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(ABAN_BE) Aban Offshore complete technical analysis [charts+indicators] | Buy/Sell Aban Offshore | (ABAN_BE) share price targets

Complete technical analysis of Aban Offshore (ABAN_BE) by charts plus indicators, forecast predictions and share price targets for Aban Offshore (ABAN_BE)

10 day averaged volume of Aban Offshore is 79326

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 63.50 63.95 63.95 63.00 1.222 times
16 Thu May 2024 64.40 64.60 64.95 63.15 0.375 times
15 Wed May 2024 64.25 65.00 66.00 63.85 0.455 times
14 Tue May 2024 65.00 63.50 65.25 63.50 0.483 times
13 Mon May 2024 63.65 64.10 65.70 63.10 0.481 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.8, but if it comes above 64.8, then a intra day buy could be more profitable.
If you take a sell trade below 64.8, then use 64.8 as stoploss and 61.8 as target. However if you take a buy trade in stock , then use 64.8 as stoploss and 67.25 as target.

Share price targets for Aban Offshore (ABAN_BE)

Target Type Value
Downside Target 48.75
Downside Target 50.05
Downside Target 52.35
Downside Target 61.00
Downside Target 63.00
Upside Target 66.00
Upside Target 69.80
Upside Target 71.65
Upside Target 72.80
Upside Target 75.90
Upside Target 87.80

Intraday share price targets for Aban Offshore (ABAN_BE)

Target Type Value
Downside Intraday Target 62.33
Downside Intraday Target 61.17
Upside Intraday Target 65.33
Upside Intraday Target 67.17
Upside Intraday Target 64.17

Weekly technical analysis of Aban Offshore (ABAN_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 63.50 64.10 66.00 63.00 0.432 times
10 Fri May 2024 64.90 68.00 69.80 64.00 1.014 times
03 Fri May 2024 67.75 71.40 71.65 64.60 0.661 times
26 Fri Apr 2024 70.20 69.00 72.80 67.90 1.032 times
19 Fri Apr 2024 68.50 64.65 68.55 61.00 1.078 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 Aban Offshore (ABAN_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 63.50 66.75 69.80 63.00 0.386 times
30 Tue Apr 2024 67.05 51.40 72.80 50.05 0.886 times
28 Thu Mar 2024 49.75 69.65 75.90 48.75 1.484 times
29 Thu Feb 2024 68.60 87.75 87.80 67.00 0.554 times

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 Aban Offshore (ABAN_BE)

Indicator Name Indicator Value Indicator Signal
ADX 17, 21, 10 Sell
MACD 0, 1Sell
Stochastics 15Sell
CCI -97Sell
RSI 56Buy
OBV 68977Sell
VWAP 66Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Aban Offshore ( (ABAN_BE) ) 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 Aban Offshore ( (ABAN_BE) ) 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 Aban Offshore ( (ABAN_BE) ) 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 Aban Offshore ( (ABAN_BE) ) 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 Aban Offshore stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Aban Offshore Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Aban Offshore in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Aban Offshore is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.12 and Aban Offshore (ABAN_BE) 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 Aban Offshore (ABAN_BE) stock. Volume based technical analysis of Aban Offshore (ABAN_BE) stock is negative.

Aban Offshore 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 Aban Offshore charts

Click here for further forecast and predictions for tomorrow

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