(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 2024-08-06 View latest technical analysis
10 day averaged volume of Crude Oil is 24921
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 6186.00 | 6174.00 | 6238.00 | 6078.00 | 1.438 times |
| 05 Mon Aug 2024 | 6146.00 | 6177.00 | 6197.00 | 6025.00 | 1.779 times |
| 02 Fri Aug 2024 | 6146.00 | 6451.00 | 6481.00 | 6129.00 | 1.613 times |
| 01 Thu Aug 2024 | 6436.00 | 6540.00 | 6609.00 | 6427.00 | 0.876 times |
| 31 Wed Jul 2024 | 6524.00 | 6341.00 | 6536.00 | 6338.00 | 1.153 times |
| 30 Tue Jul 2024 | 6292.00 | 6343.00 | 6373.00 | 6258.00 | 0.71 times |
| 29 Mon Jul 2024 | 6351.00 | 6479.00 | 6519.00 | 6322.00 | 0.929 times |
| 26 Fri Jul 2024 | 6478.00 | 6582.00 | 6586.00 | 6394.00 | 0.752 times |
| 25 Thu Jul 2024 | 6572.00 | 6458.00 | 6579.00 | 6383.00 | 0.921 times |
| 24 Wed Jul 2024 | 6521.00 | 6481.00 | 6556.00 | 6454.00 | 0.542 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6313.3, but if it comes above 6313.3, then a intra day buy could be more profitable.
If you take a sell trade below 6313.3, then use 6313.3 as stoploss and 5998 as target. However if you take a buy trade in stock , then use 6313.3 as stoploss and 6576.15 as target.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 6025.00 |
| Upside Target | 6383.00 |
| Upside Target | 6609.00 |
| Upside Target | 6744.00 |
| Upside Target | 6754.00 |
| 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 | 6061.33 |
| Downside Intraday Target | 5936.67 |
| Upside Intraday Target | 6274.33 |
| Upside Intraday Target | 6362.67 |
| Downside Intraday Target | 6149.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 6186.00 | 6177.00 | 6238.00 | 6025.00 | 0.609 times |
| 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 |
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 |
| 06 Tue Aug 2024 | 6186.00 | 6540.00 | 6609.00 | 6025.00 | 0.334 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 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 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 losing 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 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 and selling is picking up 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 6322.12 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 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 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 losing 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 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 and selling is picking up 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 6322.12 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.
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