(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 2024-09-02 View latest technical analysis
10 day averaged volume of Raj Oil is 4870
Date | Daily Closing Price | Open | High | Low | Volume |
02 Mon Sep 2024 | 55.67 | 54.15 | 57.03 | 54.15 | 0.488 times |
30 Fri Aug 2024 | 55.25 | 56.70 | 56.70 | 55.23 | 0.533 times |
29 Thu Aug 2024 | 56.70 | 55.26 | 58.00 | 53.95 | 1.2 times |
28 Wed Aug 2024 | 55.93 | 55.08 | 56.90 | 53.86 | 0.715 times |
27 Tue Aug 2024 | 56.20 | 55.62 | 57.22 | 55.55 | 1.143 times |
26 Mon Aug 2024 | 56.73 | 56.80 | 58.00 | 55.15 | 1.545 times |
23 Fri Aug 2024 | 55.64 | 54.60 | 56.81 | 53.33 | 1.947 times |
22 Thu Aug 2024 | 53.64 | 53.60 | 54.88 | 53.49 | 1.128 times |
21 Wed Aug 2024 | 52.94 | 54.00 | 54.00 | 52.52 | 0.62 times |
20 Tue Aug 2024 | 53.47 | 53.01 | 54.17 | 51.98 | 0.71 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53 or till 49.6. Use a stoploss of 55.88 and if the stock hits stoploss, then it can shoot up till 58.72
Share price targets for Raj Oil (RajOil)
Target Type | Value |
Downside Target | 48.65 |
Downside Target | 50.00 |
Downside Target | 51.65 |
Downside Target | 53.50 |
Upside Target | 56.81 |
Upside Target | 57.03 |
Upside Target | 57.50 |
Upside Target | 58.00 |
Upside Target | 59.90 |
Upside Target | 64.74 |
Upside Target | 71.00 |
Intraday share price targets for Raj Oil (RajOil)
Target Type | Value |
Downside Intraday Target | 54.2 |
Downside Intraday Target | 52.74 |
Upside Intraday Target | 57.08 |
Upside Intraday Target | 58.5 |
Downside Intraday Target | 55.62 |
Weekly technical analysis of Raj Oil (RajOil)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Mon Sep 2024 | 55.67 | 54.15 | 57.03 | 54.15 | 0.095 times |
30 Fri Aug 2024 | 55.25 | 56.80 | 58.00 | 53.86 | 1.056 times |
23 Fri Aug 2024 | 55.64 | 54.58 | 56.81 | 51.98 | 1.766 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 |
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 |
02 Mon Sep 2024 | 55.67 | 54.15 | 57.03 | 54.15 | 0.012 times |
30 Fri Aug 2024 | 55.25 | 54.00 | 64.74 | 51.98 | 7.559 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 |
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 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 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 BUY signal for Raj Oil in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Raj Oil in short term but SELL signal is weak.
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 55.45 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 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 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 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 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 BUY signal for Raj Oil in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Raj Oil in short term but SELL signal is weak.
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 55.45 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 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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