Mobile app version of munafa.org
Login or Join
 Learn then Earn

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 2024-12-13 View latest technical analysis

10 day averaged volume of Raj Oil is 56817

Date Daily Closing Price Open High Low Volume
13 Fri Dec 2024 55.26 57.49 57.50 54.99 0.134 times
12 Thu Dec 2024 56.95 59.00 59.00 56.39 0.216 times
11 Wed Dec 2024 57.82 57.99 59.70 56.55 0.448 times
10 Tue Dec 2024 57.16 61.09 61.09 56.05 0.468 times
09 Mon Dec 2024 61.09 58.74 62.00 58.10 1.404 times
06 Fri Dec 2024 58.74 57.50 67.15 56.50 6.854 times
05 Thu Dec 2024 55.96 54.33 57.79 54.33 0.188 times
04 Wed Dec 2024 55.32 55.95 56.20 54.00 0.072 times
03 Tue Dec 2024 55.95 56.10 56.70 53.11 0.076 times
02 Mon Dec 2024 55.13 56.85 56.85 52.50 0.153 times

My analysis of stock is bullish for shortterm, and stock might move up till 57.5 or till 61.8. Use a stoploss of 53.98 and if this stock hits its stoploss, then it can fall down till 50.44

Share price targets for Raj Oil (ROML)

Target Type Value
Downside Target 46.10
Downside Target 47.76
Downside Target 50.89
Downside Target 54.99
Upside Target 56.08
Upside Target 58.52
Upside Target 60.00
Upside Target 62.00
Upside Target 64.33
Upside Target 67.15

Intraday share price targets for Raj Oil (ROML)

Target Type Value
Downside Intraday Target 52.83
Downside Intraday Target 50.41
Upside Intraday Target 59.84
Upside Intraday Target 64.43
Upside Intraday Target 57.42

Weekly technical analysis of Raj Oil (ROML)

Date Weekly Closing Price Open High Low Volume
13 Fri Dec 2024 55.26 58.74 62.00 54.99 0.363 times
06 Fri Dec 2024 58.74 56.85 67.15 52.50 10.383 times
29 Fri Nov 2024 54.47 50.00 56.08 49.05 4.479 times
22 Fri Nov 2024 49.92 48.11 50.89 47.76 0.592 times
14 Thu Nov 2024 48.61 51.00 51.24 48.11 0.428 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
13 Fri Dec 2024 55.26 56.85 67.15 52.50 5.402 times
29 Fri Nov 2024 54.47 51.49 56.08 47.76 0.265 times
31 Thu Oct 2024 50.47 55.00 58.52 46.10 0.603 times
30 Mon Sep 2024 53.85 56.00 60.00 53.02 0.66 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 58.72 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.

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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 58.72 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme