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(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 2024-03-27 View latest technical analysis

10 day averaged volume of Raj Oil is 12032

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	43.50	45.80	45.80	42.30	1.263 times
26 Tue Mar 2024	44.65	45.80	45.80	44.20	1.156 times
22 Fri Mar 2024	45.85	44.00	48.10	44.00	6.095 times
21 Thu Mar 2024	43.75	46.55	46.60	42.65	0.459 times
20 Wed Mar 2024	43.55	43.05	44.00	42.20	0.404 times
19 Tue Mar 2024	42.20	43.35	43.55	41.50	0.324 times
18 Mon Mar 2024	43.35	42.35	43.95	42.35	0.239 times
15 Fri Mar 2024	43.55	43.45	44.40	43.25	0.042 times
14 Thu Mar 2024	43.45	42.10	44.50	41.00	0.547 times
13 Wed Mar 2024	43.50	44.80	45.95	42.50	0.511 times

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	41.00
Upside Target	45.05
Upside Target	47.00
Upside Target	48.10
Upside Target	48.70
Upside Target	48.75
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	41.93
Downside Intraday Target	40.37
Upside Intraday Target	45.43
Upside Intraday Target	47.37
Upside Intraday Target	43.87

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	43.50	45.80	45.80	42.30	0.322 times
22 Fri Mar 2024	45.85	42.35	48.10	41.50	4.171 times
15 Fri Mar 2024	43.55	47.00	47.00	41.00	1.33 times
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

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
27 Wed Mar 2024	43.50	47.30	48.70	41.00	1.057 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Raj Oil ( (ROML) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.

Raj Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 but SELL 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

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 44.89 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.