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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 2024-04-30 View latest technical analysis

10 day averaged volume of Crude Oil is 16012

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 6838.00 6900.00 6956.00 6772.00 1.652 times
29 Mon Apr 2024 6899.00 6951.00 7005.00 6887.00 0.835 times
26 Fri Apr 2024 6999.00 6965.00 7043.00 6958.00 1.156 times
25 Thu Apr 2024 6911.00 6900.00 6946.00 6842.00 0.972 times
24 Wed Apr 2024 6889.00 6946.00 6979.00 6881.00 0.941 times
23 Tue Apr 2024 6928.00 6865.00 6939.00 6756.00 1.469 times
22 Mon Apr 2024 6834.00 6870.00 6873.00 6744.00 0.938 times
19 Fri Apr 2024 6944.00 6980.00 7109.00 6837.00 0.207 times
18 Thu Apr 2024 6933.00 6928.00 6984.00 6818.00 0.58 times
17 Wed Apr 2024 6934.00 7109.00 7115.00 6911.00 1.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6901.4, but if it comes above 6901.4, then a intra day buy could be more profitable.
If you take a sell trade below 6901.4, then use 6901.4 as stoploss and 6743.2 as target. However if you take a buy trade in stock , then use 6901.4 as stoploss and 7033.2 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 6367.00
Downside Target 6744.00
Upside Target 7005.00
Upside Target 7043.00
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 6738.33
Downside Intraday Target 6638.67
Upside Intraday Target 6971.33
Upside Intraday Target 7104.67
Upside Intraday Target 6871.67

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 6838.00 6951.00 7005.00 6772.00 0.454 times
26 Fri Apr 2024 6999.00 6870.00 7043.00 6744.00 0.982 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

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
30 Tue Apr 2024 6838.00 6940.00 7322.00 6744.00 1.135 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Crude Oil in short term but the sell 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. 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 coming down

CCI has generated a SELL signal for Crude Oil in short term and SELL signal is strong!

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 6907.42 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Crude Oil in short term but the sell 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. 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 coming down

CCI has generated a SELL signal for Crude Oil in short term and SELL signal is strong!

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 6907.42 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

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Daily chart
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