(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 2022-09-09 View latest technical analysis
10 day averaged volume of Raj Oil is 5972
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 61.10 | 62.90 | 62.90 | 61.05 | 0.52 times |
| 08 Thu Sep 2022 | 62.90 | 64.55 | 65.90 | 62.75 | 1.027 times |
| 07 Wed Sep 2022 | 64.60 | 63.95 | 65.00 | 62.25 | 0.831 times |
| 06 Tue Sep 2022 | 63.55 | 62.10 | 63.95 | 62.05 | 0.236 times |
| 05 Mon Sep 2022 | 62.45 | 62.85 | 64.50 | 61.55 | 1.05 times |
| 02 Fri Sep 2022 | 63.05 | 60.85 | 63.10 | 60.00 | 1.29 times |
| 01 Thu Sep 2022 | 60.10 | 60.60 | 61.25 | 60.00 | 2.231 times |
| 30 Tue Aug 2022 | 60.20 | 59.75 | 61.65 | 59.75 | 0.999 times |
| 29 Mon Aug 2022 | 60.95 | 61.75 | 61.75 | 60.10 | 0.42 times |
| 26 Fri Aug 2022 | 61.55 | 61.90 | 62.15 | 60.70 | 0.634 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.6 as stoploss in an intra day buy trade for a target of 61.68. However, stock will show a bearish move below 60.6.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.25 |
| Upside Target | 62.50 |
| Upside Target | 63.25 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
| Upside Target | 67.45 |
| Upside Target | 86.00 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 59.47 |
| Downside Intraday Target | 57.83 |
| Upside Intraday Target | 64.32 |
| Upside Intraday Target | 67.53 |
| Upside Intraday Target | 62.68 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 61.10 | 62.85 | 65.90 | 61.05 | 0.742 times |
| 02 Fri Sep 2022 | 63.05 | 61.75 | 63.10 | 59.75 | 2.013 times |
| 26 Fri Aug 2022 | 61.55 | 60.50 | 63.25 | 60.25 | 1.24 times |
| 19 Fri Aug 2022 | 61.85 | 60.55 | 64.15 | 60.15 | 0.955 times |
| 12 Fri Aug 2022 | 61.50 | 61.85 | 62.50 | 60.45 | 0.956 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 |
| 09 Fri Sep 2022 | 61.10 | 60.60 | 65.90 | 60.00 | 0.712 times |
| 30 Tue Aug 2022 | 60.20 | 60.50 | 64.15 | 59.30 | 2.165 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 |
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 | 0, 0 | Buy |
| Stochastics | 55 | None |
| CCI | -25 | Sell |
| RSI | 54 | Buy |
| OBV | -31237 | Sell |
| VWAP | 62 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
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 tired and bears 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 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 61.79 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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