(ROML_BE) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (ROML_BE) share price targets
Complete technical analysis of Raj Oil (ROML_BE) by charts plus indicators, forecast predictions and share price targets for Raj Oil (ROML_BE)
10 day averaged volume of Raj Oil is 7388
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Fri Apr 2021||93.30||99.45||100.00||92.65||0.586 times|
|15 Thu Apr 2021||97.50||96.95||98.50||91.00||0.598 times|
|13 Tue Apr 2021||95.30||95.00||104.00||94.45||0.903 times|
|12 Mon Apr 2021||99.40||98.40||99.45||96.40||0.182 times|
|09 Fri Apr 2021||101.45||110.95||110.95||101.10||1.192 times|
|08 Thu Apr 2021||106.40||101.45||108.50||99.50||1.114 times|
|07 Wed Apr 2021||103.50||97.80||104.75||95.50||1.683 times|
|06 Tue Apr 2021||99.80||97.00||99.85||91.00||1.157 times|
|05 Mon Apr 2021||95.10||95.95||96.00||88.65||0.87 times|
|01 Thu Apr 2021||93.05||93.00||93.30||84.65||0.843 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 93.4, but if it comes above 93.4, then a intra day buy could be more profitable.
If you take a sell trade below 93.4, then use 93.4 as stoploss and 87.1 as target. However if you take a buy trade in stock , then use 93.4 as stoploss and 98.67 as target.
Share price targets for Raj Oil (ROML_BE)
Intraday share price targets for Raj Oil (ROML_BE)
|Downside Intraday Target||88.2|
|Downside Intraday Target||83.1|
|Upside Intraday Target||101.2|
|Upside Intraday Target||109.1|
|Upside Intraday Target||96.1|
Weekly technical analysis of Raj Oil (ROML_BE)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Fri Apr 2021||93.30||98.40||104.00||91.00||0.377 times|
|09 Fri Apr 2021||101.45||95.95||110.95||88.65||1.518 times|
|01 Thu Apr 2021||93.05||92.50||96.00||84.65||0.799 times|
|26 Fri Mar 2021||97.00||108.45||108.45||91.20||1.031 times|
|19 Fri Mar 2021||104.30||120.00||124.95||100.40||1.449 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_BE)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|16 Fri Apr 2021||93.30||93.00||110.95||84.65||0.382 times|
|31 Wed Mar 2021||88.90||107.20||130.25||87.60||0.492 times|
|25 Thu Feb 2021||97.25||133.55||170.35||92.50||22.562 times|
|29 Fri Jan 2021||127.20||78.25||127.20||78.25||0 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_BE)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||24, 22, 4||Buy|
Price action analysis of Raj Oil ( (ROML_BE) ) 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_BE) ) 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_BE) ) based on a short to mid 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_BE) ) based on a mid to longer 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.
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 BUY signal for Raj Oil in short term but the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 99.41 and Raj Oil (ROML_BE) 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_BE) stock. Volume based technical analysis of Raj Oil (ROML_BE) 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.