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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 2024-03-26 View latest technical analysis

10 day averaged volume of Crude Oil is 14617

Date Daily Closing Price Open High Low Volume
26 Tue Mar 2024 6817.00 6831.00 6859.00 6790.00 0.81 times
25 Mon Mar 2024 6824.00 6744.00 6874.00 6742.00 0.735 times
22 Fri Mar 2024 6746.00 6715.00 6803.00 6705.00 0.667 times
21 Thu Mar 2024 6733.00 6763.00 6814.00 6690.00 0.682 times
20 Wed Mar 2024 6748.00 6859.00 6872.00 6731.00 0.909 times
19 Tue Mar 2024 6923.00 6840.00 6955.00 6830.00 0.18 times
18 Mon Mar 2024 6844.00 6732.00 6855.00 6725.00 0.508 times
15 Fri Mar 2024 6720.00 6727.00 6745.00 6670.00 1.215 times
14 Thu Mar 2024 6742.00 6609.00 6766.00 6598.00 1.683 times
13 Wed Mar 2024 6579.00 6460.00 6593.00 6434.00 1.635 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6788.7, but if it comes below 6788.7, then a intra day sell could be more profitable.
If you take a sell trade below 6788.7, then use 6788.7 as stoploss and 6642.95 as target. However if you take a buy trade in stock , then use 6788.7 as stoploss and 6963.7 as target.

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 5658.00
Downside Target 5796.00
Downside Target 5952.00
Downside Target 6301.00
Downside Target 6690.00
Downside Target 6694.00
Downside Target 6742.00
Downside Target 6766.00
Upside Target 6874.00
Upside Target 6955.00
Upside Target 6964.00

Intraday share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Intraday Target 6748
Downside Intraday Target 6679
Upside Intraday Target 6880
Upside Intraday Target 6943
Downside Intraday Target 6811

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
26 Tue Mar 2024 6817.00 6744.00 6874.00 6742.00 0.524 times
22 Fri Mar 2024 6746.00 6732.00 6955.00 6690.00 0.35 times
15 Fri Mar 2024 6720.00 6428.00 6766.00 6367.00 1.034 times
08 Fri Mar 2024 6459.00 6633.00 6671.00 6427.00 1.399 times
01 Fri Mar 2024 6638.00 6342.00 6694.00 6301.00 1.24 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 Crude Oil (CRUDEOIL)

Date Monthly Closing Price Open High Low Volume
26 Tue Mar 2024 6817.00 6510.00 6955.00 6367.00 0.818 times
29 Thu Feb 2024 6513.00 6342.00 6598.00 5952.00 0.758 times
31 Wed Jan 2024 6313.00 5967.00 6529.00 5796.00 1.116 times
29 Fri Dec 2023 6007.00 6330.00 6409.00 5658.00 0.928 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 Crude Oil (CRUDEOIL)

Price action analysis of Crude Oil ( (CRUDEOIL) ) 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Crude Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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

Crude Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Crude Oil in short term and BUY signal is strong.

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

Although the stock is in the SELL zone, but selling 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 6732.49 and Crude Oil (CRUDEOIL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Crude Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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

Crude Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Crude Oil in short term and BUY signal is strong.

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

Although the stock is in the SELL zone, but selling 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 6732.49 and Crude Oil (CRUDEOIL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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Daily chart
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