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(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 2024-06-04 View latest technical analysis

10 day averaged volume of Crude Oil is 16374

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 6167.00 6165.00 6175.00 6073.00 1.256 times
03 Mon Jun 2024 6181.00 6412.00 6441.00 6169.00 2.358 times
31 Fri May 2024 6453.00 6464.00 6561.00 6413.00 0.955 times
30 Thu May 2024 6488.00 6613.00 6621.00 6477.00 1.301 times
29 Wed May 2024 6624.00 6654.00 6728.00 6607.00 0.75 times
28 Tue May 2024 6637.00 6559.00 6650.00 6546.00 0.754 times
27 Mon May 2024 6547.00 6490.00 6565.00 6469.00 0.619 times
23 Thu May 2024 6397.00 6455.00 6556.00 6388.00 1.1 times
22 Wed May 2024 6492.00 6513.00 6538.00 6455.00 0.963 times
21 Tue May 2024 6568.00 6570.00 6593.00 6488.00 0.974 times

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 6228.3, for a target of 6389.6 or 6523.95

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 5952.00
Downside Target 6073.00
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 6013
Downside Intraday Target 5859
Upside Intraday Target 6381
Upside Intraday Target 6595
Upside Intraday Target 6227

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 6167.00 6412.00 6441.00 6073.00 0.825 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
04 Tue Jun 2024 6167.00 6412.00 6441.00 6073.00 0.151 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 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 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 but selling is losing 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 6403.88 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 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 but selling is losing 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 6403.88 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.

Click here for Crude Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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