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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 2024-09-17 View latest technical analysis

10 day averaged volume of Raj Oil is 4388

Date Daily Closing Price Open High Low Volume
17 Tue Sep 2024 55.74 56.99 56.99 55.51 0.152 times
16 Mon Sep 2024 56.01 57.00 57.01 55.56 1.217 times
13 Fri Sep 2024 56.19 55.65 56.65 55.27 0.071 times
12 Thu Sep 2024 55.65 56.98 56.98 55.65 0.152 times
11 Wed Sep 2024 55.86 56.40 57.25 55.60 0.638 times
10 Tue Sep 2024 56.44 57.88 58.12 55.89 0.96 times
09 Mon Sep 2024 56.42 57.20 58.60 55.93 0.546 times
06 Fri Sep 2024 57.20 58.99 58.99 56.11 1.405 times
05 Thu Sep 2024 57.05 62.00 62.00 55.68 2.401 times
04 Wed Sep 2024 56.77 56.37 60.00 55.00 0.664 times

My analysis of stock is bearish for shortterm, and stock might move down till 54.9 or till 53.6. Use a stoploss of 55.87 and if the stock hits stoploss, then it can shoot up till 56.88

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
Downside Target 55.27
Upside Target 56.81
Upside Target 57.50
Upside Target 58.00
Upside Target 58.60
Upside Target 62.00
Upside Target 64.74
Upside Target 71.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 55.16
Downside Intraday Target 54.59
Upside Intraday Target 56.66
Upside Intraday Target 57.59
Upside Intraday Target 56.09

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
17 Tue Sep 2024 55.74 57.00 57.01 55.51 0.578 times
13 Fri Sep 2024 56.19 57.20 58.60 55.27 0.34 times
06 Fri Sep 2024 57.20 54.15 62.00 53.50 1.221 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

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
17 Tue Sep 2024 55.74 54.15 62.00 53.50 0.245 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong 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 green color and prices are in or below the green 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 and the buying is gaining 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 56.64 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong 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 green color and prices are in or below the green 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 and the buying is gaining 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 56.64 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 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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Daily charts

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