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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 2024-10-08 View latest technical analysis

10 day averaged volume of Raj Oil is 8706

Date Daily Closing Price Open High Low Volume
08 Tue Oct 2024 50.80 50.03 53.04 50.03 1.556 times
07 Mon Oct 2024 51.25 54.50 54.50 49.22 1.396 times
04 Fri Oct 2024 53.56 53.95 55.49 52.60 1.346 times
03 Thu Oct 2024 53.15 54.61 55.17 52.00 1.382 times
01 Tue Oct 2024 54.47 55.00 55.39 53.52 0.653 times
30 Mon Sep 2024 53.85 54.01 54.44 53.02 1.048 times
27 Fri Sep 2024 54.00 55.33 55.33 53.13 1.513 times
26 Thu Sep 2024 54.73 54.90 55.49 54.35 1.35 times
25 Wed Sep 2024 54.34 54.53 55.24 54.24 0.283 times
24 Tue Sep 2024 54.51 54.02 54.80 54.02 0.373 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 51.2, for a target of 53.1 or 54.61

Share price targets for Raj Oil (ROML)

Target Type Value
Downside Target 41.00
Downside Target 43.10
Downside Target 48.70
Upside Target 52.00
Upside Target 55.49
Upside Target 58.50
Upside Target 59.98
Upside Target 60.00
Upside Target 64.33
Upside Target 83.20

Intraday share price targets for Raj Oil (ROML)

Target Type Value
Downside Intraday Target 48.51
Downside Intraday Target 46.23
Upside Intraday Target 53.79
Upside Intraday Target 56.79
Upside Intraday Target 51.51

Weekly technical analysis of Raj Oil (ROML)

Date Weekly Closing Price Open High Low Volume
08 Tue Oct 2024 50.80 54.50 54.50 49.22 0.667 times
04 Fri Oct 2024 53.56 54.01 55.49 52.00 1.061 times
27 Fri Sep 2024 54.00 54.93 55.49 53.13 0.325 times
20 Fri Sep 2024 54.65 57.90 58.50 53.61 1.146 times
13 Fri Sep 2024 55.48 59.98 59.98 55.21 0.241 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
08 Tue Oct 2024 50.80 55.00 55.49 49.22 0.084 times
30 Mon Sep 2024 53.85 56.00 60.00 53.02 0.66 times
30 Fri Aug 2024 55.35 55.01 64.33 52.20 0.406 times
29 Mon Apr 2024 74.90 43.10 83.20 43.10 14.704 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls 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 and SELL signal is strong!

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 53.16 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls 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 and SELL signal is strong!

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 53.16 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 Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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