(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 2022-09-13 View latest technical analysis
10 day averaged volume of Raj Oil is 5415
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Sep 2022 | 61.05 | 62.45 | 62.45 | 60.80 | 0.441 times |
| 12 Mon Sep 2022 | 61.70 | 61.05 | 61.85 | 60.80 | 0.51 times |
| 09 Fri Sep 2022 | 61.10 | 62.90 | 62.90 | 61.05 | 0.574 times |
| 08 Thu Sep 2022 | 62.90 | 64.55 | 65.90 | 62.75 | 1.133 times |
| 07 Wed Sep 2022 | 64.60 | 63.95 | 65.00 | 62.25 | 0.917 times |
| 06 Tue Sep 2022 | 63.55 | 62.10 | 63.95 | 62.05 | 0.261 times |
| 05 Mon Sep 2022 | 62.45 | 62.85 | 64.50 | 61.55 | 1.158 times |
| 02 Fri Sep 2022 | 63.05 | 60.85 | 63.10 | 60.00 | 1.423 times |
| 01 Thu Sep 2022 | 60.10 | 60.60 | 61.25 | 60.00 | 2.46 times |
| 30 Tue Aug 2022 | 60.20 | 59.75 | 61.65 | 59.75 | 1.102 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 61.67. 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 | 62.45 |
| 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 | 60.42 |
| Downside Intraday Target | 59.78 |
| Upside Intraday Target | 62.07 |
| Upside Intraday Target | 63.08 |
| Upside Intraday Target | 61.43 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Sep 2022 | 61.05 | 61.05 | 62.45 | 60.80 | 0.235 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 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 |
| 13 Tue Sep 2022 | 61.05 | 60.60 | 65.90 | 60.00 | 0.797 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, 12, 30 | Buy |
| MACD | 0, 0 | Sell |
| Stochastics | 25 | Sell |
| CCI | -45 | Sell |
| RSI | 54 | Buy |
| OBV | -30263 | 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.
Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 61.81 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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