(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 2023-06-05 View latest technical analysis
10 day averaged volume of Raj Oil is 6816
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Jun 2023 | 40.57 | 38.65 | 40.57 | 38.65 | 0.808 times |
| 02 Fri Jun 2023 | 38.64 | 36.10 | 38.64 | 36.00 | 2.741 times |
| 01 Thu Jun 2023 | 36.80 | 39.00 | 39.80 | 36.10 | 3.444 times |
| 31 Wed May 2023 | 38.00 | 38.58 | 39.79 | 37.50 | 0.315 times |
| 30 Tue May 2023 | 38.58 | 42.10 | 42.10 | 38.50 | 0.754 times |
| 29 Mon May 2023 | 40.45 | 39.84 | 41.00 | 39.39 | 0.429 times |
| 26 Fri May 2023 | 39.44 | 40.44 | 40.70 | 39.08 | 1.101 times |
| 25 Thu May 2023 | 41.13 | 42.25 | 42.26 | 40.84 | 0.121 times |
| 24 Wed May 2023 | 40.25 | 41.59 | 41.85 | 40.25 | 0.031 times |
| 23 Tue May 2023 | 41.06 | 40.00 | 42.00 | 39.36 | 0.625 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41.7 or till 43.4. Use a stoploss of 40.37 and if this stock hits its stoploss, then it can fall down till 39.01
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 33.90 |
| Downside Target | 36.00 |
| Downside Target | 37.36 |
| Downside Target | 38.65 |
| Downside Target | 40.57 |
| Upside Target | 42.10 |
| Upside Target | 42.99 |
| Upside Target | 43.00 |
| Upside Target | 44.48 |
| Upside Target | 45.10 |
| Upside Target | 45.70 |
| Upside Target | 64.75 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 39.29 |
| Downside Intraday Target | 38.01 |
| Upside Intraday Target | 41.21 |
| Upside Intraday Target | 41.85 |
| Downside Intraday Target | 39.93 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Jun 2023 | 40.57 | 38.65 | 40.57 | 38.65 | 0.105 times |
| 02 Fri Jun 2023 | 38.64 | 39.84 | 42.10 | 36.00 | 3.316 times |
| 26 Fri May 2023 | 39.44 | 40.10 | 42.26 | 39.08 | 2.107 times |
| 19 Fri May 2023 | 40.96 | 41.77 | 43.00 | 40.96 | 1.26 times |
| 12 Fri May 2023 | 41.70 | 41.25 | 42.99 | 40.65 | 0.931 times |
Price has moved up 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 |
| 05 Mon Jun 2023 | 40.57 | 39.00 | 40.57 | 36.00 | 1.04 times |
| 31 Wed May 2023 | 38.00 | 41.64 | 43.00 | 37.50 | 0.811 times |
| 28 Fri Apr 2023 | 40.84 | 39.20 | 44.48 | 37.36 | 0.245 times |
| 31 Fri Mar 2023 | 38.65 | 43.00 | 45.70 | 33.90 | 4.03 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)
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Raj Oil stock for short term is BUY. 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 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 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 38.49 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 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.
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Raj Oil stock for short term is BUY. 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 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 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 38.49 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 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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