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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 2024-09-12 View latest technical analysis

10 day averaged volume of Crude Oil is 43359

Date Daily Closing Price Open High Low Volume
12 Thu Sep 2024 5809.00 5690.00 5867.00 5685.00 0.845 times
11 Wed Sep 2024 5690.00 5565.00 5719.00 5526.00 1.092 times
10 Tue Sep 2024 5533.00 5776.00 5786.00 5501.00 1.229 times
09 Mon Sep 2024 5776.00 5764.00 5799.00 5667.00 0.864 times
06 Fri Sep 2024 5704.00 5820.00 5902.00 5657.00 1.015 times
05 Thu Sep 2024 5810.00 5851.00 5962.00 5800.00 0.925 times
04 Wed Sep 2024 5851.00 5911.00 6019.00 5822.00 1.373 times
03 Tue Sep 2024 5919.00 6217.00 6249.00 5913.00 1.489 times
02 Mon Sep 2024 6222.00 6152.00 6254.00 6132.00 0.435 times
30 Fri Aug 2024 6203.00 6380.00 6431.00 6177.00 0.84 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 5790.7 as stoploss in an intra day buy trade for a target of 6065.7. However, stock will show a bearish move below 5790.7.

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 5501.00
Downside Target 5657.00
Upside Target 5867.00
Upside Target 6020.00
Upside Target 6388.00
Upside Target 6450.00
Upside Target 6516.00
Upside Target 6736.00
Upside Target 6818.00
Upside Target 6899.00
Upside Target 7052.00

Intraday share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Intraday Target 5584.33
Downside Intraday Target 5359.67
Upside Intraday Target 5950.33
Upside Intraday Target 6091.67
Downside Intraday Target 5725.67

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
12 Thu Sep 2024 5809.00 5764.00 5867.00 5501.00 0.769 times
06 Fri Sep 2024 5704.00 6152.00 6254.00 5657.00 1.661 times
30 Fri Aug 2024 6203.00 6321.00 6516.00 6177.00 1.438 times
23 Fri Aug 2024 6293.00 6424.00 6450.00 6020.00 0.815 times
16 Fri Aug 2024 6435.00 6471.00 6736.00 6350.00 0.711 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
12 Thu Sep 2024 5809.00 6152.00 6254.00 5501.00 0.7 times
30 Fri Aug 2024 6203.00 6540.00 6736.00 6020.00 1.347 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

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 Strong 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 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 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 5821.73 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 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 Strong 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 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 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 5821.73 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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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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