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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 2022-08-10 View latest technical analysis

10 day averaged volume of Raj Oil is 1713

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 60.50 61.70 61.70 60.50 3.26 times
08 Mon Aug 2022 60.85 61.85 61.85 60.55 0.258 times
05 Fri Aug 2022 61.55 61.00 62.50 60.80 0.159 times
04 Thu Aug 2022 60.50 60.15 63.50 60.15 2.347 times
03 Wed Aug 2022 61.15 62.35 62.35 60.80 0.321 times
02 Tue Aug 2022 62.20 60.85 62.50 59.85 3.198 times
01 Mon Aug 2022 60.60 60.50 61.00 59.30 1.531 times
29 Fri Jul 2022 60.45 59.25 60.80 59.25 0.715 times
28 Thu Jul 2022 60.40 60.10 60.85 60.00 0.519 times
27 Wed Jul 2022 60.60 61.90 61.90 60.50 0.538 times

Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from this stock.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Downside Target 59.25
Upside Target 61.85
Upside Target 62.50
Upside Target 63.50
Upside Target 65.00
Upside Target 65.90
Upside Target 67.45
Upside Target 86.00
Upside Target 95.55

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 60.05
Downside Intraday Target 59.6
Upside Intraday Target 61.4
Upside Intraday Target 62.3
Upside Intraday Target 60.95

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 60.50 61.85 61.85 60.50 0.466 times
05 Fri Aug 2022 61.55 60.50 63.50 59.30 3.109 times
29 Fri Jul 2022 60.45 61.75 61.90 59.25 0.462 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

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
10 Wed Aug 2022 60.50 60.50 63.50 59.30 0.681 times
29 Fri Jul 2022 60.45 62.00 65.90 59.25 0.658 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

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 15, 10, 19 Buy
MACD -1, -1Buy
Stochastics 40None
CCI -13Sell
RSI 51Buy
OBV 996Sell
VWAP 61Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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.

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 green color and prices are in or below the green 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

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 60.97 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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Daily charts

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Daily chart

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