(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 2024-06-12 View latest technical analysis
10 day averaged volume of Raj Oil is 2090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 55.25 | 53.13 | 56.00 | 53.13 | 1.069 times |
| 11 Tue Jun 2024 | 54.21 | 55.50 | 55.50 | 53.90 | 1.4 times |
| 10 Mon Jun 2024 | 54.75 | 53.83 | 54.88 | 52.65 | 0.559 times |
| 07 Fri Jun 2024 | 53.84 | 50.23 | 53.84 | 50.23 | 1.379 times |
| 06 Thu Jun 2024 | 51.28 | 50.00 | 52.39 | 50.00 | 0.367 times |
| 05 Wed Jun 2024 | 50.00 | 51.90 | 53.60 | 50.00 | 0.641 times |
| 04 Tue Jun 2024 | 51.90 | 53.61 | 53.70 | 51.90 | 0.913 times |
| 03 Mon Jun 2024 | 54.60 | 56.10 | 57.50 | 53.02 | 0.895 times |
| 31 Fri May 2024 | 55.00 | 55.71 | 56.00 | 54.25 | 0.418 times |
| 30 Thu May 2024 | 56.85 | 58.00 | 58.00 | 56.25 | 0.582 times |
My analysis of stock is bullish for shortterm, and stock might move up till 56.8 or till 59.3. Use a stoploss of 54.77 and if this stock hits its stoploss, then it can fall down till 52.72
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 | 50.00 |
| Downside Target | 51.65 |
| Upside Target | 56.00 |
| Upside Target | 57.13 |
| Upside Target | 57.50 |
| Upside Target | 57.89 |
| Upside Target | 60.85 |
| Upside Target | 71.00 |
| Upside Target | 82.91 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 53.27 |
| Downside Intraday Target | 51.28 |
| Upside Intraday Target | 56.62 |
| Upside Intraday Target | 57.98 |
| Downside Intraday Target | 54.63 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 55.25 | 53.83 | 56.00 | 52.65 | 0.722 times |
| 07 Fri Jun 2024 | 53.84 | 56.10 | 57.50 | 50.00 | 0.27 times |
| 31 Fri May 2024 | 55.00 | 56.50 | 60.85 | 53.05 | 1.608 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 |
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 |
| 12 Wed Jun 2024 | 55.25 | 56.10 | 57.50 | 50.00 | 0.113 times |
| 31 Fri May 2024 | 55.00 | 71.00 | 71.00 | 51.65 | 0.363 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 |
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 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 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 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 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 in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 53.87 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 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 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 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 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 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 in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 53.87 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 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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