(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 2024-05-08 View latest technical analysis
10 day averaged volume of Crude Oil is 20099
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 6587.00 | 6533.00 | 6612.00 | 6434.00 | 1.204 times |
| 07 Tue May 2024 | 6585.00 | 6582.00 | 6611.00 | 6488.00 | 0.997 times |
| 06 Mon May 2024 | 6542.00 | 6552.00 | 6613.00 | 6520.00 | 0.854 times |
| 03 Fri May 2024 | 6546.00 | 6606.00 | 6648.00 | 6540.00 | 0.946 times |
| 02 Thu May 2024 | 6601.00 | 6647.00 | 6678.00 | 6559.00 | 1.344 times |
| 01 Wed May 2024 | 6622.00 | 6771.00 | 6818.00 | 6610.00 | 1.434 times |
| 30 Tue Apr 2024 | 6838.00 | 6900.00 | 6956.00 | 6772.00 | 1.316 times |
| 29 Mon Apr 2024 | 6899.00 | 6951.00 | 7005.00 | 6887.00 | 0.665 times |
| 26 Fri Apr 2024 | 6999.00 | 6965.00 | 7043.00 | 6958.00 | 0.921 times |
| 25 Thu Apr 2024 | 6911.00 | 6900.00 | 6946.00 | 6842.00 | 0.774 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6653.1, but if it comes above 6653.1, then a intra day buy could be more profitable.
If you take a sell trade below 6653.1, then use 6653.1 as stoploss and 6408.5 as target. However if you take a buy trade in stock , then use 6653.1 as stoploss and 6856.9 as target.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 5796.00 |
| Downside Target | 5952.00 |
| Downside Target | 6367.00 |
| Upside Target | 6818.00 |
| Upside Target | 6955.00 |
| Upside Target | 7005.00 |
| Upside Target | 7043.00 |
| Upside Target | 7057.00 |
| Upside Target | 7192.00 |
| Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6476.33 |
| Downside Intraday Target | 6365.67 |
| Upside Intraday Target | 6655.33 |
| Upside Intraday Target | 6723.67 |
| Downside Intraday Target | 6544.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 6587.00 | 6552.00 | 6613.00 | 6434.00 | 0.536 times |
| 03 Fri May 2024 | 6546.00 | 6951.00 | 7005.00 | 6540.00 | 1.308 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 |
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 |
| 08 Wed May 2024 | 6587.00 | 6771.00 | 6818.00 | 6434.00 | 0.333 times |
| 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 |
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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up 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 6697.75 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up 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 6697.75 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.
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