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(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)

10 day averaged volume of Raj Oil is 912

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 49.60 49.37 50.03 49.00 0.314 times
18 Mon Nov 2024 48.90 49.68 49.68 48.01 0.557 times
14 Thu Nov 2024 48.71 48.52 50.86 48.50 0.649 times
13 Wed Nov 2024 49.25 51.48 51.48 49.14 1.133 times
12 Tue Nov 2024 49.40 51.99 51.99 49.01 0.935 times

My analysis of stock is bearish for shortterm, and stock might move down till 48.8 or till 47.2. Use a stoploss of 50.07 and if the stock hits stoploss, then it can shoot up till 51.36

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 47.20
Upside Target 51.99
Upside Target 52.49
Upside Target 52.97
Upside Target 53.50
Upside Target 58.40
Upside Target 62.00
Upside Target 64.74

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 48.4
Downside Intraday Target 47.19
Upside Intraday Target 50.42
Upside Intraday Target 51.23
Downside Intraday Target 49.21

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 49.60 49.68 50.03 48.01 0.291 times
14 Thu Nov 2024 48.71 51.66 51.99 48.50 0.381 times
08 Fri Nov 2024 50.71 51.67 52.97 49.15 0.964 times
01 Fri Nov 2024 50.91 49.47 52.49 49.41 0.319 times
25 Fri Oct 2024 49.46 50.11 58.40 47.20 2.2 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
19 Tue Nov 2024 49.60 51.68 52.97 48.01 0.237 times
31 Thu Oct 2024 50.83 55.30 58.40 47.20 0.672 times
30 Mon Sep 2024 54.89 54.15 62.00 51.00 0.398 times
30 Fri Aug 2024 55.25 54.00 64.74 51.98 7.559 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 17, 14, 7 Buy
MACD -2, -1Sell
Stochastics 18Sell
CCI -70Buy
RSI 52Buy
OBV -11725Sell
VWAP 50Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 50.1 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 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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