(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 2024-05-22 View latest technical analysis
10 day averaged volume of Crude Oil is 17420
Date | Daily Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 6492.00 | 6513.00 | 6538.00 | 6455.00 | 0.905 times |
21 Tue May 2024 | 6568.00 | 6570.00 | 6593.00 | 6488.00 | 0.916 times |
20 Mon May 2024 | 6662.00 | 6630.00 | 6721.00 | 6603.00 | 0.214 times |
17 Fri May 2024 | 6662.00 | 6616.00 | 6675.00 | 6586.00 | 0.844 times |
16 Thu May 2024 | 6615.00 | 6616.00 | 6662.00 | 6530.00 | 1.033 times |
15 Wed May 2024 | 6551.00 | 6554.00 | 6577.00 | 6415.00 | 1.821 times |
14 Tue May 2024 | 6512.00 | 6617.00 | 6626.00 | 6501.00 | 1.204 times |
13 Mon May 2024 | 6594.00 | 6532.00 | 6640.00 | 6516.00 | 0.67 times |
10 Fri May 2024 | 6551.00 | 6630.00 | 6689.00 | 6546.00 | 0.878 times |
09 Thu May 2024 | 6606.00 | 6623.00 | 6675.00 | 6594.00 | 1.031 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6506.1, but if it comes above 6506.1, then a intra day buy could be more profitable.
If you take a sell trade below 6506.1, then use 6506.1 as stoploss and 6336.8 as target. However if you take a buy trade in stock , then use 6506.1 as stoploss and 6647.15 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 | 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 | 6391 |
Downside Intraday Target | 6290 |
Upside Intraday Target | 6657 |
Upside Intraday Target | 6822 |
Upside Intraday Target | 6556 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 6492.00 | 6630.00 | 6721.00 | 6455.00 | 0.365 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 |
22 Wed May 2024 | 6492.00 | 6771.00 | 6818.00 | 6415.00 | 0.739 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 6570.36 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 6570.36 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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