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(CRUDEOIL) Crude Oil complete technical analysis [charts+indicators] | Buy/Sell Crude Oil | (CRUDEOIL) share price targets

Complete technical analysis of Crude Oil (CRUDEOIL) by charts plus indicators, forecast predictions and share price targets for Crude Oil (CRUDEOIL)

Crude Oil trades in COMMODITY in ENERGY sector.

Showing technical analysis as on 2023-11-27 View latest technical analysis

10 day averaged volume of Crude Oil is 16984

Date Daily Closing Price Open High Low Volume
27 Mon Nov 2023 6267.00 6324.00 6367.00 6156.00 0.844 times
24 Fri Nov 2023 6345.00 6382.00 6436.00 6330.00 0.723 times
23 Thu Nov 2023 6374.00 6357.00 6408.00 6287.00 0.804 times
22 Wed Nov 2023 6363.00 6471.00 6506.00 6170.00 2.171 times
21 Tue Nov 2023 6468.00 6500.00 6500.00 6420.00 0.735 times
20 Mon Nov 2023 6543.00 6389.00 6548.00 6373.00 0.987 times
17 Fri Nov 2023 6319.00 6113.00 6307.00 6070.00 0.29 times
16 Thu Nov 2023 6026.00 6344.00 6378.00 6000.00 0.49 times
15 Wed Nov 2023 6424.00 6524.00 6548.00 6393.00 1.336 times
14 Tue Nov 2023 6508.00 6526.00 6616.00 6480.00 1.068 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6276, but if it comes above 6276, then a intra day buy could be more profitable.
If you take a sell trade below 6276, then use 6276 as stoploss and 6022.6 as target. However if you take a buy trade in stock , then use 6276 as stoploss and 6487.05 as target.

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 5734.00
Downside Target 6000.00
Downside Target 6156.00
Upside Target 6770.00
Upside Target 6849.00
Upside Target 6910.00
Upside Target 6964.00
Upside Target 7028.00
Upside Target 7067.00
Upside Target 7528.00
Upside Target 7884.00

Intraday share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Intraday Target 6159.67
Downside Intraday Target 6052.33
Upside Intraday Target 6370.67
Upside Intraday Target 6474.33
Downside Intraday Target 6263.33

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
27 Mon Nov 2023 6267.00 6324.00 6367.00 6156.00 0.156 times
24 Fri Nov 2023 6345.00 6389.00 6548.00 6170.00 1.183 times
17 Fri Nov 2023 6319.00 6392.00 6616.00 6000.00 0.619 times
10 Fri Nov 2023 6470.00 6736.00 6849.00 6263.00 0.771 times
03 Fri Nov 2023 6696.00 7051.00 7067.00 6680.00 1.283 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 Crude Oil (CRUDEOIL)

Date Monthly Closing Price Open High Low Volume
27 Mon Nov 2023 6267.00 6782.00 6964.00 6000.00 0.678 times
31 Tue Oct 2023 6782.00 7506.00 7528.00 6770.00 1.33 times
29 Fri Sep 2023 7542.00 6916.00 7884.00 6910.00 0.889 times
31 Thu Aug 2023 6871.00 6706.00 7028.00 6425.00 0.87 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 Crude Oil (CRUDEOIL)

Price action analysis of Crude Oil ( (CRUDEOIL) ) 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 Crude Oil ( (CRUDEOIL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) 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 Crude Oil ( (CRUDEOIL) ) 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 Crude Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Crude 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 tired and bears 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 Crude Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Crude 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 6387.13 and Crude Oil (CRUDEOIL) 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 Crude Oil (CRUDEOIL) stock. Volume based technical analysis of Crude Oil (CRUDEOIL) stock is negative.

Crude 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.

Price action analysis of Crude Oil ( (CRUDEOIL) ) 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 Crude Oil ( (CRUDEOIL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) 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 Crude Oil ( (CRUDEOIL) ) 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 Crude Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Crude 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 tired and bears 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 Crude Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Crude 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 6387.13 and Crude Oil (CRUDEOIL) 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 Crude Oil (CRUDEOIL) stock. Volume based technical analysis of Crude Oil (CRUDEOIL) stock is negative.

Crude 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.

Click here for Crude Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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