(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 2024-03-05 View latest technical analysis
10 day averaged volume of Raj Oil is 3723
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 47.07 | 48.14 | 48.14 | 46.63 | 0.182 times |
04 Mon Mar 2024 | 47.01 | 47.99 | 47.99 | 46.56 | 0.203 times |
01 Fri Mar 2024 | 46.81 | 47.53 | 47.53 | 46.81 | 0.016 times |
29 Thu Feb 2024 | 46.48 | 48.00 | 48.00 | 46.35 | 1.768 times |
28 Wed Feb 2024 | 47.05 | 48.11 | 48.11 | 46.31 | 0.592 times |
27 Tue Feb 2024 | 47.17 | 47.46 | 48.81 | 47.00 | 2.746 times |
26 Mon Feb 2024 | 47.42 | 48.58 | 48.58 | 47.22 | 1.285 times |
23 Fri Feb 2024 | 47.63 | 48.79 | 49.00 | 47.06 | 1.387 times |
22 Thu Feb 2024 | 48.24 | 53.00 | 53.00 | 45.01 | 0.236 times |
21 Wed Feb 2024 | 48.37 | 46.85 | 49.03 | 46.85 | 1.737 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 47 as stoploss in an intra day buy trade for a target of 47.62. However, stock will show a bearish move below 47.
Share price targets for Raj Oil (RajOil)
Target Type | Value |
Downside Target | 45.01 |
Upside Target | 47.80 |
Upside Target | 48.14 |
Upside Target | 48.81 |
Upside Target | 50.20 |
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 | 46.37 |
Downside Intraday Target | 45.68 |
Upside Intraday Target | 47.95 |
Upside Intraday Target | 48.84 |
Upside Intraday Target | 47.26 |
Weekly technical analysis of Raj Oil (RajOil)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 47.07 | 47.99 | 48.14 | 46.56 | 0.06 times |
01 Fri Mar 2024 | 46.81 | 48.58 | 48.81 | 46.31 | 1.634 times |
23 Fri Feb 2024 | 47.63 | 48.44 | 53.00 | 45.01 | 0.564 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 |
Price has moved up 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 Tue Mar 2024 | 47.07 | 47.53 | 48.14 | 46.56 | 0.016 times |
29 Thu Feb 2024 | 46.48 | 48.15 | 53.00 | 45.01 | 0.351 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 |
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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 47.36 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 47.36 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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