Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-08-26 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 22200

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	84.75	91.60	91.60	84.55	0.991 times
23 Fri Aug 2024	88.25	88.00	90.50	88.00	1.261 times
22 Thu Aug 2024	87.20	85.60	90.00	85.60	2.883 times
21 Wed Aug 2024	85.35	83.00	86.90	83.00	1.802 times
20 Tue Aug 2024	83.00	82.00	83.00	81.55	0.631 times
19 Mon Aug 2024	81.90	80.75	82.00	80.60	0.631 times
16 Fri Aug 2024	81.30	81.45	82.85	81.05	1.171 times
14 Wed Aug 2024	80.05	81.00	81.00	80.05	0.18 times
13 Tue Aug 2024	80.50	81.50	81.50	80.50	0.27 times
12 Mon Aug 2024	81.50	81.95	82.45	81.50	0.631 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 84.6, but if it comes below 84.6, then a intra day sell could be more profitable.
If you take a sell trade below 84.6, then use 84.6 as stoploss and 82.37 as target. However if you take a buy trade in stock , then use 84.6 as stoploss and 87.4 as target.

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	75.35
Downside Target	77.00
Downside Target	80.00
Downside Target	84.70
Upside Target	85.00
Upside Target	86.00
Upside Target	88.70
Upside Target	90.50
Upside Target	91.60
Upside Target	101.95

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	82.33
Downside Intraday Target	79.92
Upside Intraday Target	89.38
Upside Intraday Target	94.02
Upside Intraday Target	86.97

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	84.75	91.60	91.60	84.55	0.138 times
23 Fri Aug 2024	88.25	80.75	90.50	80.60	3.2 times
16 Fri Aug 2024	81.30	81.95	82.85	80.05	0.595 times
09 Fri Aug 2024	81.00	81.90	84.70	77.00	1.2 times
02 Fri Aug 2024	82.95	82.20	83.15	80.25	0.522 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
26 Mon Aug 2024	84.75	81.25	91.60	77.00	0.693 times
31 Wed Jul 2024	82.50	85.00	85.00	77.00	1.586 times
28 Fri Jun 2024	84.20	85.10	86.00	75.35	0.429 times
31 Fri May 2024	84.95	83.05	101.95	81.50	3.308 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 Arabian Petroleum (ARABIAN_SM)

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 BUY. Signal strength is Strong and stock is losing momentum.

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

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 84.9 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.