(ROML) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (ROML) share price targets
Complete technical analysis of Raj Oil (ROML) by charts plus indicators, forecast predictions and share price targets for Raj Oil (ROML)
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Raj Oil is 3816
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 46.00 | 48.70 | 48.70 | 45.05 | 0.905 times |
06 Wed Mar 2024 | 45.90 | 46.30 | 46.70 | 45.40 | 1.208 times |
05 Tue Mar 2024 | 47.00 | 48.00 | 48.00 | 46.65 | 1.016 times |
04 Mon Mar 2024 | 47.45 | 47.85 | 48.20 | 46.55 | 1.146 times |
02 Sat Mar 2024 | 47.80 | 47.95 | 47.95 | 47.10 | 0.032 times |
01 Fri Mar 2024 | 47.10 | 47.30 | 47.90 | 46.60 | 0.904 times |
29 Thu Feb 2024 | 47.20 | 46.75 | 48.70 | 46.00 | 1.172 times |
28 Wed Feb 2024 | 46.70 | 47.25 | 48.35 | 46.35 | 1.539 times |
27 Tue Feb 2024 | 47.25 | 48.75 | 48.75 | 47.00 | 1.173 times |
26 Mon Feb 2024 | 47.45 | 48.65 | 48.65 | 47.25 | 0.503 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 46, for a target of 46.8 or 47.41
Share price targets for Raj Oil (ROML)
Target Type | Value |
Downside Target | 45.05 |
Upside Target | 47.20 |
Upside Target | 48.70 |
Upside Target | 48.75 |
Upside Target | 49.85 |
Upside Target | 50.15 |
Upside Target | 52.00 |
Upside Target | 52.25 |
Upside Target | 53.20 |
Upside Target | 53.65 |
Intraday share price targets for Raj Oil (ROML)
Target Type | Value |
Downside Intraday Target | 44.47 |
Downside Intraday Target | 42.93 |
Upside Intraday Target | 48.12 |
Upside Intraday Target | 50.23 |
Upside Intraday Target | 46.58 |
Weekly technical analysis of Raj Oil (ROML)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 46.00 | 47.85 | 48.70 | 45.05 | 0.803 times |
02 Sat Mar 2024 | 47.80 | 48.65 | 48.75 | 46.00 | 0.721 times |
23 Fri Feb 2024 | 47.70 | 49.85 | 49.85 | 47.20 | 0.845 times |
16 Fri Feb 2024 | 48.15 | 50.15 | 50.15 | 45.95 | 0.632 times |
09 Fri Feb 2024 | 48.30 | 49.20 | 52.00 | 48.00 | 1.108 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 (ROML)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 46.00 | 47.30 | 48.70 | 45.05 | 0.13 times |
29 Thu Feb 2024 | 47.20 | 48.20 | 52.00 | 45.95 | 0.51 times |
31 Wed Jan 2024 | 49.10 | 48.90 | 53.20 | 46.25 | 2.249 times |
29 Fri Dec 2023 | 47.55 | 52.25 | 52.25 | 45.60 | 0.472 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 (ROML)
Price action analysis of Raj Oil ( (ROML) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Raj Oil ( (ROML) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (ROML) ) 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 ( (ROML) ) 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 losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
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 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 46.86 and Raj Oil (ROML) 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 (ROML) stock. Volume based technical analysis of Raj Oil (ROML) 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.
Price action analysis of Raj Oil ( (ROML) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Raj Oil ( (ROML) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (ROML) ) 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 ( (ROML) ) 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 losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
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 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 46.86 and Raj Oil (ROML) 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 (ROML) stock. Volume based technical analysis of Raj Oil (ROML) 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.
Click here for further forecast and predictions for tomorrow
Daily charts
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