(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 2024-06-03 View latest technical analysis
10 day averaged volume of Crude Oil is 13983
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 6181.00 | 6412.00 | 6441.00 | 6169.00 | 2.761 times |
| 31 Fri May 2024 | 6453.00 | 6464.00 | 6561.00 | 6413.00 | 1.118 times |
| 30 Thu May 2024 | 6488.00 | 6613.00 | 6621.00 | 6477.00 | 1.523 times |
| 29 Wed May 2024 | 6624.00 | 6654.00 | 6728.00 | 6607.00 | 0.879 times |
| 28 Tue May 2024 | 6637.00 | 6559.00 | 6650.00 | 6546.00 | 0.883 times |
| 27 Mon May 2024 | 6547.00 | 6490.00 | 6565.00 | 6469.00 | 0.725 times |
| 23 Thu May 2024 | 6397.00 | 6455.00 | 6556.00 | 6388.00 | 1.288 times |
| 22 Wed May 2024 | 6492.00 | 6513.00 | 6538.00 | 6455.00 | 1.127 times |
| 21 Tue May 2024 | 6568.00 | 6570.00 | 6593.00 | 6488.00 | 1.141 times |
| 20 Mon May 2024 | 6662.00 | 6630.00 | 6721.00 | 6603.00 | 0.266 times |
Stock of Crude Oil (CRUDEOIL) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6308.3, for a target of 6436.2 or 6542.7
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 5952.00 |
| Downside Target | 6169.00 |
| Upside Target | 6367.00 |
| Upside Target | 6598.00 |
| Upside Target | 6675.00 |
| 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 | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6086.33 |
| Downside Intraday Target | 5991.67 |
| Upside Intraday Target | 6358.33 |
| Upside Intraday Target | 6535.67 |
| Upside Intraday Target | 6263.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 6181.00 | 6412.00 | 6441.00 | 6169.00 | 0.539 times |
| 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 |
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 |
| 03 Mon Jun 2024 | 6181.00 | 6412.00 | 6441.00 | 6169.00 | 0.099 times |
| 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 |
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 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6439.48 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 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6439.48 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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