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(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 2022-01-11 View latest technical analysis

10 day averaged volume of Raj Oil is 5960

Date Daily Closing Price Open High Low Volume
11 Tue Jan 2022 77.35 75.10 79.10 74.50 1.136 times
10 Mon Jan 2022 75.35 76.00 76.90 74.10 0.875 times
07 Fri Jan 2022 75.75 75.40 76.60 74.45 2.141 times
06 Thu Jan 2022 74.30 73.30 74.90 72.00 1.285 times
05 Wed Jan 2022 75.15 74.05 76.00 73.50 0.306 times
04 Tue Jan 2022 74.00 77.45 79.95 73.00 2.047 times
03 Mon Jan 2022 76.20 76.30 78.70 74.30 0.251 times
31 Fri Dec 2021 76.30 73.50 78.90 73.50 0.572 times
30 Thu Dec 2021 76.90 75.50 78.00 73.00 1.101 times
29 Wed Dec 2021 75.05 74.80 75.80 72.65 0.809 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 78.1 as stoploss in an intra day sell trade for a target of 76.05. However, stock will show a bullish move above 78.1.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 64.20
Downside Target 70.20
Downside Target 74.10
Downside Target 76.50
Upside Target 78.90
Upside Target 79.95
Upside Target 86.80
Upside Target 90.00
Upside Target 105.85
Upside Target 150.85

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 74.6
Downside Intraday Target 71.85
Upside Intraday Target 79.6
Upside Intraday Target 81.85
Downside Intraday Target 76.85

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
11 Tue Jan 2022 77.35 76.00 79.10 74.10 0.334 times
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

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
11 Tue Jan 2022 77.35 76.30 79.95 72.00 0.526 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 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, 13, 18 Buy
MACD -2, -3Buy
Stochastics 52None
CCI 134Buy
RSI 63Buy
OBV -30341Sell
VWAP 75Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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. Bulls are getting stronger in this stock.

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

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 75.46 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 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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Daily charts

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Daily chart

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