(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 2022-09-16 View latest technical analysis
10 day averaged volume of Raj Oil is 4407
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Sep 2022 | 60.20 | 60.20 | 61.55 | 60.00 | 0.249 times |
| 15 Thu Sep 2022 | 61.15 | 62.20 | 62.95 | 60.10 | 1.197 times |
| 14 Wed Sep 2022 | 62.00 | 61.85 | 62.25 | 60.80 | 0.921 times |
| 13 Tue Sep 2022 | 61.05 | 62.45 | 62.45 | 60.80 | 0.542 times |
| 12 Mon Sep 2022 | 61.70 | 61.05 | 61.85 | 60.80 | 0.626 times |
| 09 Fri Sep 2022 | 61.10 | 62.90 | 62.90 | 61.05 | 0.705 times |
| 08 Thu Sep 2022 | 62.90 | 64.55 | 65.90 | 62.75 | 1.392 times |
| 07 Wed Sep 2022 | 64.60 | 63.95 | 65.00 | 62.25 | 1.127 times |
| 06 Tue Sep 2022 | 63.55 | 62.10 | 63.95 | 62.05 | 0.32 times |
| 05 Mon Sep 2022 | 62.45 | 62.85 | 64.50 | 61.55 | 1.422 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.5, but if it comes above 60.5, then a intra day buy could be more profitable.
If you take a sell trade below 60.5, then use 60.5 as stoploss and 59.1 as target. However if you take a buy trade in stock , then use 60.5 as stoploss and 61.64 as target.
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 | 59.15 |
| Downside Intraday Target | 58.1 |
| Upside Intraday Target | 62.1 |
| Upside Intraday Target | 64 |
| Upside Intraday Target | 61.05 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Sep 2022 | 60.20 | 61.05 | 62.95 | 60.00 | 0.712 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 |
| 16 Fri Sep 2022 | 60.20 | 60.60 | 65.90 | 60.00 | 0.971 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 down 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 | 20, 10, 33 | Buy |
| MACD | -0, -0 | Sell |
| Stochastics | 19 | Sell |
| CCI | -108 | Sell |
| RSI | 53 | Buy |
| OBV | -32024 | Sell |
| VWAP | 62 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| 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 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 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 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 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 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 62.3 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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