(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 2023-01-27 View latest technical analysis
10 day averaged volume of Raj Oil is 2924
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 56.20 | 57.00 | 57.00 | 55.10 | 0.233 times |
| 25 Wed Jan 2023 | 57.75 | 56.15 | 57.80 | 56.15 | 0.409 times |
| 24 Tue Jan 2023 | 56.40 | 56.30 | 57.90 | 56.00 | 0.333 times |
| 23 Mon Jan 2023 | 56.85 | 57.05 | 58.00 | 56.25 | 0.32 times |
| 20 Fri Jan 2023 | 58.50 | 58.75 | 58.75 | 57.05 | 0.496 times |
| 19 Thu Jan 2023 | 57.40 | 58.50 | 58.50 | 57.40 | 0.028 times |
| 18 Wed Jan 2023 | 57.60 | 58.00 | 58.75 | 56.85 | 0.618 times |
| 17 Tue Jan 2023 | 58.00 | 56.85 | 59.20 | 56.85 | 0.378 times |
| 16 Mon Jan 2023 | 57.35 | 57.90 | 57.90 | 56.00 | 0.55 times |
| 13 Fri Jan 2023 | 56.85 | 58.45 | 58.45 | 56.30 | 0.085 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57, but if it comes above 57, then a intra day buy could be more profitable.
If you take a sell trade below 57, then use 57 as stoploss and 55.5 as target. However if you take a buy trade in stock , then use 57 as stoploss and 58.2 as target.
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 | 54.87 |
| Downside Intraday Target | 53.53 |
| Upside Intraday Target | 57.77 |
| Upside Intraday Target | 59.33 |
| Upside Intraday Target | 56.43 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 56.20 | 57.05 | 58.00 | 55.10 | 0.626 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 |
| 27 Fri Jan 2023 | 56.20 | 60.45 | 61.95 | 55.10 | 0.4 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 | 12, 17, 19 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 26 | Sell |
| CCI | -167 | Sell |
| RSI | 53 | Buy |
| OBV | 3770 | Sell |
| VWAP | 57 | 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 57.45 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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