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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 2024-07-31 View latest technical analysis

10 day averaged volume of Crude Oil is 16725

Date Daily Closing Price Open High Low Volume
31 Wed Jul 2024 6524.00 6341.00 6536.00 6338.00 1.718 times
30 Tue Jul 2024 6292.00 6343.00 6373.00 6258.00 1.058 times
29 Mon Jul 2024 6351.00 6479.00 6519.00 6322.00 1.384 times
26 Fri Jul 2024 6478.00 6582.00 6586.00 6394.00 1.121 times
25 Thu Jul 2024 6572.00 6458.00 6579.00 6383.00 1.372 times
24 Wed Jul 2024 6521.00 6481.00 6556.00 6454.00 0.808 times
23 Tue Jul 2024 6458.00 6571.00 6600.00 6405.00 1.08 times
22 Mon Jul 2024 6560.00 6626.00 6633.00 6499.00 0.825 times
19 Fri Jul 2024 6702.00 6899.00 6928.00 6712.00 0.277 times
18 Thu Jul 2024 6973.00 6950.00 7006.00 6863.00 0.608 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6496.2 as stoploss in an intra day buy trade for a target of 6715.9. However, stock will show a bearish move below 6496.2.

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 6073.00
Downside Target 6258.00
Upside Target 6536.00
Upside Target 6818.00
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 6342.67
Downside Intraday Target 6161.33
Upside Intraday Target 6620.67
Upside Intraday Target 6717.33
Downside Intraday Target 6439.33

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
31 Wed Jul 2024 6524.00 6479.00 6536.00 6258.00 0.799 times
26 Fri Jul 2024 6478.00 6626.00 6633.00 6383.00 1.009 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

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 Wed Jul 2024 6524.00 6835.00 7052.00 6258.00 1.474 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Crude Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Crude Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Crude Oil in short term but BUY signal is weak.

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 6505.24 and Crude Oil (CRUDEOIL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Crude Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Crude Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Crude Oil in short term but BUY signal is weak.

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 6505.24 and Crude Oil (CRUDEOIL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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