(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 2024-02-05 View latest technical analysis
10 day averaged volume of Raj Oil is 5926
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 48.48 | 48.17 | 49.79 | 47.99 | 1.237 times |
| 02 Fri Feb 2024 | 49.15 | 49.84 | 51.05 | 48.95 | 0.596 times |
| 01 Thu Feb 2024 | 49.29 | 48.15 | 51.00 | 48.15 | 0.578 times |
| 31 Wed Jan 2024 | 48.70 | 49.08 | 49.49 | 48.56 | 1.308 times |
| 30 Tue Jan 2024 | 49.08 | 49.90 | 49.99 | 48.90 | 0.813 times |
| 29 Mon Jan 2024 | 49.01 | 50.50 | 50.93 | 49.00 | 0.773 times |
| 25 Thu Jan 2024 | 49.93 | 51.19 | 51.19 | 49.00 | 1.548 times |
| 24 Wed Jan 2024 | 51.19 | 50.95 | 51.19 | 49.85 | 0.298 times |
| 23 Tue Jan 2024 | 50.17 | 51.90 | 53.00 | 49.85 | 1.75 times |
| 22 Mon Jan 2024 | 50.72 | 48.93 | 51.22 | 47.91 | 1.402 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 48.4 as stoploss in an intra day buy trade for a target of 49.24. However, stock will show a bearish move below 48.4.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 42.52 |
| Downside Target | 45.01 |
| Downside Target | 46.65 |
| Downside Target | 47.91 |
| Upside Target | 49.79 |
| Upside Target | 50.99 |
| Upside Target | 51.05 |
| Upside Target | 52.10 |
| Upside Target | 52.58 |
| Upside Target | 53.00 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 47.72 |
| Downside Intraday Target | 46.95 |
| Upside Intraday Target | 49.52 |
| Upside Intraday Target | 50.55 |
| Upside Intraday Target | 48.75 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 48.48 | 48.17 | 49.79 | 47.99 | 0.304 times |
| 02 Fri Feb 2024 | 49.15 | 50.50 | 51.05 | 48.15 | 0.814 times |
| 25 Thu Jan 2024 | 49.93 | 48.93 | 53.00 | 47.91 | 1.075 times |
| 19 Fri Jan 2024 | 48.79 | 49.15 | 50.99 | 46.65 | 0.348 times |
| 12 Fri Jan 2024 | 49.11 | 47.70 | 50.62 | 46.70 | 0.741 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 |
| 05 Mon Feb 2024 | 48.48 | 48.15 | 51.05 | 47.99 | 0.055 times |
| 31 Wed Jan 2024 | 48.70 | 46.70 | 53.00 | 45.55 | 2.847 times |
| 29 Fri Dec 2023 | 47.43 | 52.58 | 52.58 | 45.25 | 1.418 times |
| 30 Thu Nov 2023 | 50.08 | 46.19 | 52.10 | 45.01 | 1.001 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)
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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 49.57 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 49.57 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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