(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 2022-11-25 View latest technical analysis
10 day averaged volume of Raj Oil is 5822
|Date||Daily Closing Price||Open||High||Low||Volume|
|25 Fri Nov 2022||58.70||58.45||60.00||57.05||0.262 times|
|24 Thu Nov 2022||58.90||59.85||61.00||58.35||0.896 times|
|23 Wed Nov 2022||61.40||60.30||62.00||59.75||1.042 times|
|22 Tue Nov 2022||59.35||58.10||61.90||58.10||1.011 times|
|21 Mon Nov 2022||59.85||58.00||59.95||57.85||0.78 times|
|18 Fri Nov 2022||59.65||59.50||61.75||59.00||0.146 times|
|17 Thu Nov 2022||60.20||60.50||63.00||60.15||0.667 times|
|16 Wed Nov 2022||62.00||58.60||62.70||58.60||1.545 times|
|15 Tue Nov 2022||59.75||57.90||59.75||56.90||2.545 times|
|14 Mon Nov 2022||56.95||57.35||59.95||56.50||0.625 times|
My analysis of stock is bearish for shortterm, and stock might move down till 57.3 or till 55.5. Use a stoploss of 58.71 and if the stock hits stoploss, then it can shoot up till 60.15
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||56.5|
|Downside Intraday Target||54.3|
|Upside Intraday Target||61.45|
|Upside Intraday Target||64.2|
|Upside Intraday Target||59.25|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|25 Fri Nov 2022||58.70||58.00||62.00||57.05||0.722 times|
|18 Fri Nov 2022||59.65||57.35||63.00||56.50||2.364 times|
|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|
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|
|25 Fri Nov 2022||58.70||56.15||63.00||55.15||3.228 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Raj Oil (RajOil)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||14, 19, 13||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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 60 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.