(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 2024-10-08 View latest technical analysis
10 day averaged volume of Crude Oil is 35493
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 6244.00 | 6430.00 | 6430.00 | 6114.00 | 1.09 times |
| 07 Mon Oct 2024 | 6475.00 | 6263.00 | 6495.00 | 6229.00 | 0.929 times |
| 04 Fri Oct 2024 | 6339.00 | 6201.00 | 6360.00 | 6177.00 | 1.105 times |
| 03 Thu Oct 2024 | 6161.00 | 5986.00 | 6211.00 | 5936.00 | 1.485 times |
| 30 Mon Sep 2024 | 5742.00 | 5760.00 | 5824.00 | 5683.00 | 0.896 times |
| 27 Fri Sep 2024 | 5694.00 | 5667.00 | 5761.00 | 5638.00 | 0.782 times |
| 26 Thu Sep 2024 | 5663.00 | 5859.00 | 5862.00 | 5627.00 | 1.516 times |
| 25 Wed Sep 2024 | 5841.00 | 5960.00 | 6004.00 | 5818.00 | 1.041 times |
| 24 Tue Sep 2024 | 5983.00 | 5930.00 | 6069.00 | 5930.00 | 0.79 times |
| 23 Mon Sep 2024 | 5898.00 | 5987.00 | 6020.00 | 5830.00 | 0.897 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6152.5, but if it comes below 6152.5, then a intra day sell could be more profitable.
If you take a sell trade below 6152.5, then use 6152.5 as stoploss and 5919.9 as target. However if you take a buy trade in stock , then use 6152.5 as stoploss and 6431.7 as target.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 5501.00 |
| Downside Target | 5627.00 |
| Downside Target | 5905.00 |
| Upside Target | 6254.00 |
| Upside Target | 6258.00 |
| Upside Target | 6360.00 |
| Upside Target | 6495.00 |
| Upside Target | 6736.00 |
| Upside Target | 6899.00 |
| Upside Target | 7052.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6073.67 |
| Downside Intraday Target | 5903.33 |
| Upside Intraday Target | 6454.67 |
| Upside Intraday Target | 6665.33 |
| Upside Intraday Target | 6284.33 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 6244.00 | 6263.00 | 6495.00 | 6114.00 | 0.579 times |
| 04 Fri Oct 2024 | 6339.00 | 5760.00 | 6360.00 | 5683.00 | 0.694 times |
| 27 Fri Sep 2024 | 5694.00 | 5987.00 | 6069.00 | 5627.00 | 1.971 times |
| 20 Fri Sep 2024 | 5975.00 | 5796.00 | 6062.00 | 5765.00 | 0.446 times |
| 13 Fri Sep 2024 | 5770.00 | 5764.00 | 5905.00 | 5501.00 | 0.894 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 |
| 08 Tue Oct 2024 | 6244.00 | 5986.00 | 6495.00 | 5936.00 | 0.224 times |
| 30 Mon Sep 2024 | 5742.00 | 6152.00 | 6254.00 | 5501.00 | 1.273 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 6006.61 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 rising upwards.
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 is giving positive 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 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 6006.61 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 rising upwards.
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 is giving positive 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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