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(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 16400

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 88.50 88.50 88.50 88.50 0.122 times
19 Tue Nov 2024 90.10 91.90 91.90 89.20 1.341 times
18 Mon Nov 2024 91.45 84.05 91.50 84.05 1.829 times
14 Thu Nov 2024 84.30 81.55 85.30 81.55 2.317 times
13 Wed Nov 2024 85.50 86.50 86.50 85.00 0.976 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 88.7 as stoploss in an intra day sell trade for a target of 86.58. However, stock will show a bullish move above 88.7.

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type Value
Downside Target 77.00
Downside Target 81.55
Downside Target 86.20
Downside Target 86.50
Downside Target 86.80
Upside Target 89.00
Upside Target 91.60
Upside Target 91.90
Upside Target 95.90
Upside Target 115.00

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type Value
Downside Intraday Target 84.4
Downside Intraday Target 80.3
Upside Intraday Target 92.25
Upside Intraday Target 96
Downside Intraday Target 88.15

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 88.50 84.05 91.90 84.05 1 times
14 Thu Nov 2024 84.30 86.50 86.50 81.55 1.125 times
08 Fri Nov 2024 89.00 83.60 89.00 83.60 1.714 times
01 Fri Nov 2024 85.20 86.20 86.20 83.50 0.519 times
30 Wed Oct 2024 84.15 86.80 86.80 83.65 0.871 times

Price has moved up 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
21 Thu Nov 2024 88.50 85.90 91.90 81.55 0.406 times
31 Thu Oct 2024 85.50 95.00 95.90 83.50 0.319 times
30 Mon Sep 2024 95.75 83.80 115.00 82.15 3.268 times
30 Fri Aug 2024 83.85 81.25 91.60 77.00 0.805 times

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 Arabian Petroleum (ARABIAN_SM)

Indicator Name Indicator Value Indicator Signal
ADX 24, 26, 3 Sell
MACD -0, -1Buy
Stochastics 83Buy
CCI 48Sell
RSI 60Buy
OBV -28000Sell
VWAP 88Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Arabian Petroleum ( (ARABIAN_SM) ) based on a short 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 short 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 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 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 Arabian Petroleum stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Arabian Petroleum in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Arabian Petroleum Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

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 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 87.84 and Arabian Petroleum (ARABIAN_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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