(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 2022-08-12 View latest technical analysis
10 day averaged volume of Raj Oil is 2607
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||61.50||61.70||62.50||60.65||0.525 times|
|11 Thu Aug 2022||61.40||61.30||62.00||60.45||1.911 times|
|10 Wed Aug 2022||60.50||61.70||61.70||60.50||2.142 times|
|08 Mon Aug 2022||60.85||61.85||61.85||60.55||0.17 times|
|05 Fri Aug 2022||61.55||61.00||62.50||60.80||0.105 times|
|04 Thu Aug 2022||60.50||60.15||63.50||60.15||1.542 times|
|03 Wed Aug 2022||61.15||62.35||62.35||60.80||0.211 times|
|02 Tue Aug 2022||62.20||60.85||62.50||59.85||2.102 times|
|01 Mon Aug 2022||60.60||60.50||61.00||59.30||1.006 times|
|29 Fri Jul 2022||60.45||59.25||60.80||59.25||0.47 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 61.6 as stoploss in an intra day sell trade for a target of 61.09. However, stock will show a bullish move above 61.6.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||60.47|
|Downside Intraday Target||59.43|
|Upside Intraday Target||62.52|
|Upside Intraday Target||63.53|
|Downside Intraday Target||61.48|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||61.50||61.85||62.50||60.45||0.956 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|
|12 Fri Aug 2022||61.50||60.50||63.50||59.30||0.91 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||17, 8, 33||Buy|
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 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 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 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. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 61.11 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 negative.