(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 2022-09-15 View latest technical analysis
10 day averaged volume of Raj Oil is 5212
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Sep 2022 | 61.15 | 62.20 | 62.95 | 60.10 | 1.012 times |
| 14 Wed Sep 2022 | 62.00 | 61.85 | 62.25 | 60.80 | 0.779 times |
| 13 Tue Sep 2022 | 61.05 | 62.45 | 62.45 | 60.80 | 0.458 times |
| 12 Mon Sep 2022 | 61.70 | 61.05 | 61.85 | 60.80 | 0.53 times |
| 09 Fri Sep 2022 | 61.10 | 62.90 | 62.90 | 61.05 | 0.596 times |
| 08 Thu Sep 2022 | 62.90 | 64.55 | 65.90 | 62.75 | 1.177 times |
| 07 Wed Sep 2022 | 64.60 | 63.95 | 65.00 | 62.25 | 0.953 times |
| 06 Tue Sep 2022 | 63.55 | 62.10 | 63.95 | 62.05 | 0.271 times |
| 05 Mon Sep 2022 | 62.45 | 62.85 | 64.50 | 61.55 | 1.203 times |
| 02 Fri Sep 2022 | 63.05 | 60.85 | 63.10 | 60.00 | 1.479 times |
My analysis of stock is bearish for shortterm, and stock might move down till 60.6 or till 59.3. Use a stoploss of 61.69 and if the stock hits stoploss, then it can shoot up till 62.79
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 | 59.85 |
| Downside Intraday Target | 58.55 |
| Upside Intraday Target | 62.7 |
| Upside Intraday Target | 64.25 |
| Upside Intraday Target | 61.4 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Sep 2022 | 61.15 | 61.05 | 62.95 | 60.10 | 0.662 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 |
| 15 Thu Sep 2022 | 61.15 | 60.60 | 65.90 | 60.00 | 0.952 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, 10, 35 | Buy |
| MACD | -0, 0 | Sell |
| Stochastics | 25 | Sell |
| CCI | -72 | Sell |
| RSI | 53 | Buy |
| OBV | -29700 | Sell |
| VWAP | 62 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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
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 and the sell signal is strong.
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 red color and prices are below the red 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 62.48 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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