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 2025-02-21 View latest technical analysis

10 day averaged volume of Raj Oil is 3722

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	48.77	49.72	49.95	48.71	0.097 times
20 Thu Feb 2025	49.71	49.90	49.90	48.61	0.423 times
19 Wed Feb 2025	48.48	47.64	48.50	47.43	0.358 times
18 Tue Feb 2025	46.65	47.56	48.97	46.49	2.169 times
17 Mon Feb 2025	47.56	47.30	48.95	47.30	0.272 times
14 Fri Feb 2025	47.54	49.23	49.99	47.01	1.339 times
13 Thu Feb 2025	49.17	52.90	52.90	49.00	0.542 times
12 Wed Feb 2025	50.14	50.15	51.39	48.06	1.725 times
11 Tue Feb 2025	50.39	49.31	50.98	49.00	1.362 times
10 Mon Feb 2025	49.52	51.41	51.59	49.20	1.109 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48.3 as stoploss in an intra day buy trade for a target of 50.06. However, stock will show a bearish move below 48.3.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Upside Target	49.95
Upside Target	52.90
Upside Target	54.00
Upside Target	55.86
Upside Target	56.08
Upside Target	58.52
Upside Target	58.80
Upside Target	60.36
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	46.86
Downside Intraday Target	44.94
Upside Intraday Target	50.32
Upside Intraday Target	51.86
Downside Intraday Target	48.4

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	48.77	47.30	49.95	46.49	0.546 times
14 Fri Feb 2025	47.54	51.41	52.90	47.01	2.083 times
07 Fri Feb 2025	51.65	52.10	54.00	50.78	0.25 times
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

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
21 Fri Feb 2025	48.77	52.10	54.00	46.49	0.088 times
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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 coming down

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

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 48.7 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.