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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 2024-08-16 View latest technical analysis

10 day averaged volume of Crude Oil is 33214

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 6435.00 6536.00 6553.00 6350.00 0.312 times
14 Wed Aug 2024 6487.00 6613.00 6640.00 6476.00 0.867 times
13 Tue Aug 2024 6596.00 6664.00 6736.00 6573.00 1.268 times
12 Mon Aug 2024 6662.00 6471.00 6680.00 6461.00 1.062 times
09 Fri Aug 2024 6444.00 6420.00 6473.00 6376.00 0.642 times
08 Thu Aug 2024 6422.00 6334.00 6434.00 6272.00 0.909 times
07 Wed Aug 2024 6327.00 6166.00 6373.00 6143.00 0.97 times
06 Tue Aug 2024 6186.00 6174.00 6238.00 6078.00 1.079 times
05 Mon Aug 2024 6146.00 6177.00 6197.00 6025.00 1.335 times
02 Fri Aug 2024 6146.00 6451.00 6481.00 6129.00 1.21 times

My analysis of stock is bearish for shortterm, and stock might move down till 6283.6 or till 6099.3. Use a stoploss of 6437.25 and if the stock hits stoploss, then it can shoot up till 6590.86

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 6025.00
Downside Target 6258.00
Upside Target 6609.00
Upside Target 6736.00
Upside Target 6744.00
Upside Target 6818.00
Upside Target 6899.00
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 6278
Downside Intraday Target 6121
Upside Intraday Target 6664
Upside Intraday Target 6893
Upside Intraday Target 6507

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 6435.00 6471.00 6736.00 6350.00 0.711 times
09 Fri Aug 2024 6444.00 6177.00 6473.00 6025.00 1.246 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

Price has moved down 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
16 Fri Aug 2024 6435.00 6540.00 6736.00 6025.00 0.804 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Crude Oil in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL 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 6370.29 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Crude Oil in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL 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 6370.29 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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