(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 2022-09-20 View latest technical analysis
10 day averaged volume of Raj Oil is 3388
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Sep 2022 | 60.40 | 60.00 | 60.70 | 59.60 | 0.909 times |
| 19 Mon Sep 2022 | 60.15 | 60.95 | 60.95 | 59.55 | 0.792 times |
| 16 Fri Sep 2022 | 60.20 | 60.20 | 61.55 | 60.00 | 0.324 times |
| 15 Thu Sep 2022 | 61.15 | 62.20 | 62.95 | 60.10 | 1.557 times |
| 14 Wed Sep 2022 | 62.00 | 61.85 | 62.25 | 60.80 | 1.198 times |
| 13 Tue Sep 2022 | 61.05 | 62.45 | 62.45 | 60.80 | 0.705 times |
| 12 Mon Sep 2022 | 61.70 | 61.05 | 61.85 | 60.80 | 0.815 times |
| 09 Fri Sep 2022 | 61.10 | 62.90 | 62.90 | 61.05 | 0.917 times |
| 08 Thu Sep 2022 | 62.90 | 64.55 | 65.90 | 62.75 | 1.81 times |
| 07 Wed Sep 2022 | 64.60 | 63.95 | 65.00 | 62.25 | 1.465 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 60.3 as stoploss in an intra day buy trade for a target of 61.51. However, stock will show a bearish move below 60.3.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.25 |
| Upside Target | 62.50 |
| Upside Target | 63.10 |
| 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 | 59.65 |
| Downside Intraday Target | 58.9 |
| Upside Intraday Target | 61.05 |
| Upside Intraday Target | 61.7 |
| Downside Intraday Target | 60.3 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Sep 2022 | 60.40 | 60.95 | 60.95 | 59.55 | 0.37 times |
| 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 |
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 |
| 20 Tue Sep 2022 | 60.40 | 60.60 | 65.90 | 59.55 | 1.066 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 | 17, 11, 21 | Buy |
| MACD | -1, -0 | Sell |
| Stochastics | 9 | Sell |
| CCI | -103 | Buy |
| RSI | 54 | Buy |
| OBV | -29626 | 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 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 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 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 mid to longer 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.
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 moving up
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
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 61.89 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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