(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 2022-09-12 View latest technical analysis
10 day averaged volume of Raj Oil is 5517
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Sep 2022 | 61.70 | 61.05 | 61.85 | 60.80 | 0.5 times |
| 09 Fri Sep 2022 | 61.10 | 62.90 | 62.90 | 61.05 | 0.563 times |
| 08 Thu Sep 2022 | 62.90 | 64.55 | 65.90 | 62.75 | 1.112 times |
| 07 Wed Sep 2022 | 64.60 | 63.95 | 65.00 | 62.25 | 0.9 times |
| 06 Tue Sep 2022 | 63.55 | 62.10 | 63.95 | 62.05 | 0.256 times |
| 05 Mon Sep 2022 | 62.45 | 62.85 | 64.50 | 61.55 | 1.136 times |
| 02 Fri Sep 2022 | 63.05 | 60.85 | 63.10 | 60.00 | 1.397 times |
| 01 Thu Sep 2022 | 60.10 | 60.60 | 61.25 | 60.00 | 2.415 times |
| 30 Tue Aug 2022 | 60.20 | 59.75 | 61.65 | 59.75 | 1.082 times |
| 29 Mon Aug 2022 | 60.95 | 61.75 | 61.75 | 60.10 | 0.454 times |
My analysis of stock is bullish for shortterm, and stock might move up till 62.8 or till 64.1. Use a stoploss of 61.69 and if this stock hits its stoploss, then it can fall down till 60.59
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.25 |
| Upside Target | 63.10 |
| 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 | 61.05 |
| Downside Intraday Target | 60.4 |
| Upside Intraday Target | 62.1 |
| Upside Intraday Target | 62.5 |
| Downside Intraday Target | 61.45 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Sep 2022 | 61.70 | 61.05 | 61.85 | 60.80 | 0.126 times |
| 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 |
Price has moved up 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 Mon Sep 2022 | 61.70 | 60.60 | 65.90 | 60.00 | 0.758 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 | 21, 13, 22 | Buy |
| MACD | 0, 0 | Buy |
| Stochastics | 35 | None |
| CCI | -39 | Sell |
| RSI | 53 | Buy |
| OBV | -22893 | 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 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
Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 61.8 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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