(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 2024-04-23 View latest technical analysis
10 day averaged volume of Crude Oil is 18308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 6928.00 | 6865.00 | 6939.00 | 6756.00 | 1.284 times |
| 22 Mon Apr 2024 | 6834.00 | 6870.00 | 6873.00 | 6744.00 | 0.821 times |
| 19 Fri Apr 2024 | 6944.00 | 6980.00 | 7109.00 | 6837.00 | 0.181 times |
| 18 Thu Apr 2024 | 6933.00 | 6928.00 | 6984.00 | 6818.00 | 0.507 times |
| 17 Wed Apr 2024 | 6934.00 | 7109.00 | 7115.00 | 6911.00 | 1.512 times |
| 16 Tue Apr 2024 | 7135.00 | 7191.00 | 7192.00 | 7091.00 | 1.026 times |
| 15 Mon Apr 2024 | 7115.00 | 7126.00 | 7166.00 | 7029.00 | 1.649 times |
| 12 Fri Apr 2024 | 7187.00 | 7140.00 | 7322.00 | 7134.00 | 1.52 times |
| 11 Thu Apr 2024 | 7109.00 | 7168.00 | 7169.00 | 7081.00 | 0.609 times |
| 10 Wed Apr 2024 | 7159.00 | 7125.00 | 7187.00 | 7057.00 | 1.343 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 6896.3 as stoploss in an intra day buy trade for a target of 7035.2. However, stock will show a bearish move below 6896.3.
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 | 6939.00 |
| 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 | 6801.67 |
| Downside Intraday Target | 6675.33 |
| Upside Intraday Target | 6996.67 |
| Upside Intraday Target | 7065.33 |
| Downside Intraday Target | 6870.33 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 6928.00 | 6870.00 | 6939.00 | 6744.00 | 0.432 times |
| 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 |
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 |
| 23 Tue Apr 2024 | 6928.00 | 6940.00 | 7322.00 | 6744.00 | 0.888 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 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 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling 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 7049.71 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 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 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling 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 7049.71 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.
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