(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 2024-05-20 View latest technical analysis
10 day averaged volume of Crude Oil is 19172
Date | Daily Closing Price | Open | High | Low | Volume |
20 Mon May 2024 | 6662.00 | 6630.00 | 6721.00 | 6603.00 | 0.194 times |
17 Fri May 2024 | 6662.00 | 6616.00 | 6675.00 | 6586.00 | 0.766 times |
16 Thu May 2024 | 6615.00 | 6616.00 | 6662.00 | 6530.00 | 0.938 times |
15 Wed May 2024 | 6551.00 | 6554.00 | 6577.00 | 6415.00 | 1.655 times |
14 Tue May 2024 | 6512.00 | 6617.00 | 6626.00 | 6501.00 | 1.094 times |
13 Mon May 2024 | 6594.00 | 6532.00 | 6640.00 | 6516.00 | 0.609 times |
10 Fri May 2024 | 6551.00 | 6630.00 | 6689.00 | 6546.00 | 0.798 times |
09 Thu May 2024 | 6606.00 | 6623.00 | 6675.00 | 6594.00 | 0.936 times |
08 Wed May 2024 | 6587.00 | 6533.00 | 6612.00 | 6434.00 | 1.263 times |
07 Tue May 2024 | 6585.00 | 6582.00 | 6611.00 | 6488.00 | 1.045 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6530.7 or till 6345.5. Use a stoploss of 6685 and if the stock hits stoploss, then it can shoot up till 6839.31
Share price targets for Crude Oil (CRUDEOIL)
Target Type | Value |
Downside Target | 5796.00 |
Downside Target | 5952.00 |
Downside Target | 6367.00 |
Upside Target | 6721.00 |
Upside Target | 6744.00 |
Upside Target | 6818.00 |
Upside Target | 6955.00 |
Upside Target | 7005.00 |
Upside Target | 7043.00 |
Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
Target Type | Value |
Downside Intraday Target | 6603 |
Downside Intraday Target | 6544 |
Upside Intraday Target | 6721 |
Upside Intraday Target | 6780 |
Downside Intraday Target | 6662 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Mon May 2024 | 6662.00 | 6630.00 | 6721.00 | 6603.00 | 0.038 times |
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 |
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 |
20 Mon May 2024 | 6662.00 | 6771.00 | 6818.00 | 6415.00 | 0.661 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 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 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 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 losing momentum.
MACD generated a BUY signal for Crude Oil in short term but the buy signal is initial and weak.
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 coming down
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
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 6581.4 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 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 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 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 losing momentum.
MACD generated a BUY signal for Crude Oil in short term but the buy signal is initial and weak.
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 coming down
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
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 6581.4 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.
Click here for Crude Oil charts
Click here for further forecast and predictions for tomorrow