(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 2024-05-31 View latest technical analysis
10 day averaged volume of Crude Oil is 14218
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 6453.00 | 6464.00 | 6561.00 | 6413.00 | 1.1 times |
| 30 Thu May 2024 | 6488.00 | 6613.00 | 6621.00 | 6477.00 | 1.498 times |
| 29 Wed May 2024 | 6624.00 | 6654.00 | 6728.00 | 6607.00 | 0.864 times |
| 28 Tue May 2024 | 6637.00 | 6559.00 | 6650.00 | 6546.00 | 0.868 times |
| 27 Mon May 2024 | 6547.00 | 6490.00 | 6565.00 | 6469.00 | 0.713 times |
| 23 Thu May 2024 | 6397.00 | 6455.00 | 6556.00 | 6388.00 | 1.266 times |
| 22 Wed May 2024 | 6492.00 | 6513.00 | 6538.00 | 6455.00 | 1.108 times |
| 21 Tue May 2024 | 6568.00 | 6570.00 | 6593.00 | 6488.00 | 1.122 times |
| 20 Mon May 2024 | 6662.00 | 6630.00 | 6721.00 | 6603.00 | 0.262 times |
| 17 Fri May 2024 | 6662.00 | 6616.00 | 6675.00 | 6586.00 | 1.034 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6494.1, but if it comes above 6494.1, then a intra day buy could be more profitable.
If you take a sell trade below 6494.1, then use 6494.1 as stoploss and 6413.8 as target. However if you take a buy trade in stock , then use 6494.1 as stoploss and 6560.95 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 | 6689.00 |
| Upside Target | 6721.00 |
| Upside Target | 6728.00 |
| 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 | 6334.67 |
| Downside Intraday Target | 6216.33 |
| Upside Intraday Target | 6649.67 |
| Upside Intraday Target | 6846.33 |
| Upside Intraday Target | 6531.33 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 6453.00 | 6490.00 | 6728.00 | 6413.00 | 1.342 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 |
| 31 Fri May 2024 | 6453.00 | 6771.00 | 6818.00 | 6388.00 | 0.958 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 mid to longer 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.
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. Bears are getting stronger in this stock.
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 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 6534.24 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 mid to longer 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.
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. Bears are getting stronger in this stock.
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 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 6534.24 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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