(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 2022-07-05 View latest technical analysis
10 day averaged volume of Raj Oil is 2101
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Jul 2022 | 62.35 | 64.40 | 64.40 | 61.50 | 0.5 times |
04 Mon Jul 2022 | 64.40 | 60.75 | 65.90 | 60.75 | 0.96 times |
01 Fri Jul 2022 | 62.90 | 62.00 | 63.50 | 60.25 | 1.579 times |
30 Thu Jun 2022 | 61.80 | 63.40 | 63.40 | 59.65 | 0.455 times |
29 Wed Jun 2022 | 62.40 | 64.50 | 65.85 | 61.40 | 0.812 times |
28 Tue Jun 2022 | 64.50 | 63.95 | 64.50 | 61.25 | 1.423 times |
27 Mon Jun 2022 | 62.10 | 60.85 | 62.10 | 60.85 | 2.113 times |
24 Fri Jun 2022 | 59.15 | 60.15 | 61.80 | 59.00 | 0.703 times |
23 Thu Jun 2022 | 60.05 | 60.20 | 60.75 | 59.00 | 0.684 times |
22 Wed Jun 2022 | 59.40 | 58.80 | 60.25 | 58.05 | 0.142 times |
My analysis of stock is bullish for shortterm, and stock might move up till 63.3 or till 65.2. Use a stoploss of 61.66 and if this stock hits its stoploss, then it can fall down till 60.05
Share price targets for Raj Oil (RajOil)
Target Type | Value |
Downside Target | 57.10 |
Downside Target | 59.40 |
Upside Target | 63.95 |
Upside Target | 65.85 |
Upside Target | 65.90 |
Upside Target | 67.45 |
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 | 60.1 |
Downside Intraday Target | 57.85 |
Upside Intraday Target | 65.25 |
Upside Intraday Target | 68.15 |
Upside Intraday Target | 63 |
Weekly technical analysis of Raj Oil (RajOil)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Jul 2022 | 62.35 | 60.75 | 65.90 | 60.75 | 0.229 times |
01 Fri Jul 2022 | 62.90 | 60.85 | 65.85 | 59.65 | 1.751 times |
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 |
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 |
05 Tue Jul 2022 | 62.35 | 62.00 | 65.90 | 60.25 | 0.151 times |
30 Thu Jun 2022 | 61.80 | 65.15 | 67.45 | 57.10 | 0.278 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 |
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 | 22, 13, 27 | Buy |
MACD | -2, -3 | Buy |
Stochastics | 68 | None |
CCI | 51 | Sell |
RSI | 56 | Buy |
OBV | -257 | Sell |
VWAP | 62 | Sell |
ADL | 0 | Sell |
ROC | 6 | Buy |
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
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Strong 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. 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 coming down
CCI has generated a SELL signal for Raj Oil in short term but SELL signal is weak.
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 62.45 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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.
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