(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 2024-02-22 View latest technical analysis
10 day averaged volume of Raj Oil is 3827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 48.24 | 53.00 | 53.00 | 45.01 | 0.229 times |
| 21 Wed Feb 2024 | 48.37 | 46.85 | 49.03 | 46.85 | 1.69 times |
| 20 Tue Feb 2024 | 47.81 | 47.67 | 47.83 | 47.67 | 0.031 times |
| 19 Mon Feb 2024 | 47.67 | 48.44 | 48.49 | 47.65 | 0.514 times |
| 16 Fri Feb 2024 | 48.57 | 48.34 | 48.93 | 47.40 | 0.638 times |
| 15 Thu Feb 2024 | 47.39 | 47.56 | 48.29 | 47.25 | 2.066 times |
| 14 Wed Feb 2024 | 47.85 | 46.75 | 48.25 | 46.75 | 0.671 times |
| 13 Tue Feb 2024 | 47.70 | 51.50 | 51.50 | 45.85 | 1.853 times |
| 12 Mon Feb 2024 | 47.33 | 49.98 | 49.98 | 47.15 | 1.532 times |
| 09 Fri Feb 2024 | 48.05 | 49.44 | 49.44 | 47.95 | 0.377 times |
My analysis of stock is bearish for shortterm, and stock might move down till 47.7 or till 46.9. Use a stoploss of 48.42 and if the stock hits stoploss, then it can shoot up till 49.1
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 42.52 |
| Downside Target | 45.01 |
| Downside Target | 47.80 |
| Upside Target | 50.20 |
| Upside Target | 51.05 |
| Upside Target | 51.50 |
| 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 | 44.5 |
| Downside Intraday Target | 40.76 |
| Upside Intraday Target | 52.49 |
| Upside Intraday Target | 56.74 |
| Upside Intraday Target | 48.75 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 48.24 | 48.44 | 53.00 | 45.01 | 0.364 times |
| 16 Fri Feb 2024 | 48.57 | 49.98 | 51.50 | 45.85 | 1.279 times |
| 09 Fri Feb 2024 | 48.05 | 48.17 | 50.20 | 47.80 | 0.839 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 |
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 |
| 22 Thu Feb 2024 | 48.24 | 48.15 | 53.00 | 45.01 | 0.24 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 47.79 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 47.79 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 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 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.
Click here for further forecast and predictions for tomorrow