(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 2024-04-19 View latest technical analysis
10 day averaged volume of Crude Oil is 21129
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 6944.00 | 6980.00 | 7109.00 | 6837.00 | 0.157 times |
| 18 Thu Apr 2024 | 6933.00 | 6928.00 | 6984.00 | 6818.00 | 0.44 times |
| 17 Wed Apr 2024 | 6934.00 | 7109.00 | 7115.00 | 6911.00 | 1.31 times |
| 16 Tue Apr 2024 | 7135.00 | 7191.00 | 7192.00 | 7091.00 | 0.889 times |
| 15 Mon Apr 2024 | 7115.00 | 7126.00 | 7166.00 | 7029.00 | 1.429 times |
| 12 Fri Apr 2024 | 7187.00 | 7140.00 | 7322.00 | 7134.00 | 1.317 times |
| 11 Thu Apr 2024 | 7109.00 | 7168.00 | 7169.00 | 7081.00 | 0.528 times |
| 10 Wed Apr 2024 | 7159.00 | 7125.00 | 7187.00 | 7057.00 | 1.164 times |
| 09 Tue Apr 2024 | 7102.00 | 7213.00 | 7236.00 | 7086.00 | 0.72 times |
| 08 Mon Apr 2024 | 7179.00 | 7129.00 | 7248.00 | 7112.00 | 1.132 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 6873.9 as stoploss in an intra day buy trade for a target of 7025.6. However, stock will show a bearish move below 6873.9.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 5658.00 |
| Downside Target | 5796.00 |
| Downside Target | 5952.00 |
| Downside Target | 6367.00 |
| Downside Target | 6923.00 |
| Upside Target | 6955.00 |
| Upside Target | 7057.00 |
| Upside Target | 7192.00 |
| Upside Target | 7296.00 |
| Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6777.33 |
| Downside Intraday Target | 6610.67 |
| Upside Intraday Target | 7151.33 |
| Upside Intraday Target | 7358.67 |
| Upside Intraday Target | 6984.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 6944.00 | 7126.00 | 7192.00 | 6818.00 | 0.869 times |
| 12 Fri Apr 2024 | 7187.00 | 7129.00 | 7322.00 | 7057.00 | 1.149 times |
| 05 Fri Apr 2024 | 7284.00 | 6940.00 | 7296.00 | 6892.00 | 1.703 times |
| 28 Thu Mar 2024 | 6909.00 | 6744.00 | 6923.00 | 6723.00 | 1.219 times |
| 22 Fri Mar 2024 | 6746.00 | 6732.00 | 6955.00 | 6690.00 | 0.35 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 |
| 19 Fri Apr 2024 | 6944.00 | 6940.00 | 7322.00 | 6818.00 | 0.781 times |
| 28 Thu Mar 2024 | 6909.00 | 6510.00 | 6955.00 | 6367.00 | 0.892 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 |
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 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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.
Crude Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Crude Oil in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Crude 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 7101.76 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 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 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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.
Crude Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Crude Oil in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Crude 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 7101.76 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 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