(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 2024-05-27 View latest technical analysis
10 day averaged volume of Crude Oil is 16580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 6547.00 | 6490.00 | 6565.00 | 6469.00 | 0.611 times |
| 23 Thu May 2024 | 6397.00 | 6455.00 | 6556.00 | 6388.00 | 1.086 times |
| 22 Wed May 2024 | 6492.00 | 6513.00 | 6538.00 | 6455.00 | 0.951 times |
| 21 Tue May 2024 | 6568.00 | 6570.00 | 6593.00 | 6488.00 | 0.962 times |
| 20 Mon May 2024 | 6662.00 | 6630.00 | 6721.00 | 6603.00 | 0.224 times |
| 17 Fri May 2024 | 6662.00 | 6616.00 | 6675.00 | 6586.00 | 0.886 times |
| 16 Thu May 2024 | 6615.00 | 6616.00 | 6662.00 | 6530.00 | 1.085 times |
| 15 Wed May 2024 | 6551.00 | 6554.00 | 6577.00 | 6415.00 | 1.914 times |
| 14 Tue May 2024 | 6512.00 | 6617.00 | 6626.00 | 6501.00 | 1.265 times |
| 13 Mon May 2024 | 6594.00 | 6532.00 | 6640.00 | 6516.00 | 0.704 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6491.5 or till 6362.7. Use a stoploss of 6598.85 and if the stock hits stoploss, then it can shoot up till 6706.18
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 5796.00 |
| Downside Target | 5952.00 |
| Downside Target | 6367.00 |
| Upside Target | 6675.00 |
| Upside Target | 6689.00 |
| Upside Target | 6721.00 |
| Upside Target | 6744.00 |
| Upside Target | 6818.00 |
| Upside Target | 6955.00 |
| Upside Target | 7005.00 |
| Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6489 |
| Downside Intraday Target | 6431 |
| Upside Intraday Target | 6585 |
| Upside Intraday Target | 6623 |
| Downside Intraday Target | 6527 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 6547.00 | 6490.00 | 6565.00 | 6469.00 | 0.19 times |
| 23 Thu May 2024 | 6397.00 | 6630.00 | 6721.00 | 6388.00 | 0.55 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 |
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 |
| 27 Mon May 2024 | 6547.00 | 6771.00 | 6818.00 | 6388.00 | 0.807 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 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 neutral. A longer time frame might give a better analysis.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 6547.31 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 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 neutral. A longer time frame might give a better analysis.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 6547.31 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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