(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 2024-08-21 View latest technical analysis
10 day averaged volume of Raj Oil is 12972
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 52.94 | 54.00 | 54.00 | 52.52 | 0.233 times |
| 20 Tue Aug 2024 | 53.47 | 53.01 | 54.17 | 51.98 | 0.267 times |
| 19 Mon Aug 2024 | 53.33 | 54.58 | 55.08 | 53.30 | 0.173 times |
| 16 Fri Aug 2024 | 53.51 | 52.43 | 54.45 | 52.40 | 0.139 times |
| 14 Wed Aug 2024 | 53.07 | 56.30 | 56.30 | 52.98 | 0.045 times |
| 13 Tue Aug 2024 | 53.94 | 59.00 | 59.90 | 52.30 | 0.553 times |
| 12 Mon Aug 2024 | 57.89 | 56.35 | 58.55 | 56.35 | 0.298 times |
| 09 Fri Aug 2024 | 56.35 | 57.15 | 60.66 | 55.73 | 0.366 times |
| 08 Thu Aug 2024 | 60.24 | 63.28 | 63.45 | 59.01 | 1.666 times |
| 07 Wed Aug 2024 | 64.74 | 64.59 | 64.74 | 62.73 | 3.89 times |
My analysis of stock is bearish for shortterm, and stock might move down till 50.6 or till 46.2. Use a stoploss of 54.36 and if the stock hits stoploss, then it can shoot up till 58.08
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 42.35 |
| Downside Target | 48.65 |
| Downside Target | 51.65 |
| Upside Target | 53.50 |
| Upside Target | 55.08 |
| Upside Target | 57.50 |
| Upside Target | 57.88 |
| Upside Target | 59.90 |
| Upside Target | 64.74 |
| Upside Target | 71.00 |
| Upside Target | 82.91 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 51.59 |
| Downside Intraday Target | 50.23 |
| Upside Intraday Target | 54.69 |
| Upside Intraday Target | 56.43 |
| Upside Intraday Target | 53.33 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 52.94 | 54.58 | 55.08 | 51.98 | 0.65 times |
| 16 Fri Aug 2024 | 53.51 | 56.35 | 59.90 | 52.30 | 0.117 times |
| 09 Fri Aug 2024 | 56.35 | 56.00 | 64.74 | 52.25 | 5.896 times |
| 02 Fri Aug 2024 | 55.37 | 50.40 | 57.88 | 49.39 | 8.11 times |
| 26 Fri Jul 2024 | 50.40 | 49.90 | 50.49 | 48.65 | 0.491 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 |
| 21 Wed Aug 2024 | 52.94 | 54.00 | 64.74 | 51.98 | 5.982 times |
| 31 Wed Jul 2024 | 53.06 | 50.52 | 53.50 | 48.65 | 0.367 times |
| 28 Fri Jun 2024 | 51.55 | 56.10 | 57.50 | 50.00 | 0.519 times |
| 31 Fri May 2024 | 55.00 | 71.00 | 71.00 | 51.65 | 0.363 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Raj Oil stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 61.02 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Raj Oil stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 61.02 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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