(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 2024-07-16 View latest technical analysis
10 day averaged volume of Crude Oil is 18521
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 6779.00 | 6831.00 | 6834.00 | 6720.00 | 1.541 times |
| 15 Mon Jul 2024 | 6847.00 | 6882.00 | 6894.00 | 6817.00 | 0.997 times |
| 12 Fri Jul 2024 | 6890.00 | 6920.00 | 6988.00 | 6880.00 | 1.785 times |
| 11 Thu Jul 2024 | 6893.00 | 6907.00 | 6914.00 | 6825.00 | 1.152 times |
| 10 Wed Jul 2024 | 6858.00 | 6811.00 | 6899.00 | 6754.00 | 1.152 times |
| 09 Tue Jul 2024 | 6830.00 | 6851.00 | 6886.00 | 6793.00 | 1.082 times |
| 08 Mon Jul 2024 | 6878.00 | 6920.00 | 6930.00 | 6861.00 | 0.842 times |
| 05 Fri Jul 2024 | 6977.00 | 6992.00 | 7052.00 | 6962.00 | 0.9 times |
| 04 Thu Jul 2024 | 7024.00 | 6954.00 | 7027.00 | 6933.00 | 0.502 times |
| 03 Wed Jul 2024 | 6951.00 | 6953.00 | 6969.00 | 6885.00 | 0.721 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6782.7, but if it comes above 6782.7, then a intra day buy could be more profitable.
If you take a sell trade below 6782.7, then use 6782.7 as stoploss and 6691.4 as target. However if you take a buy trade in stock , then use 6782.7 as stoploss and 6858.75 as target.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 6073.00 |
| Downside Target | 6367.00 |
| Downside Target | 6541.00 |
| Downside Target | 6700.00 |
| Upside Target | 6894.00 |
| Upside Target | 6899.00 |
| Upside Target | 6955.00 |
| Upside Target | 6988.00 |
| Upside Target | 7052.00 |
| Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6701.33 |
| Downside Intraday Target | 6623.67 |
| Upside Intraday Target | 6875.33 |
| Upside Intraday Target | 6971.67 |
| Upside Intraday Target | 6797.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 6779.00 | 6882.00 | 6894.00 | 6720.00 | 0.422 times |
| 12 Fri Jul 2024 | 6890.00 | 6920.00 | 6988.00 | 6754.00 | 1.549 times |
| 05 Fri Jul 2024 | 6977.00 | 6835.00 | 7052.00 | 6817.00 | 1.067 times |
| 28 Fri Jun 2024 | 6805.00 | 6738.00 | 6899.00 | 6700.00 | 2.295 times |
| 20 Thu Jun 2024 | 6799.00 | 6558.00 | 6818.00 | 6541.00 | 0.376 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 |
| 16 Tue Jul 2024 | 6779.00 | 6835.00 | 7052.00 | 6720.00 | 0.796 times |
| 28 Fri Jun 2024 | 6805.00 | 6412.00 | 6899.00 | 6073.00 | 0.739 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 |
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 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 to mid 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 6877.55 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 positive
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 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 to mid 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 6877.55 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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