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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Raj Oil is 3684

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	49.90	50.00	50.06	49.21	0.666 times
22 Fri Nov 2024	49.92	50.89	50.89	49.00	1.039 times
21 Thu Nov 2024	49.89	50.88	50.88	48.10	0.271 times
19 Tue Nov 2024	49.78	49.24	50.19	48.71	0.474 times
18 Mon Nov 2024	49.24	48.11	49.87	47.76	0.651 times
14 Thu Nov 2024	48.61	50.51	50.90	48.11	1.523 times
13 Wed Nov 2024	49.44	50.20	51.24	49.01	1.47 times
12 Tue Nov 2024	49.26	51.00	51.00	48.51	0.906 times
11 Mon Nov 2024	50.08	51.00	51.00	49.80	0.216 times
08 Fri Nov 2024	50.65	50.08	50.99	50.02	0.726 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.4 or till 48.6. Use a stoploss of 50.13 and if the stock hits stoploss, then it can shoot up till 50.83

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	43.10
Downside Target	46.10
Downside Target	47.76
Upside Target	52.79
Upside Target	53.02
Upside Target	55.00
Upside Target	58.52
Upside Target	60.00
Upside Target	64.33
Upside Target	83.20

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	49.39
Downside Intraday Target	48.87
Upside Intraday Target	50.24
Upside Intraday Target	50.57
Downside Intraday Target	49.72

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	49.90	50.00	50.06	49.21	0.273 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
08 Fri Nov 2024	50.65	51.40	52.79	49.35	1.2 times
01 Fri Nov 2024	50.95	48.75	55.00	48.65	0.208 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
25 Mon Nov 2024	49.90	51.49	55.00	47.76	0.17 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
30 Fri Aug 2024	55.35	55.01	64.33	52.20	0.406 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 neutral. A longer time frame might give a better analysis.

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 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 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 losing momentum.

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

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. Bulls are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 49.51 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.