(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 2022-11-03 View latest technical analysis
10 day averaged volume of Raj Oil is 1613
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Nov 2022 | 58.15 | 56.65 | 58.50 | 56.65 | 5.878 times |
| 02 Wed Nov 2022 | 56.85 | 58.40 | 58.40 | 55.15 | 2.257 times |
| 01 Tue Nov 2022 | 57.00 | 56.15 | 57.50 | 56.15 | 1.107 times |
| 31 Mon Oct 2022 | 56.80 | 59.00 | 59.00 | 56.80 | 1.381 times |
| 28 Fri Oct 2022 | 57.50 | 58.00 | 58.50 | 57.50 | 0.469 times |
| 27 Thu Oct 2022 | 56.50 | 57.05 | 58.65 | 56.50 | 0.788 times |
| 25 Tue Oct 2022 | 58.60 | 57.10 | 59.80 | 57.00 | 0.883 times |
| 24 Mon Oct 2022 | 57.40 | 57.05 | 59.40 | 57.05 | 0.331 times |
| 21 Fri Oct 2022 | 58.50 | 58.50 | 58.50 | 57.00 | 1.206 times |
| 20 Thu Oct 2022 | 58.50 | 59.25 | 59.25 | 57.50 | 1.03 times |
Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58.3 as stoploss in an intra day sell trade for a target of 57.49. However, stock will show a bullish move above 58.3.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Downside Target | 56.50 |
| Upside Target | 58.50 |
| Upside Target | 59.25 |
| Upside Target | 59.30 |
| Upside Target | 59.40 |
| Upside Target | 59.80 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 55.87 |
| Downside Intraday Target | 53.58 |
| Upside Intraday Target | 59.72 |
| Upside Intraday Target | 61.28 |
| Downside Intraday Target | 57.43 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Nov 2022 | 58.15 | 59.00 | 59.00 | 55.15 | 4.299 times |
| 28 Fri Oct 2022 | 57.50 | 57.05 | 59.80 | 56.50 | 0.846 times |
| 21 Fri Oct 2022 | 58.50 | 56.55 | 59.25 | 56.55 | 0.402 times |
| 14 Fri Oct 2022 | 55.90 | 57.00 | 59.00 | 54.75 | 3.374 times |
| 07 Fri Oct 2022 | 57.40 | 57.30 | 59.40 | 57.30 | 0.633 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Thu Nov 2022 | 58.15 | 56.15 | 58.50 | 55.15 | 0.571 times |
| 31 Mon Oct 2022 | 56.80 | 57.30 | 59.80 | 54.75 | 0.343 times |
| 30 Fri Sep 2022 | 57.45 | 60.60 | 65.90 | 57.30 | 1.263 times |
| 30 Tue Aug 2022 | 60.20 | 60.50 | 64.15 | 59.30 | 2.165 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 | 7, 18, 42 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 41 | None |
| CCI | 12 | Buy |
| RSI | 57 | Buy |
| OBV | -2273 | Sell |
| VWAP | 58 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | 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
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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 57.71 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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