(ARABIAN_SM) Arabian Petroleum complete technical analysis [charts+indicators] | Buy/Sell Arabian Petroleum | (ARABIAN_SM) share price targets
Complete technical analysis of Arabian Petroleum (ARABIAN_SM) by charts plus indicators, forecast predictions and share price targets for Arabian Petroleum (ARABIAN_SM)
10 day averaged volume of Arabian Petroleum is 40800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 90.05 | 92.00 | 92.00 | 90.05 | 0.245 times |
| 17 Fri May 2024 | 93.75 | 92.50 | 95.45 | 92.50 | 0.245 times |
| 16 Thu May 2024 | 94.20 | 94.20 | 94.20 | 94.20 | 0.098 times |
| 15 Wed May 2024 | 95.00 | 96.55 | 96.95 | 95.00 | 0.245 times |
| 14 Tue May 2024 | 96.25 | 96.90 | 99.50 | 94.00 | 0.833 times |
My analysis of stock is bearish for shortterm, and stock might move down till 85.6 or till 79.3. Use a stoploss of 90.84 and if the stock hits stoploss, then it can shoot up till 96.06
Share price targets for Arabian Petroleum (ARABIAN_SM)
| Target Type | Value |
| Downside Target | 71.05 |
| Downside Target | 80.00 |
| Downside Target | 82.00 |
| Downside Target | 86.80 |
| Downside Target | 88.70 |
| Upside Target | 92.50 |
| Upside Target | 99.50 |
| Upside Target | 100.80 |
| Upside Target | 101.50 |
| Upside Target | 101.95 |
| Upside Target | 104.20 |
Intraday share price targets for Arabian Petroleum (ARABIAN_SM)
| Target Type | Value |
| Downside Intraday Target | 89.4 |
| Downside Intraday Target | 88.75 |
| Upside Intraday Target | 91.35 |
| Upside Intraday Target | 92.65 |
| Upside Intraday Target | 90.7 |
Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 90.05 | 92.00 | 92.00 | 90.05 | 0.122 times |
| 17 Fri May 2024 | 93.75 | 93.00 | 99.50 | 92.50 | 0.206 times |
| 10 Fri May 2024 | 96.15 | 95.00 | 101.95 | 91.30 | 3.98 times |
| 03 Fri May 2024 | 90.20 | 82.55 | 90.65 | 82.00 | 1.429 times |
| 26 Fri Apr 2024 | 85.05 | 84.30 | 86.80 | 80.05 | 1.458 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 Arabian Petroleum (ARABIAN_SM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 90.05 | 83.05 | 101.95 | 83.05 | 2.664 times |
| 30 Tue Apr 2024 | 83.05 | 87.75 | 88.70 | 80.00 | 0.399 times |
| 28 Thu Mar 2024 | 83.75 | 93.50 | 100.80 | 71.05 | 0.805 times |
| 29 Thu Feb 2024 | 94.00 | 94.20 | 104.20 | 90.20 | 1.031 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Arabian Petroleum (ARABIAN_SM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 25, 5 | Sell |
| MACD | 3, 3 | Sell |
| Stochastics | 22 | Sell |
| CCI | -191 | Sell |
| RSI | 58 | Buy |
| OBV | 276000 | Sell |
| VWAP | 97 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Arabian Petroleum ( (ARABIAN_SM) ) 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 Arabian Petroleum ( (ARABIAN_SM) ) 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 Arabian Petroleum ( (ARABIAN_SM) ) 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 Arabian Petroleum ( (ARABIAN_SM) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Arabian Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Arabian Petroleum in short term but the sell signal is initial and weak.
Arabian Petroleum 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 Arabian Petroleum in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Arabian Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 97.09 and Arabian Petroleum (ARABIAN_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Arabian Petroleum (ARABIAN_SM) stock. Volume based technical analysis of Arabian Petroleum (ARABIAN_SM) stock is negative.
Arabian Petroleum 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 Arabian Petroleum charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © munafa.online2024 All Rights reserved.