(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 2024-02-07 View latest technical analysis
10 day averaged volume of Raj Oil is 5435
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 48.88 | 49.15 | 50.20 | 48.31 | 1.37 times |
| 06 Tue Feb 2024 | 48.89 | 48.24 | 49.15 | 48.24 | 0.295 times |
| 05 Mon Feb 2024 | 48.48 | 48.17 | 49.79 | 47.99 | 1.348 times |
| 02 Fri Feb 2024 | 49.15 | 49.84 | 51.05 | 48.95 | 0.65 times |
| 01 Thu Feb 2024 | 49.29 | 48.15 | 51.00 | 48.15 | 0.63 times |
| 31 Wed Jan 2024 | 48.70 | 49.08 | 49.49 | 48.56 | 1.427 times |
| 30 Tue Jan 2024 | 49.08 | 49.90 | 49.99 | 48.90 | 0.886 times |
| 29 Mon Jan 2024 | 49.01 | 50.50 | 50.93 | 49.00 | 0.843 times |
| 25 Thu Jan 2024 | 49.93 | 51.19 | 51.19 | 49.00 | 1.687 times |
| 24 Wed Jan 2024 | 51.19 | 50.95 | 51.19 | 49.85 | 0.325 times |
My analysis of stock is bearish for shortterm, and stock might move down till 48.5 or till 47.6. Use a stoploss of 49.25 and if the stock hits stoploss, then it can shoot up till 50.02
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 | 50.20 |
| 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 | 47.85 |
| Downside Intraday Target | 46.81 |
| Upside Intraday Target | 50.06 |
| Upside Intraday Target | 51.23 |
| Upside Intraday Target | 49.02 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 48.88 | 48.17 | 50.20 | 47.99 | 0.679 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 |
| 07 Wed Feb 2024 | 48.88 | 48.15 | 51.05 | 47.99 | 0.09 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 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 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 to mid 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 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 gaining 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 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 49.14 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 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 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 to mid 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 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 gaining 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 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 49.14 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow