(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 2024-05-17 View latest technical analysis
10 day averaged volume of Crude Oil is 19605
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 6662.00 | 6616.00 | 6675.00 | 6586.00 | 0.75 times |
16 Thu May 2024 | 6615.00 | 6616.00 | 6662.00 | 6530.00 | 0.918 times |
15 Wed May 2024 | 6551.00 | 6554.00 | 6577.00 | 6415.00 | 1.618 times |
14 Tue May 2024 | 6512.00 | 6617.00 | 6626.00 | 6501.00 | 1.07 times |
13 Mon May 2024 | 6594.00 | 6532.00 | 6640.00 | 6516.00 | 0.596 times |
10 Fri May 2024 | 6551.00 | 6630.00 | 6689.00 | 6546.00 | 0.78 times |
09 Thu May 2024 | 6606.00 | 6623.00 | 6675.00 | 6594.00 | 0.916 times |
08 Wed May 2024 | 6587.00 | 6533.00 | 6612.00 | 6434.00 | 1.235 times |
07 Tue May 2024 | 6585.00 | 6582.00 | 6611.00 | 6488.00 | 1.022 times |
06 Mon May 2024 | 6542.00 | 6552.00 | 6613.00 | 6520.00 | 0.875 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6536 or till 6347. Use a stoploss of 6693.6 and if the stock hits stoploss, then it can shoot up till 6851.15
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 | 6493 |
Downside Intraday Target | 6324 |
Upside Intraday Target | 6753 |
Upside Intraday Target | 6844 |
Downside Intraday Target | 6584 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 6662.00 | 6532.00 | 6675.00 | 6415.00 | 1.026 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 |
17 Fri May 2024 | 6662.00 | 6771.00 | 6818.00 | 6415.00 | 0.652 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 6576.31 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 rising upwards.
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 6576.31 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 rising upwards.
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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