(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)
10 day averaged volume of Raj Oil is 7812
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Fri Jun 2021||93.95||92.15||95.55||92.15||0.889 times|
|17 Thu Jun 2021||93.70||95.75||97.90||93.05||0.205 times|
|16 Wed Jun 2021||93.00||94.05||94.65||92.75||0.61 times|
|15 Tue Jun 2021||94.85||93.10||98.95||93.10||0.866 times|
|14 Mon Jun 2021||96.90||97.00||97.75||92.00||0.651 times|
|11 Fri Jun 2021||96.55||97.75||98.40||90.10||1.335 times|
|10 Thu Jun 2021||98.00||99.90||99.90||93.50||1.188 times|
|09 Wed Jun 2021||96.80||100.00||101.00||94.55||0.615 times|
|08 Tue Jun 2021||98.95||105.00||105.00||98.00||0.646 times|
|07 Mon Jun 2021||98.00||96.00||99.90||92.00||0.986 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 93.7 as stoploss in an intra day buy trade for a target of 99.71. However, stock will show a bearish move below 93.7.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||90.98|
|Downside Intraday Target||88.02|
|Upside Intraday Target||97.93|
|Upside Intraday Target||101.92|
|Upside Intraday Target||94.97|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Fri Jun 2021||93.95||97.00||98.95||92.00||0.675 times|
|11 Fri Jun 2021||96.55||96.00||105.00||90.10||0.816 times|
|04 Fri Jun 2021||92.00||105.00||106.90||91.40||0.771 times|
|28 Fri May 2021||108.15||109.00||116.30||102.60||2.676 times|
|21 Fri May 2021||104.20||96.00||104.20||90.15||1.315 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|
|18 Fri Jun 2021||93.95||103.45||105.00||90.10||0.718 times|
|31 Mon May 2021||103.45||110.70||116.95||88.05||1.377 times|
|30 Fri Apr 2021||106.10||93.40||109.95||85.05||0.586 times|
|31 Wed Mar 2021||89.90||119.60||138.35||87.20||0.861 times|
Scroll below to view daily charts
Price has moved down 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||19, 20, 3||Sell|
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 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
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 and the sell signal is strong.
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 in or above 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 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 96.37 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.