(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 2023-01-25 View latest technical analysis
10 day averaged volume of Raj Oil is 3599
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Wed Jan 2023 | 57.75 | 56.15 | 57.80 | 56.15 | 0.332 times |
| 24 Tue Jan 2023 | 56.40 | 56.30 | 57.90 | 56.00 | 0.271 times |
| 23 Mon Jan 2023 | 56.85 | 57.05 | 58.00 | 56.25 | 0.26 times |
| 20 Fri Jan 2023 | 58.50 | 58.75 | 58.75 | 57.05 | 0.403 times |
| 19 Thu Jan 2023 | 57.40 | 58.50 | 58.50 | 57.40 | 0.023 times |
| 18 Wed Jan 2023 | 57.60 | 58.00 | 58.75 | 56.85 | 0.502 times |
| 17 Tue Jan 2023 | 58.00 | 56.85 | 59.20 | 56.85 | 0.307 times |
| 16 Mon Jan 2023 | 57.35 | 57.90 | 57.90 | 56.00 | 0.447 times |
| 13 Fri Jan 2023 | 56.85 | 58.45 | 58.45 | 56.30 | 0.069 times |
| 12 Thu Jan 2023 | 58.25 | 60.05 | 60.05 | 57.00 | 5.511 times |
My analysis of stock is bearish for shortterm, and stock might move down till 57.1 or till 55.8. Use a stoploss of 58.28 and if the stock hits stoploss, then it can shoot up till 59.43
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Upside Target | 59.20 |
| Upside Target | 59.80 |
| Upside Target | 60.40 |
| Upside Target | 60.45 |
| Upside Target | 61.95 |
| Upside Target | 63.00 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 56.5 |
| Downside Intraday Target | 55.25 |
| Upside Intraday Target | 58.5 |
| Upside Intraday Target | 59.25 |
| Downside Intraday Target | 57.25 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Wed Jan 2023 | 57.75 | 57.05 | 58.00 | 56.00 | 0.513 times |
| 20 Fri Jan 2023 | 58.50 | 57.90 | 59.20 | 56.00 | 0.21 times |
| 13 Fri Jan 2023 | 56.85 | 58.00 | 60.40 | 56.30 | 8.3 times |
| 06 Fri Jan 2023 | 58.25 | 60.45 | 61.95 | 58.15 | 0.155 times |
| 30 Fri Dec 2022 | 60.45 | 56.80 | 60.45 | 56.80 | 0.956 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 Wed Jan 2023 | 57.75 | 60.45 | 61.95 | 56.00 | 0.394 times |
| 30 Fri Dec 2022 | 60.45 | 59.95 | 64.15 | 56.75 | 1.143 times |
| 30 Wed Nov 2022 | 58.30 | 56.15 | 63.00 | 55.15 | 3.529 times |
| 31 Mon Oct 2022 | 56.80 | 57.30 | 59.80 | 54.75 | 0.343 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 | 14, 14, 0 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 24 | Sell |
| CCI | -43 | Buy |
| RSI | 54 | Buy |
| OBV | 1786 | Sell |
| VWAP | 58 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 58.02 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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