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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 2024-10-31 View latest technical analysis

10 day averaged volume of Crude Oil is 23321

Date Daily Closing Price Open High Low Volume
31 Thu Oct 2024 5823.00 5811.00 5877.00 5760.00 1.046 times
30 Wed Oct 2024 5764.00 5690.00 5826.00 5690.00 1.172 times
29 Tue Oct 2024 5668.00 5698.00 5773.00 5628.00 1.108 times
28 Mon Oct 2024 5710.00 5850.00 5889.00 5648.00 1.302 times
25 Fri Oct 2024 6040.00 5926.00 6062.00 5899.00 0.927 times
24 Thu Oct 2024 5911.00 5989.00 6095.00 5887.00 1.274 times
23 Wed Oct 2024 5976.00 6019.00 6050.00 5917.00 1.112 times
22 Tue Oct 2024 6040.00 5914.00 6081.00 5852.00 1.252 times
21 Mon Oct 2024 5932.00 5860.00 5972.00 5831.00 0.187 times
18 Fri Oct 2024 5855.00 5930.00 5984.00 5772.00 0.629 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 5799.4 as stoploss in an intra day buy trade for a target of 6032.1. However, stock will show a bearish move below 5799.4.

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 5501.00
Downside Target 5628.00
Upside Target 6012.00
Upside Target 6254.00
Upside Target 6258.00
Upside Target 6300.00
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 5671
Downside Intraday Target 5519
Upside Intraday Target 5932
Upside Intraday Target 6041
Downside Intraday Target 5780

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
31 Thu Oct 2024 5823.00 5850.00 5889.00 5628.00 0.974 times
25 Fri Oct 2024 6040.00 5860.00 6095.00 5831.00 0.828 times
18 Fri Oct 2024 5855.00 6293.00 6300.00 5772.00 0.79 times
11 Fri Oct 2024 6364.00 6263.00 6495.00 6012.00 1.369 times
04 Fri Oct 2024 6339.00 5760.00 6360.00 5683.00 0.694 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
31 Thu Oct 2024 5823.00 5986.00 6495.00 5628.00 0.84 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 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 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 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 5863.7 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 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 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 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 5863.7 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.

Click here for Crude Oil charts

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Daily charts

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Daily chart
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