15 | 104.95 | 104.95 | 98.15 | 0.774 times |
| 27 Mon Sep 2021 | 103.30 | 105.90 | 107.95 | 101.00 | 0.712 times |
| 24 Fri Sep 2021 | 104.45 | 109.00 | 110.95 | 103.25 | 0.623 times |
| 23 Thu Sep 2021 | 107.85 | 112.00 | 112.00 | 106.00 | 0.555 times |
| 22 Wed Sep 2021 | 109.50 | 112.00 | 112.70 | 108.00 | 1.555 times |
My analysis of stock is bearish for shortterm, and stock might move down till 88 or till 69.5. Use a stoploss of 103.42 and if the stock hits stoploss, then it can shoot up till 118.85
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 55.45 |
| Downside Target | 64.20 |
| Downside Target | 76.30 |
| Downside Target | 84.95 |
| Downside Target | 88.65 |
| Downside Target | 92.00 |
| Downside Target | 94.50 |
| Downside Target | 99.00 |
| Downside Target | 101.75 |
| Upside Target | 105.00 |
| Upside Target | 107.95 |
| Upside Target | 120.00 |
| Upside Target | 150.85 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 93.02 |
| Downside Intraday Target | 84.28 |
| Upside Intraday Target | 106.12 |
| Upside Intraday Target | 110.48 |
| Downside Intraday Target | 97.38 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Oct 2021 | 101.75 | 92.50 | 101.75 | 88.65 | 0.667 times |
| 01 Fri Oct 2021 | 92.55 | 105.90 | 107.95 | 90.20 | 0.231 times |
| 24 Fri Sep 2021 | 104.45 | 100.05 | 120.00 | 100.05 | 0.859 times |
| 17 Fri Sep 2021 | 111.15 | 99.70 | 150.85 | 99.00 | 1.451 times |
| 09 Thu Sep 2021 | 94.50 | 69.00 | 94.50 | 64.20 | 1.7 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 |
| 05 Tue Oct 2021 | 101.75 | 93.85 | 101.75 | 88.65 | 0.053 times |
| 30 Thu Sep 2021 | 93.60 | 80.00 | 150.85 | 64.20 | 2.696 times |
| 31 Tue Aug 2021 | 76.15 | 76.50 | 84.95 | 55.45 | 2.816 times |
| 30 Fri Jul 2021 | 77.80 | 91.60 | 92.00 | 76.30 | 1.11 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 | 31, 24, 13 | Buy |
| MACD | 7, 10 | Sell |
| Stochastics | 31 | None |
| CCI | -2 | Buy |
| RSI | 71 | Buy |
| OBV | 66927 | Sell |
| VWAP | 101 | Buy |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 100.93 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.
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