(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 2024-09-17 View latest technical analysis
10 day averaged volume of Raj Oil is 4388
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 55.74 | 56.99 | 56.99 | 55.51 | 0.152 times |
| 16 Mon Sep 2024 | 56.01 | 57.00 | 57.01 | 55.56 | 1.217 times |
| 13 Fri Sep 2024 | 56.19 | 55.65 | 56.65 | 55.27 | 0.071 times |
| 12 Thu Sep 2024 | 55.65 | 56.98 | 56.98 | 55.65 | 0.152 times |
| 11 Wed Sep 2024 | 55.86 | 56.40 | 57.25 | 55.60 | 0.638 times |
| 10 Tue Sep 2024 | 56.44 | 57.88 | 58.12 | 55.89 | 0.96 times |
| 09 Mon Sep 2024 | 56.42 | 57.20 | 58.60 | 55.93 | 0.546 times |
| 06 Fri Sep 2024 | 57.20 | 58.99 | 58.99 | 56.11 | 1.405 times |
| 05 Thu Sep 2024 | 57.05 | 62.00 | 62.00 | 55.68 | 2.401 times |
| 04 Wed Sep 2024 | 56.77 | 56.37 | 60.00 | 55.00 | 0.664 times |
My analysis of stock is bearish for shortterm, and stock might move down till 54.9 or till 53.6. Use a stoploss of 55.87 and if the stock hits stoploss, then it can shoot up till 56.88
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 48.65 |
| Downside Target | 50.00 |
| Downside Target | 51.65 |
| Downside Target | 53.50 |
| Downside Target | 55.27 |
| Upside Target | 56.81 |
| Upside Target | 57.50 |
| Upside Target | 58.00 |
| Upside Target | 58.60 |
| Upside Target | 62.00 |
| Upside Target | 64.74 |
| Upside Target | 71.00 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 55.16 |
| Downside Intraday Target | 54.59 |
| Upside Intraday Target | 56.66 |
| Upside Intraday Target | 57.59 |
| Upside Intraday Target | 56.09 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 55.74 | 57.00 | 57.01 | 55.51 | 0.578 times |
| 13 Fri Sep 2024 | 56.19 | 57.20 | 58.60 | 55.27 | 0.34 times |
| 06 Fri Sep 2024 | 57.20 | 54.15 | 62.00 | 53.50 | 1.221 times |
| 30 Fri Aug 2024 | 55.25 | 56.80 | 58.00 | 53.86 | 1.056 times |
| 23 Fri Aug 2024 | 55.64 | 54.58 | 56.81 | 51.98 | 1.766 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 |
| 17 Tue Sep 2024 | 55.74 | 54.15 | 62.00 | 53.50 | 0.245 times |
| 30 Fri Aug 2024 | 55.25 | 54.00 | 64.74 | 51.98 | 7.559 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 56.64 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 56.64 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 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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