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 2025-01-31 View latest technical analysis

10 day averaged volume of Raj Oil is 11285

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	50.58	50.70	52.00	49.70	0.373 times
30 Thu Jan 2025	50.56	50.64	50.88	50.02	0.523 times
29 Wed Jan 2025	49.92	49.48	51.04	48.32	0.755 times
28 Tue Jan 2025	49.48	52.98	53.59	48.51	0.959 times
27 Mon Jan 2025	51.98	55.86	55.86	51.60	1.231 times
24 Fri Jan 2025	54.69	57.20	57.20	54.00	1.163 times
23 Thu Jan 2025	56.06	55.68	56.75	54.32	1.05 times
22 Wed Jan 2025	54.79	57.45	58.80	54.25	1.808 times
21 Tue Jan 2025	56.61	55.89	58.70	54.22	0.609 times
20 Mon Jan 2025	54.46	55.50	56.57	54.01	0.293 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.4, but if it comes above 51.4, then a intra day buy could be more profitable.
If you take a sell trade below 51.4, then use 51.4 as stoploss and 48.1 as target. However if you take a buy trade in stock , then use 51.4 as stoploss and 54.09 as target.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	50.55
Upside Target	52.52
Upside Target	55.86
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	47.31
Downside Intraday Target	44.05
Upside Intraday Target	54.85
Upside Intraday Target	59.13
Upside Intraday Target	51.59

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	50.58	55.86	55.86	48.32	0.78 times
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

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
31 Fri Jan 2025	50.58	52.66	60.36	48.32	0.813 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 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 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 BUY. Signal strength is Weak 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 moving up

CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 53.22 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.