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

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

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Abanfshore is 184941

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	66.50	66.25	66.50	63.40	1.046 times
05 Fri Apr 2024	63.35	63.35	63.35	63.35	0.496 times
04 Thu Apr 2024	60.35	60.00	60.35	59.25	0.431 times
03 Wed Apr 2024	57.50	57.30	57.50	56.25	0.504 times
02 Tue Apr 2024	54.80	53.00	54.80	53.00	0.522 times
01 Mon Apr 2024	52.20	51.40	52.20	50.05	0.467 times
28 Thu Mar 2024	49.75	49.20	51.25	49.00	2.021 times
27 Wed Mar 2024	48.85	51.75	51.75	48.75	2.228 times
26 Tue Mar 2024	51.30	52.90	53.50	51.05	1.071 times
22 Fri Mar 2024	52.65	52.85	54.00	52.00	1.222 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.5, but if it comes below 62.5, then a intra day sell could be more profitable.
If you take a sell trade below 62.5, then use 62.5 as stoploss and 56.83 as target. However if you take a buy trade in stock , then use 62.5 as stoploss and 69.2 as target.

Share price targets for Abanfshore (ABAN_BE)

Target Type	Value
Downside Target	48.75
Downside Target	50.05
Downside Target	52.00
Downside Target	53.50
Downside Target	56.15
Downside Target	63.00
Downside Target	63.40
Downside Target	66.50
Upside Target	67.00
Upside Target	68.30
Upside Target	75.90
Upside Target	87.80

Intraday share price targets for Abanfshore (ABAN_BE)

Target Type	Value
Downside Intraday Target	64.43
Downside Intraday Target	62.37
Upside Intraday Target	67.53
Upside Intraday Target	68.57
Downside Intraday Target	65.47

Weekly technical analysis of Abanfshore (ABAN_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	66.50	66.25	66.50	63.40	0.432 times
05 Fri Apr 2024	63.35	51.40	63.35	50.05	0.455 times
28 Thu Mar 2024	49.75	52.90	53.50	48.75	1.287 times
22 Fri Mar 2024	52.65	53.50	56.15	52.00	0.852 times
15 Fri Mar 2024	53.50	68.20	68.30	53.50	1.459 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 Abanfshore (ABAN_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	66.50	51.40	66.50	50.05	0.189 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
25 Thu Jan 2024	62.50	53.35	63.00	52.35	1.45 times

Scroll below to view daily charts

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 Abanfshore (ABAN_BE)

Price action analysis of Abanfshore ( (ABAN_BE) ) 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 Abanfshore ( (ABAN_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Abanfshore ( (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 Abanfshore stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Abanfshore 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.

Abanfshore Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Abanfshore in short term and BUY 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 Abanfshore is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.72 and Abanfshore (ABAN_BE) 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 Abanfshore (ABAN_BE) stock. Volume based technical analysis of Abanfshore (ABAN_BE) stock is negative.

Abanfshore 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.