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 2024-03-02 View latest technical analysis

10 day averaged volume of Raj Oil is 4838

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	47.80	47.95	47.95	47.10	0.025 times
01 Fri Mar 2024	47.10	47.30	47.90	46.60	0.713 times
29 Thu Feb 2024	47.20	46.75	48.70	46.00	0.925 times
28 Wed Feb 2024	46.70	47.25	48.35	46.35	1.214 times
27 Tue Feb 2024	47.25	48.75	48.75	47.00	0.925 times
26 Mon Feb 2024	47.45	48.65	48.65	47.25	0.397 times
23 Fri Feb 2024	47.70	48.90	48.90	47.20	1.03 times
22 Thu Feb 2024	48.20	49.00	49.00	48.00	0.601 times
21 Wed Feb 2024	48.55	48.00	49.30	48.00	2.261 times
20 Tue Feb 2024	47.80	49.70	49.70	47.30	1.361 times

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	45.25
Upside Target	48.75
Upside Target	49.85
Upside Target	50.15
Upside Target	51.05
Upside Target	52.00
Upside Target	52.25
Upside Target	53.20
Upside Target	53.65

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	46.28
Downside Intraday Target	44.77
Upside Intraday Target	49.03
Upside Intraday Target	50.27
Downside Intraday Target	47.52

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	47.80	48.65	48.75	46.00	0.721 times
23 Fri Feb 2024	47.70	49.85	49.85	47.20	0.845 times
16 Fri Feb 2024	48.15	50.15	50.15	45.95	0.632 times
09 Fri Feb 2024	48.30	49.20	52.00	48.00	1.108 times
02 Fri Feb 2024	49.10	50.95	51.05	48.15	0.762 times

Price has moved up 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
02 Sat Mar 2024	47.80	47.30	47.95	46.60	0.023 times
29 Thu Feb 2024	47.20	48.20	52.00	45.95	0.51 times
31 Wed Jan 2024	49.10	48.90	53.20	46.25	2.249 times
29 Fri Dec 2023	47.55	52.25	52.25	45.60	0.472 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 47.67 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 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.