(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 2024-05-30 View latest technical analysis
10 day averaged volume of Raj Oil is 6581
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 56.85 | 58.00 | 58.00 | 56.25 | 0.185 times |
| 29 Wed May 2024 | 58.60 | 60.85 | 60.85 | 57.00 | 0.904 times |
| 28 Tue May 2024 | 57.96 | 54.20 | 57.96 | 53.05 | 2.893 times |
| 27 Mon May 2024 | 55.20 | 56.50 | 56.50 | 54.42 | 0.828 times |
| 24 Fri May 2024 | 56.50 | 54.41 | 57.13 | 51.69 | 1.455 times |
| 23 Thu May 2024 | 54.41 | 55.00 | 55.00 | 53.55 | 0.692 times |
| 22 Wed May 2024 | 54.21 | 55.37 | 55.50 | 53.50 | 0.522 times |
| 21 Tue May 2024 | 55.37 | 56.43 | 56.43 | 54.01 | 0.404 times |
| 18 Sat May 2024 | 56.62 | 56.00 | 57.89 | 55.70 | 0.084 times |
| 17 Fri May 2024 | 55.49 | 53.48 | 56.05 | 53.20 | 1.401 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53.7 or till 49.7. Use a stoploss of 57.12 and if the stock hits stoploss, then it can shoot up till 60.51
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 | 56.42 |
| Upside Target | 60.85 |
| 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 | 52.98 |
| Downside Intraday Target | 49.12 |
| Upside Intraday Target | 60.78 |
| Upside Intraday Target | 64.72 |
| Upside Intraday Target | 56.92 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 56.85 | 56.50 | 60.85 | 53.05 | 1.565 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 56.85 | 71.00 | 71.00 | 51.65 | 0.361 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 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.
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Raj Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 56.56 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 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.
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Raj Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 56.56 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.
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