(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 2024-08-19 View latest technical analysis
10 day averaged volume of Raj Oil is 13691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 53.33 | 54.58 | 55.08 | 53.30 | 0.164 times |
| 16 Fri Aug 2024 | 53.51 | 52.43 | 54.45 | 52.40 | 0.132 times |
| 14 Wed Aug 2024 | 53.07 | 56.30 | 56.30 | 52.98 | 0.042 times |
| 13 Tue Aug 2024 | 53.94 | 59.00 | 59.90 | 52.30 | 0.524 times |
| 12 Mon Aug 2024 | 57.89 | 56.35 | 58.55 | 56.35 | 0.282 times |
| 09 Fri Aug 2024 | 56.35 | 57.15 | 60.66 | 55.73 | 0.347 times |
| 08 Thu Aug 2024 | 60.24 | 63.28 | 63.45 | 59.01 | 1.579 times |
| 07 Wed Aug 2024 | 64.74 | 64.59 | 64.74 | 62.73 | 3.685 times |
| 06 Tue Aug 2024 | 58.86 | 52.44 | 58.86 | 52.25 | 2.467 times |
| 05 Mon Aug 2024 | 53.51 | 56.00 | 56.00 | 52.52 | 0.284 times |
My analysis of stock is bearish for shortterm, and stock might move down till 50 or till 45.3. Use a stoploss of 54 and if the stock hits stoploss, then it can shoot up till 57.97
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 42.35 |
| Downside Target | 48.65 |
| Downside Target | 51.65 |
| Upside Target | 55.08 |
| 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 | 52.73 |
| Downside Intraday Target | 52.12 |
| Upside Intraday Target | 54.51 |
| Upside Intraday Target | 55.68 |
| Upside Intraday Target | 53.9 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 53.33 | 54.58 | 55.08 | 53.30 | 0.167 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 53.33 | 54.00 | 64.74 | 52.00 | 5.727 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 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 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 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 coming down
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 positive zone. This is a BUY 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 60.62 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 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 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 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 coming down
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 positive zone. This is a BUY 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 60.62 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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