(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 2024-06-21 View latest technical analysis
10 day averaged volume of Raj Oil is 4919
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 53.10 | 53.99 | 54.99 | 53.10 | 0.449 times |
| 20 Thu Jun 2024 | 53.83 | 53.02 | 53.90 | 53.02 | 0.158 times |
| 19 Wed Jun 2024 | 54.10 | 54.40 | 55.42 | 53.65 | 0.51 times |
| 18 Tue Jun 2024 | 55.55 | 53.01 | 55.67 | 51.00 | 4.975 times |
| 14 Fri Jun 2024 | 53.24 | 55.25 | 55.25 | 53.20 | 1.164 times |
| 13 Thu Jun 2024 | 53.24 | 55.25 | 55.25 | 53.20 | 1.164 times |
| 12 Wed Jun 2024 | 55.25 | 53.13 | 56.00 | 53.13 | 0.454 times |
| 11 Tue Jun 2024 | 54.21 | 55.50 | 55.50 | 53.90 | 0.595 times |
| 10 Mon Jun 2024 | 54.75 | 53.83 | 54.88 | 52.65 | 0.238 times |
| 07 Fri Jun 2024 | 53.84 | 50.23 | 53.84 | 50.23 | 0.586 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 52.4 as stoploss in an intra day buy trade for a target of 54.45. However, stock will show a bearish move below 52.4.
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 | 51.00 |
| Upside Target | 55.67 |
| Upside Target | 57.13 |
| Upside Target | 57.50 |
| 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 | 50.84 |
| Downside Intraday Target | 48.59 |
| Upside Intraday Target | 55.51 |
| Upside Intraday Target | 57.93 |
| Upside Intraday Target | 53.26 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 53.10 | 53.01 | 55.67 | 51.00 | 1.685 times |
| 14 Fri Jun 2024 | 53.24 | 53.83 | 56.00 | 52.65 | 2.028 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 |
Price has moved down 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 |
| 21 Fri Jun 2024 | 53.10 | 56.10 | 57.50 | 50.00 | 0.425 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 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 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 SELL. 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.
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 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 buy signal for Raj Oil in short term but BUY signal is weak.
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 54.62 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 is giving positive 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 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 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 SELL. 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.
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 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 buy signal for Raj Oil in short term but BUY signal is weak.
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 54.62 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 is giving positive 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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