(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 2024-05-16 View latest technical analysis
10 day averaged volume of Crude Oil is 20506
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 6615.00 | 6616.00 | 6662.00 | 6530.00 | 0.877 times |
| 15 Wed May 2024 | 6551.00 | 6554.00 | 6577.00 | 6415.00 | 1.547 times |
| 14 Tue May 2024 | 6512.00 | 6617.00 | 6626.00 | 6501.00 | 1.023 times |
| 13 Mon May 2024 | 6594.00 | 6532.00 | 6640.00 | 6516.00 | 0.569 times |
| 10 Fri May 2024 | 6551.00 | 6630.00 | 6689.00 | 6546.00 | 0.746 times |
| 09 Thu May 2024 | 6606.00 | 6623.00 | 6675.00 | 6594.00 | 0.876 times |
| 08 Wed May 2024 | 6587.00 | 6533.00 | 6612.00 | 6434.00 | 1.181 times |
| 07 Tue May 2024 | 6585.00 | 6582.00 | 6611.00 | 6488.00 | 0.977 times |
| 06 Mon May 2024 | 6542.00 | 6552.00 | 6613.00 | 6520.00 | 0.837 times |
| 03 Fri May 2024 | 6546.00 | 6606.00 | 6648.00 | 6540.00 | 0.928 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 6541.2 as stoploss in an intra day buy trade for a target of 6707.7. However, stock will show a bearish move below 6541.2.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 5796.00 |
| Downside Target | 5952.00 |
| Downside Target | 6367.00 |
| Upside Target | 6744.00 |
| Upside Target | 6818.00 |
| Upside Target | 6955.00 |
| Upside Target | 7005.00 |
| Upside Target | 7043.00 |
| Upside Target | 7192.00 |
| Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6466 |
| Downside Intraday Target | 6317 |
| Upside Intraday Target | 6713 |
| Upside Intraday Target | 6811 |
| Downside Intraday Target | 6564 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 6615.00 | 6532.00 | 6662.00 | 6415.00 | 0.87 times |
| 10 Fri May 2024 | 6551.00 | 6552.00 | 6689.00 | 6434.00 | 0.826 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 |
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 |
| 16 Thu May 2024 | 6615.00 | 6771.00 | 6818.00 | 6415.00 | 0.616 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Crude Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 buy signal for Crude Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 6566.95 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 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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Crude Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 buy signal for Crude Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 6566.95 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 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 is giving positive 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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