(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 2024-05-27 View latest technical analysis
10 day averaged volume of Raj Oil is 5779
Date | Daily Closing Price | Open | High | Low | Volume |
27 Mon May 2024 | 55.20 | 56.50 | 56.50 | 54.42 | 0.943 times |
24 Fri May 2024 | 56.50 | 54.41 | 57.13 | 51.69 | 1.657 times |
23 Thu May 2024 | 54.41 | 55.00 | 55.00 | 53.55 | 0.788 times |
22 Wed May 2024 | 54.21 | 55.37 | 55.50 | 53.50 | 0.595 times |
21 Tue May 2024 | 55.37 | 56.43 | 56.43 | 54.01 | 0.46 times |
18 Sat May 2024 | 56.62 | 56.00 | 57.89 | 55.70 | 0.096 times |
17 Fri May 2024 | 55.49 | 53.48 | 56.05 | 53.20 | 1.596 times |
16 Thu May 2024 | 53.39 | 55.15 | 55.15 | 52.50 | 0.929 times |
15 Wed May 2024 | 53.54 | 51.67 | 54.80 | 51.65 | 1.152 times |
14 Tue May 2024 | 52.72 | 52.79 | 53.79 | 51.82 | 1.919 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 53 as stoploss in an intra day buy trade for a target of 59.1. However, stock will show a bearish move below 53.
Share price targets for Raj Oil (RajOil)
Target Type | Value |
Downside Target | 38.56 |
Downside Target | 42.35 |
Downside Target | 45.01 |
Downside Target | 48.59 |
Downside Target | 51.65 |
Downside Target | 53.00 |
Downside Target | 54.42 |
Upside Target | 56.42 |
Upside Target | 57.89 |
Upside Target | 64.06 |
Upside Target | 65.80 |
Upside Target | 71.00 |
Upside Target | 81.89 |
Upside Target | 82.91 |
Intraday share price targets for Raj Oil (RajOil)
Target Type | Value |
Downside Intraday Target | 54.25 |
Downside Intraday Target | 53.29 |
Upside Intraday Target | 56.33 |
Upside Intraday Target | 57.45 |
Upside Intraday Target | 55.37 |
Weekly technical analysis of Raj Oil (RajOil)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Mon May 2024 | 55.20 | 56.50 | 56.50 | 54.42 | 0.269 times |
24 Fri May 2024 | 56.50 | 56.43 | 57.13 | 51.69 | 0.538 times |
18 Sat May 2024 | 56.62 | 55.57 | 57.89 | 51.65 | 1.083 times |
10 Fri May 2024 | 56.70 | 60.95 | 65.80 | 56.42 | 0.584 times |
03 Fri May 2024 | 64.12 | 81.89 | 81.89 | 64.06 | 0.219 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 |
27 Mon May 2024 | 55.20 | 71.00 | 71.00 | 51.65 | 0.289 times |
30 Tue Apr 2024 | 70.97 | 43.86 | 82.91 | 42.35 | 9.967 times |
28 Thu Mar 2024 | 43.00 | 47.53 | 48.59 | 38.56 | 0.402 times |
29 Thu Feb 2024 | 46.48 | 48.15 | 53.00 | 45.01 | 0.351 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 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 54.54 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 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 54.54 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 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 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