(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 2022-07-28 View latest technical analysis
10 day averaged volume of Raj Oil is 1286
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Thu Jul 2022||60.40||60.10||60.85||60.00||0.691 times|
|27 Wed Jul 2022||60.60||61.90||61.90||60.50||0.717 times|
|26 Tue Jul 2022||61.40||61.80||61.80||61.00||0.548 times|
|25 Mon Jul 2022||61.35||61.75||61.75||60.15||0.33 times|
|22 Fri Jul 2022||61.80||61.45||61.80||60.05||2.786 times|
|21 Thu Jul 2022||61.10||61.00||61.50||60.10||1.175 times|
|20 Wed Jul 2022||61.05||61.85||62.50||61.00||0.735 times|
|19 Tue Jul 2022||61.00||61.90||62.40||60.80||1.442 times|
|18 Mon Jul 2022||62.00||59.70||62.50||59.70||0.872 times|
|14 Thu Jul 2022||60.35||61.25||62.00||60.10||1.086 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.5, but if it comes above 60.5, then a intra day buy could be more profitable.
If you take a sell trade below 60.5, then use 60.5 as stoploss and 59.3 as target. However if you take a buy trade in stock , then use 60.5 as stoploss and 61.44 as target.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||59.63|
|Downside Intraday Target||58.87|
|Upside Intraday Target||61.53|
|Upside Intraday Target||62.67|
|Upside Intraday Target||60.77|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Thu Jul 2022||60.40||61.75||61.90||60.00||0.326 times|
|22 Fri Jul 2022||61.80||59.70||62.50||59.70||2.285 times|
|14 Thu Jul 2022||60.35||61.95||62.00||59.80||0.533 times|
|08 Fri Jul 2022||61.05||60.75||65.90||60.50||0.552 times|
|01 Fri Jul 2022||62.90||60.85||65.85||59.65||1.751 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|
|28 Thu Jul 2022||60.40||62.00||65.90||59.70||0.629 times|
|30 Thu Jun 2022||61.80||65.15||67.45||57.10||0.301 times|
|31 Tue May 2022||64.35||84.90||86.00||62.50||0.318 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 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||12, 15, 13||Sell|
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 SELL. 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.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Raj Oil in short term and SELL 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
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 61.21 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.