(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 2024-08-28 View latest technical analysis
10 day averaged volume of Raj Oil is 36392
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 55.18 | 53.20 | 57.02 | 53.20 | 2.025 times |
27 Tue Aug 2024 | 56.58 | 56.98 | 56.98 | 55.21 | 0.496 times |
26 Mon Aug 2024 | 56.35 | 57.50 | 57.50 | 55.01 | 0.856 times |
23 Fri Aug 2024 | 56.60 | 53.99 | 57.90 | 53.08 | 1.133 times |
22 Thu Aug 2024 | 53.56 | 53.99 | 54.99 | 53.00 | 0.744 times |
21 Wed Aug 2024 | 53.23 | 53.13 | 53.88 | 52.60 | 0.381 times |
20 Tue Aug 2024 | 53.13 | 53.16 | 54.79 | 52.41 | 0.759 times |
19 Mon Aug 2024 | 53.16 | 55.00 | 55.00 | 52.50 | 0.371 times |
16 Fri Aug 2024 | 53.31 | 53.00 | 53.67 | 52.52 | 0.236 times |
14 Wed Aug 2024 | 53.15 | 54.94 | 54.94 | 52.80 | 0.304 times |
Stock of Raj Oil (ROML) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 50.9 or till 41.3. Use a stoploss of 58.93 and if the stock hits stoploss, then it can shoot up till 66.96
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 | 52.00 |
Upside Target | 57.50 |
Upside Target | 57.90 |
Upside Target | 60.13 |
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 | 53.09 |
Downside Intraday Target | 50.99 |
Upside Intraday Target | 57.39 |
Upside Intraday Target | 59.59 |
Upside Intraday Target | 55.29 |
Weekly technical analysis of Raj Oil (ROML)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 55.18 | 57.50 | 57.50 | 53.20 | 0.997 times |
23 Fri Aug 2024 | 56.60 | 55.00 | 57.90 | 52.41 | 0.589 times |
16 Fri Aug 2024 | 53.31 | 59.70 | 60.13 | 52.52 | 0.521 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 |
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 |
28 Wed Aug 2024 | 55.18 | 55.01 | 64.33 | 52.20 | 0.349 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 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 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 losing momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell 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 stronger in this stock.
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 and the buying is gaining 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 54.91 and Raj Oil (ROML) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 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 losing momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell 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 stronger in this stock.
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 and the buying is gaining 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 54.91 and Raj Oil (ROML) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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Daily charts
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