(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 2022-06-24 View latest technical analysis
10 day averaged volume of Raj Oil is 1862
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Jun 2022 | 59.15 | 60.15 | 61.80 | 59.00 | 0.793 times |
| 23 Thu Jun 2022 | 60.05 | 60.20 | 60.75 | 59.00 | 0.772 times |
| 22 Wed Jun 2022 | 59.40 | 58.80 | 60.25 | 58.05 | 0.16 times |
| 21 Tue Jun 2022 | 58.80 | 59.00 | 59.45 | 57.10 | 1.277 times |
| 20 Mon Jun 2022 | 59.65 | 59.50 | 60.85 | 58.20 | 1.111 times |
| 17 Fri Jun 2022 | 60.85 | 61.40 | 61.40 | 60.60 | 0.855 times |
| 16 Thu Jun 2022 | 60.50 | 63.00 | 63.65 | 60.20 | 2.4 times |
| 15 Wed Jun 2022 | 62.40 | 62.90 | 63.95 | 61.30 | 0.353 times |
| 14 Tue Jun 2022 | 61.75 | 60.80 | 62.50 | 60.60 | 1.301 times |
| 13 Mon Jun 2022 | 61.50 | 62.95 | 63.00 | 60.90 | 0.934 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.2, but if it comes above 60.2, then a intra day buy could be more profitable.
If you take a sell trade below 60.2, then use 60.2 as stoploss and 57.8 as target. However if you take a buy trade in stock , then use 60.2 as stoploss and 62.09 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Upside Target | 59.40 |
| Upside Target | 61.80 |
| Upside Target | 66.00 |
| Upside Target | 67.45 |
| Upside Target | 70.50 |
| Upside Target | 75.00 |
| Upside Target | 86.00 |
| Upside Target | 93.15 |
| Upside Target | 95.55 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 56.9 |
| Downside Intraday Target | 54.65 |
| Upside Intraday Target | 61.6 |
| Upside Intraday Target | 64.05 |
| Upside Intraday Target | 59.35 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Jun 2022 | 59.15 | 59.50 | 61.80 | 57.10 | 0.704 times |
| 17 Fri Jun 2022 | 60.85 | 62.95 | 63.95 | 60.20 | 1.647 times |
| 10 Fri Jun 2022 | 62.35 | 67.45 | 67.45 | 62.10 | 0.675 times |
| 03 Fri Jun 2022 | 64.75 | 66.00 | 66.00 | 63.50 | 0.29 times |
| 27 Fri May 2022 | 63.85 | 68.00 | 70.50 | 62.50 | 1.506 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 |
| 24 Fri Jun 2022 | 59.15 | 65.15 | 67.45 | 57.10 | 0.212 times |
| 31 Tue May 2022 | 64.35 | 84.90 | 86.00 | 62.50 | 0.343 times |
| 29 Fri Apr 2022 | 82.75 | 65.20 | 95.55 | 65.00 | 1.212 times |
| 31 Thu Mar 2022 | 65.25 | 60.00 | 93.15 | 59.40 | 3.668 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 | 18, 23, 12 | Sell |
| MACD | -5, -5 | Sell |
| Stochastics | 34 | None |
| CCI | -34 | Buy |
| RSI | 55 | Buy |
| OBV | -26409 | Sell |
| VWAP | 60 | Sell |
| 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
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 buy signal for Raj Oil in short term but BUY signal is weak.
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
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 60.38 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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.
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