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 2025-01-24 View latest technical analysis

10 day averaged volume of Raj Oil is 24753

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	54.69	57.20	57.20	54.00	0.53 times
23 Thu Jan 2025	56.06	55.68	56.75	54.32	0.479 times
22 Wed Jan 2025	54.79	57.45	58.80	54.25	0.824 times
21 Tue Jan 2025	56.61	55.89	58.70	54.22	0.278 times
20 Mon Jan 2025	54.46	55.50	56.57	54.01	0.134 times
17 Fri Jan 2025	55.49	54.01	56.00	53.81	0.733 times
16 Thu Jan 2025	53.79	55.50	59.51	53.00	3.037 times
15 Wed Jan 2025	53.61	54.50	55.39	52.91	0.503 times
14 Tue Jan 2025	53.10	52.00	59.33	51.81	2.651 times
13 Mon Jan 2025	52.01	53.20	54.19	50.55	0.767 times

My analysis of stock is bearish for shortterm, and stock might move down till 52.7 or till 50.1. Use a stoploss of 54.96 and if the stock hits stoploss, then it can shoot up till 57.18

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	50.55
Downside Target	52.52
Upside Target	58.52
Upside Target	58.80
Upside Target	59.51
Upside Target	59.95
Upside Target	60.00
Upside Target	60.36
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	52.86
Downside Intraday Target	51.03
Upside Intraday Target	57.66
Upside Intraday Target	60.63
Upside Intraday Target	55.83

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	54.69	55.50	58.80	54.00	0.292 times
17 Fri Jan 2025	55.49	53.20	59.51	50.55	2.147 times
10 Fri Jan 2025	53.21	58.95	59.95	52.52	0.598 times
03 Fri Jan 2025	59.04	51.86	60.36	51.21	5.982 times
27 Fri Dec 2024	51.86	52.15	55.00	51.21	0.667 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
24 Fri Jan 2025	54.69	52.66	60.36	50.55	0.745 times
31 Tue Dec 2024	52.66	56.85	67.15	51.21	6.062 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

Scroll below to view daily charts

Price has moved up 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

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

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 53.91 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.