(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 2024-08-07 View latest technical analysis
10 day averaged volume of Crude Oil is 26700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 6327.00 | 6166.00 | 6373.00 | 6143.00 | 1.207 times |
| 06 Tue Aug 2024 | 6186.00 | 6174.00 | 6238.00 | 6078.00 | 1.342 times |
| 05 Mon Aug 2024 | 6146.00 | 6177.00 | 6197.00 | 6025.00 | 1.661 times |
| 02 Fri Aug 2024 | 6146.00 | 6451.00 | 6481.00 | 6129.00 | 1.505 times |
| 01 Thu Aug 2024 | 6436.00 | 6540.00 | 6609.00 | 6427.00 | 0.818 times |
| 31 Wed Jul 2024 | 6524.00 | 6341.00 | 6536.00 | 6338.00 | 1.076 times |
| 30 Tue Jul 2024 | 6292.00 | 6343.00 | 6373.00 | 6258.00 | 0.663 times |
| 29 Mon Jul 2024 | 6351.00 | 6479.00 | 6519.00 | 6322.00 | 0.867 times |
| 26 Fri Jul 2024 | 6478.00 | 6582.00 | 6586.00 | 6394.00 | 0.702 times |
| 25 Thu Jul 2024 | 6572.00 | 6458.00 | 6579.00 | 6383.00 | 0.86 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 6289.8 as stoploss in an intra day buy trade for a target of 6549.6. However, stock will show a bearish move below 6289.8.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 6025.00 |
| Downside Target | 6258.00 |
| 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 | 6110.33 |
| Downside Intraday Target | 5893.67 |
| Upside Intraday Target | 6458.33 |
| Upside Intraday Target | 6589.67 |
| Downside Intraday Target | 6241.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 6327.00 | 6177.00 | 6373.00 | 6025.00 | 0.854 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 |
| 07 Wed Aug 2024 | 6327.00 | 6540.00 | 6609.00 | 6025.00 | 0.409 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 Weak 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 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 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 6313.27 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 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 Weak 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 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 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 6313.27 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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