(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 2024-08-08 View latest technical analysis
10 day averaged volume of Crude Oil is 28571
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 6422.00 | 6334.00 | 6434.00 | 6272.00 | 1.057 times |
| 07 Wed Aug 2024 | 6327.00 | 6166.00 | 6373.00 | 6143.00 | 1.128 times |
| 06 Tue Aug 2024 | 6186.00 | 6174.00 | 6238.00 | 6078.00 | 1.254 times |
| 05 Mon Aug 2024 | 6146.00 | 6177.00 | 6197.00 | 6025.00 | 1.552 times |
| 02 Fri Aug 2024 | 6146.00 | 6451.00 | 6481.00 | 6129.00 | 1.407 times |
| 01 Thu Aug 2024 | 6436.00 | 6540.00 | 6609.00 | 6427.00 | 0.764 times |
| 31 Wed Jul 2024 | 6524.00 | 6341.00 | 6536.00 | 6338.00 | 1.005 times |
| 30 Tue Jul 2024 | 6292.00 | 6343.00 | 6373.00 | 6258.00 | 0.619 times |
| 29 Mon Jul 2024 | 6351.00 | 6479.00 | 6519.00 | 6322.00 | 0.81 times |
| 26 Fri Jul 2024 | 6478.00 | 6582.00 | 6586.00 | 6394.00 | 0.656 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6277.3 or till 5978.9. Use a stoploss of 6526.05 and if the stock hits stoploss, then it can shoot up till 6774.75
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 6025.00 |
| Downside Target | 6258.00 |
| Downside 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 | 6153.33 |
| Downside Intraday Target | 5884.67 |
| Upside Intraday Target | 6562.33 |
| Upside Intraday Target | 6702.67 |
| Downside Intraday Target | 6293.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 6422.00 | 6177.00 | 6434.00 | 6025.00 | 1.084 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 |
| 08 Thu Aug 2024 | 6422.00 | 6540.00 | 6609.00 | 6025.00 | 0.48 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Crude Oil in short term and BUY signal is strong.
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 6304.21 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Crude Oil in short term and BUY signal is strong.
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 6304.21 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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