(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 48000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 93.75 | 92.50 | 95.45 | 92.50 | 0.208 times |
| 16 Thu May 2024 | 94.20 | 94.20 | 94.20 | 94.20 | 0.083 times |
| 15 Wed May 2024 | 95.00 | 96.55 | 96.95 | 95.00 | 0.208 times |
| 14 Tue May 2024 | 96.25 | 96.90 | 99.50 | 94.00 | 0.708 times |
| 13 Mon May 2024 | 94.45 | 93.00 | 97.90 | 93.00 | 0.5 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 96 as stoploss in an intra day sell trade for a target of 90.55. However, stock will show a bullish move above 96.
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 |
| Downside 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 | 91 |
| Downside Intraday Target | 88.25 |
| Upside Intraday Target | 98 |
| Upside Intraday Target | 102.25 |
| Upside Intraday Target | 95.25 |
Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 19 Fri Apr 2024 | 84.30 | 88.70 | 88.70 | 84.05 | 2 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 |
| 17 Fri May 2024 | 93.75 | 83.05 | 101.95 | 83.05 | 2.617 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 | 26, 21, 11 | Buy |
| MACD | 4, 3 | Buy |
| Stochastics | 44 | None |
| CCI | -102 | Sell |
| RSI | 62 | Buy |
| OBV | 286000 | Sell |
| VWAP | 96 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Arabian Petroleum stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Arabian Petroleum in short term and the buy signal is strong.
Arabian Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and the buying is gaining 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 Arabian Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 96.46 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 is giving positive 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.
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