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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.

10 day averaged volume of Crude Oil is 19196

Date Daily Closing Price Open High Low Volume
22 Mon Apr 2024 6834.00 6870.00 6873.00 6744.00 0.783 times
19 Fri Apr 2024 6944.00 6980.00 7109.00 6837.00 0.173 times
18 Thu Apr 2024 6933.00 6928.00 6984.00 6818.00 0.484 times
17 Wed Apr 2024 6934.00 7109.00 7115.00 6911.00 1.442 times
16 Tue Apr 2024 7135.00 7191.00 7192.00 7091.00 0.979 times
15 Mon Apr 2024 7115.00 7126.00 7166.00 7029.00 1.572 times
12 Fri Apr 2024 7187.00 7140.00 7322.00 7134.00 1.449 times
11 Thu Apr 2024 7109.00 7168.00 7169.00 7081.00 0.581 times
10 Wed Apr 2024 7159.00 7125.00 7187.00 7057.00 1.281 times
09 Tue Apr 2024 7102.00 7213.00 7236.00 7086.00 0.793 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6885.4, but if it comes above 6885.4, then a intra day buy could be more profitable.
If you take a sell trade below 6885.4, then use 6885.4 as stoploss and 6711.8 as target. However if you take a buy trade in stock , then use 6885.4 as stoploss and 7030 as target.

Share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Target 5658.00
Downside Target 5796.00
Downside Target 5952.00
Downside Target 6367.00
Upside Target 6892.00
Upside Target 6923.00
Upside Target 6955.00
Upside Target 7057.00
Upside Target 7192.00
Upside Target 7296.00
Upside Target 7322.00

Intraday share price targets for Crude Oil (CRUDEOIL)

Target Type Value
Downside Intraday Target 6761
Downside Intraday Target 6688
Upside Intraday Target 6890
Upside Intraday Target 6946
Downside Intraday Target 6817

Weekly technical analysis of Crude Oil (CRUDEOIL)

Date Weekly Closing Price Open High Low Volume
22 Mon Apr 2024 6834.00 6870.00 6873.00 6744.00 0.168 times
19 Fri Apr 2024 6944.00 7126.00 7192.00 6818.00 0.869 times
12 Fri Apr 2024 7187.00 7129.00 7322.00 7057.00 1.149 times
05 Fri Apr 2024 7284.00 6940.00 7296.00 6892.00 1.703 times
28 Thu Mar 2024 6909.00 6744.00 6923.00 6723.00 1.219 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
22 Mon Apr 2024 6834.00 6940.00 7322.00 6744.00 0.823 times
28 Thu Mar 2024 6909.00 6510.00 6955.00 6367.00 0.892 times
29 Thu Feb 2024 6513.00 6342.00 6598.00 5952.00 0.758 times
31 Wed Jan 2024 6313.00 5967.00 6529.00 5796.00 1.116 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Crude Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7069.7 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 positive

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 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 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 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 gaining momentum.

MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Crude Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7069.7 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 positive

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

Click here for further forecast and predictions for tomorrow

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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