(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 2022-11-11 View latest technical analysis
10 day averaged volume of Raj Oil is 2884
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 57.35 | 57.50 | 60.00 | 56.85 | 1.502 times |
| 10 Thu Nov 2022 | 59.00 | 58.50 | 59.80 | 57.50 | 0.304 times |
| 09 Wed Nov 2022 | 58.60 | 58.35 | 60.00 | 56.90 | 2.265 times |
| 07 Mon Nov 2022 | 58.45 | 58.60 | 58.60 | 57.05 | 0.65 times |
| 04 Fri Nov 2022 | 57.80 | 58.95 | 58.95 | 57.05 | 0.135 times |
| 03 Thu Nov 2022 | 58.15 | 56.65 | 58.50 | 56.65 | 3.287 times |
| 02 Wed Nov 2022 | 56.85 | 58.40 | 58.40 | 55.15 | 1.262 times |
| 01 Tue Nov 2022 | 57.00 | 56.15 | 57.50 | 56.15 | 0.619 times |
| 31 Mon Oct 2022 | 56.80 | 59.00 | 59.00 | 56.80 | 0.773 times |
| 28 Fri Oct 2022 | 57.50 | 58.00 | 58.50 | 57.50 | 0.262 times |
My analysis of stock is bearish for shortterm, and stock might move down till 56.8 or till 55.8. Use a stoploss of 57.67 and if the stock hits stoploss, then it can shoot up till 58.52
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Downside Target | 56.50 |
| Upside Target | 59.00 |
| Upside Target | 59.30 |
| Upside Target | 59.80 |
| Upside Target | 60.00 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 56.13 |
| Downside Intraday Target | 54.92 |
| Upside Intraday Target | 59.28 |
| Upside Intraday Target | 61.22 |
| Upside Intraday Target | 58.07 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 57.35 | 58.60 | 60.00 | 56.85 | 0.777 times |
| 04 Fri Nov 2022 | 57.80 | 59.00 | 59.00 | 55.15 | 4.397 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 |
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 |
| 11 Fri Nov 2022 | 57.35 | 56.15 | 60.00 | 55.15 | 1.107 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 | 10, 12, 10 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 65 | None |
| CCI | 38 | Sell |
| RSI | 51 | Buy |
| OBV | 8291 | Sell |
| VWAP | 58 | 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
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 but SELL 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
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 57.85 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 is giving positive 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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