Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-12 View latest technical analysis

10 day averaged volume of Raj Oil is 268483

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	57.54	59.70	59.90	56.00	0.067 times
09 Fri Aug 2024	56.44	59.00	61.80	55.50	0.233 times
08 Thu Aug 2024	60.44	64.33	64.33	59.00	0.469 times
07 Wed Aug 2024	64.33	64.33	64.33	62.00	0.543 times
06 Tue Aug 2024	58.49	54.18	58.49	54.17	0.192 times
05 Mon Aug 2024	53.18	55.01	55.07	52.20	0.061 times
29 Mon Apr 2024	74.90	78.00	81.15	73.05	0.641 times
26 Fri Apr 2024	79.65	78.15	83.20	75.65	5.68 times
25 Thu Apr 2024	75.65	73.00	75.65	72.15	1.584 times
24 Wed Apr 2024	63.05	52.20	63.05	51.80	0.518 times

My analysis of stock is bullish for shortterm, and stock might move up till 66.7 or till 78.1. Use a stoploss of 57.19 and if this stock hits its stoploss, then it can fall down till 47.68

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	41.00
Downside Target	43.10
Downside Target	45.95
Downside Target	48.70
Downside Target	50.50
Downside Target	52.00
Downside Target	56.00
Upside Target	59.90
Upside Target	64.33
Upside Target	73.05
Upside Target	81.15
Upside Target	83.20

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	55.73
Downside Intraday Target	53.91
Upside Intraday Target	59.63
Upside Intraday Target	61.71
Upside Intraday Target	57.81

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	57.54	59.70	59.90	56.00	0.045 times
09 Fri Aug 2024	56.44	55.01	64.33	52.20	2.334 times
29 Mon Apr 2024	74.90	78.00	81.15	73.05	0.08 times
26 Fri Apr 2024	79.65	52.90	83.20	50.50	45.492 times
19 Fri Apr 2024	50.90	47.75	53.45	46.20	1.884 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 (ROML)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	57.54	55.01	64.33	52.20	0.171 times
29 Mon Apr 2024	74.90	43.10	83.20	43.10	14.704 times
28 Thu Mar 2024	42.95	47.30	48.70	41.00	1.098 times
29 Thu Feb 2024	47.20	48.20	52.00	45.95	0.51 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raj Oil ( (ROML) ) based on a short to mid 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 mid to longer 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.

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 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 red color and prices are below the red cloud Prices appear to be moving up

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 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 74.86 and Raj Oil (ROML) 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 (ROML) stock. Volume based technical analysis of Raj Oil (ROML) 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.