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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 2024-08-02 View latest technical analysis

10 day averaged volume of Crude Oil is 18313

Date Daily Closing Price Open High Low Volume
02 Fri Aug 2024 6146.00 6451.00 6481.00 6129.00 2.195 times
01 Thu Aug 2024 6436.00 6540.00 6609.00 6427.00 1.193 times
31 Wed Jul 2024 6524.00 6341.00 6536.00 6338.00 1.569 times
30 Tue Jul 2024 6292.00 6343.00 6373.00 6258.00 0.966 times
29 Mon Jul 2024 6351.00 6479.00 6519.00 6322.00 1.264 times
26 Fri Jul 2024 6478.00 6582.00 6586.00 6394.00 1.024 times
25 Thu Jul 2024 6572.00 6458.00 6579.00 6383.00 1.253 times
24 Wed Jul 2024 6521.00 6481.00 6556.00 6454.00 0.738 times
23 Tue Jul 2024 6458.00 6571.00 6600.00 6405.00 0.986 times
22 Mon Jul 2024 6560.00 6626.00 6633.00 6499.00 0.754 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 6127.9, for a target of 6409.9 or 6644.95

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 6073.00
Upside Target 6258.00
Upside Target 6383.00
Upside Target 6609.00
Upside Target 6817.00
Upside Target 6818.00
Upside Target 6899.00
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 5980.33
Downside Intraday Target 5814.67
Upside Intraday Target 6460.33
Upside Intraday Target 6774.67
Upside Intraday Target 6294.67

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
02 Fri Aug 2024 6146.00 6479.00 6609.00 6129.00 1.511 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Crude Oil (CRUDEOIL)

Date Monthly Closing Price Open High Low Volume
02 Fri Aug 2024 6146.00 6540.00 6609.00 6129.00 0.146 times
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

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 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

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 6406.38 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 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 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

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 6406.38 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

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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