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(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 2024-08-16 View latest technical analysis

10 day averaged volume of Raj Oil is 14116

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 53.51 52.43 54.45 52.40 0.128 times
14 Wed Aug 2024 53.07 56.30 56.30 52.98 0.041 times
13 Tue Aug 2024 53.94 59.00 59.90 52.30 0.508 times
12 Mon Aug 2024 57.89 56.35 58.55 56.35 0.274 times
09 Fri Aug 2024 56.35 57.15 60.66 55.73 0.336 times
08 Thu Aug 2024 60.24 63.28 63.45 59.01 1.531 times
07 Wed Aug 2024 64.74 64.59 64.74 62.73 3.574 times
06 Tue Aug 2024 58.86 52.44 58.86 52.25 2.393 times
05 Mon Aug 2024 53.51 56.00 56.00 52.52 0.275 times
02 Fri Aug 2024 55.37 55.03 57.88 53.72 0.638 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.7 or till 44.8. Use a stoploss of 53.82 and if the stock hits stoploss, then it can shoot up till 57.9

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 42.35
Downside Target 48.65
Downside Target 51.65
Downside Target 53.50
Upside Target 57.50
Upside Target 57.88
Upside Target 59.90
Upside Target 64.74
Upside Target 71.00
Upside Target 82.91

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 50.57
Downside Intraday Target 47.64
Upside Intraday Target 58.17
Upside Intraday Target 62.84
Upside Intraday Target 55.24

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 53.51 56.35 59.90 52.30 0.117 times
09 Fri Aug 2024 56.35 56.00 64.74 52.25 5.896 times
02 Fri Aug 2024 55.37 50.40 57.88 49.39 8.11 times
26 Fri Jul 2024 50.40 49.90 50.49 48.65 0.491 times
19 Fri Jul 2024 49.75 51.66 51.98 49.60 0.653 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
16 Fri Aug 2024 53.51 54.00 64.74 52.00 5.638 times
31 Wed Jul 2024 53.06 50.52 53.50 48.65 0.367 times
28 Fri Jun 2024 51.55 56.10 57.50 50.00 0.519 times
31 Fri May 2024 55.00 71.00 71.00 51.65 0.363 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)

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 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 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 but the sell signal is initial and weak.

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 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 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 60.4 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 has given negative 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.

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 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 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 but the sell signal is initial and weak.

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 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 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 60.4 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 has given negative 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.

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Daily charts

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