(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 2024-08-22 View latest technical analysis
10 day averaged volume of Raj Oil is 9896
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 53.64 | 53.60 | 54.88 | 53.49 | 0.555 times |
| 21 Wed Aug 2024 | 52.94 | 54.00 | 54.00 | 52.52 | 0.305 times |
| 20 Tue Aug 2024 | 53.47 | 53.01 | 54.17 | 51.98 | 0.349 times |
| 19 Mon Aug 2024 | 53.33 | 54.58 | 55.08 | 53.30 | 0.227 times |
| 16 Fri Aug 2024 | 53.51 | 52.43 | 54.45 | 52.40 | 0.183 times |
| 14 Wed Aug 2024 | 53.07 | 56.30 | 56.30 | 52.98 | 0.059 times |
| 13 Tue Aug 2024 | 53.94 | 59.00 | 59.90 | 52.30 | 0.724 times |
| 12 Mon Aug 2024 | 57.89 | 56.35 | 58.55 | 56.35 | 0.39 times |
| 09 Fri Aug 2024 | 56.35 | 57.15 | 60.66 | 55.73 | 0.48 times |
| 08 Thu Aug 2024 | 60.24 | 63.28 | 63.45 | 59.01 | 2.184 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51 or till 46.7. Use a stoploss of 54.54 and if the stock hits stoploss, then it can shoot up till 58.12
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 42.35 |
| Downside Target | 48.65 |
| Downside Target | 51.65 |
| Downside 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 | 52.05 |
| Downside Intraday Target | 50.47 |
| Upside Intraday Target | 55.15 |
| Upside Intraday Target | 56.67 |
| Downside Intraday Target | 53.57 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 53.64 | 54.58 | 55.08 | 51.98 | 1.059 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 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 |
| 22 Thu Aug 2024 | 53.64 | 54.00 | 64.74 | 51.98 | 6.199 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 up 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 neutral. A longer time frame might give a better analysis.
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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 56.79 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 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 neutral. A longer time frame might give a better analysis.
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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 56.79 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 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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