(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 2022-01-07 View latest technical analysis
10 day averaged volume of Raj Oil is 4520
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Fri Jan 2022||75.75||75.40||76.60||74.45||2.823 times|
|06 Thu Jan 2022||74.30||73.30||74.90||72.00||1.694 times|
|05 Wed Jan 2022||75.15||74.05||76.00||73.50||0.404 times|
|04 Tue Jan 2022||74.00||77.45||79.95||73.00||2.699 times|
|03 Mon Jan 2022||76.20||76.30||78.70||74.30||0.331 times|
|31 Fri Dec 2021||76.30||73.50||78.90||73.50||0.755 times|
|30 Thu Dec 2021||76.90||75.50||78.00||73.00||1.451 times|
|29 Wed Dec 2021||75.05||74.80||75.80||72.65||1.067 times|
|28 Tue Dec 2021||72.65||75.45||75.50||72.20||0.808 times|
|27 Mon Dec 2021||73.15||74.75||76.15||73.05||0.161 times|
Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 73.8 or till 70.3. Use a stoploss of 76.72 and if the stock hits stoploss, then it can shoot up till 79.66
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||71.85|
|Downside Intraday Target||67.95|
|Upside Intraday Target||79.8|
|Upside Intraday Target||83.85|
|Upside Intraday Target||75.9|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Fri Jan 2022||75.75||76.30||79.95||72.00||1.875 times|
|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|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|07 Fri Jan 2022||75.75||76.30||79.95||72.00||0.394 times|
|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|
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||16, 14, 5||Buy|
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 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 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 in or above the red cloud Prices appear to be moving up
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 but buying 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 75.02 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 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.