(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 2021-12-31 View latest technical analysis
10 day averaged volume of Raj Oil is 3423
|Date||Daily Closing Price||Open||High||Low||Volume|
|31 Fri Dec 2021||76.30||73.50||78.90||73.50||0.997 times|
|30 Thu Dec 2021||76.90||75.50||78.00||73.00||1.916 times|
|29 Wed Dec 2021||75.05||74.80||75.80||72.65||1.409 times|
|28 Tue Dec 2021||72.65||75.45||75.50||72.20||1.067 times|
|27 Mon Dec 2021||73.15||74.75||76.15||73.05||0.213 times|
|24 Fri Dec 2021||74.05||74.00||76.75||72.10||0.831 times|
|23 Thu Dec 2021||75.80||74.50||79.45||74.50||0.505 times|
|22 Wed Dec 2021||77.00||79.80||79.80||74.10||1.397 times|
|21 Tue Dec 2021||77.70||71.30||78.00||71.30||0.762 times|
|20 Mon Dec 2021||74.95||76.20||77.80||74.95||0.855 times|
My analysis of stock is bearish for shortterm, and stock might move down till 74.1 or till 70.5. Use a stoploss of 77 and if the stock hits stoploss, then it can shoot up till 79.94
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||72.7|
|Downside Intraday Target||69.1|
|Upside Intraday Target||79.4|
|Upside Intraday Target||82.5|
|Downside Intraday Target||75.8|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|31 Fri Dec 2021||76.30||74.75||78.90||72.20||1.287 times|
|24 Fri Dec 2021||74.05||76.20||79.80||71.30||0.472 times|
|17 Fri Dec 2021||78.85||83.60||86.80||76.50||1.46 times|
|10 Fri Dec 2021||79.70||73.50||80.40||73.00||1.83 times|
|03 Fri Dec 2021||74.70||73.55||76.35||70.20||0.556 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|
|31 Fri Dec 2021||76.30||71.25||86.80||71.25||0.851 times|
|30 Tue Nov 2021||74.00||83.00||90.00||70.20||0.48 times|
|29 Fri Oct 2021||82.40||93.85||105.85||79.05||0.169 times|
|30 Thu Sep 2021||93.60||80.00||150.85||64.20||2.696 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||18, 14, 13||Buy|
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 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 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 BUY. Signal strength is Weak and stock is gaining 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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term and BUY 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
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 75.66 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.