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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 2024-07-23 View latest technical analysis

10 day averaged volume of Crude Oil is 19591

Date Daily Closing Price Open High Low Volume
23 Tue Jul 2024 6458.00 6571.00 6600.00 6405.00 0.922 times
22 Mon Jul 2024 6560.00 6626.00 6633.00 6499.00 0.705 times
19 Fri Jul 2024 6702.00 6899.00 6928.00 6712.00 0.237 times
18 Thu Jul 2024 6973.00 6950.00 7006.00 6863.00 0.519 times
17 Wed Jul 2024 6911.00 6773.00 6924.00 6773.00 1.252 times
16 Tue Jul 2024 6779.00 6831.00 6834.00 6720.00 1.457 times
15 Mon Jul 2024 6847.00 6882.00 6894.00 6817.00 0.942 times
12 Fri Jul 2024 6890.00 6920.00 6988.00 6880.00 1.687 times
11 Thu Jul 2024 6893.00 6907.00 6914.00 6825.00 1.089 times
10 Wed Jul 2024 6858.00 6811.00 6899.00 6754.00 1.089 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 6543.1, for a target of 6706.3 or 6842.2

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 6073.00
Downside Target 6367.00
Upside Target 6633.00
Upside Target 6899.00
Upside Target 6955.00
Upside Target 6988.00
Upside Target 7006.00
Upside Target 7052.00
Upside Target 7322.00

Intraday share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Intraday Target 6364.33
Downside Intraday Target 6270.67
Upside Intraday Target 6592.33
Upside Intraday Target 6726.67
Upside Intraday Target 6498.67

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
23 Tue Jul 2024 6458.00 6626.00 6633.00 6405.00 0.369 times
19 Fri Jul 2024 6702.00 6882.00 7006.00 6712.00 0.775 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

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
23 Tue Jul 2024 6458.00 6835.00 7052.00 6405.00 1.042 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 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 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 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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 6805.17 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 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 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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 6805.17 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

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Daily charts

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