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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)

Showing technical analysis as on 2024-08-28 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 23400

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	82.80	84.10	84.50	82.55	0.94 times
27 Tue Aug 2024	84.70	86.65	86.65	84.20	0.684 times
26 Mon Aug 2024	84.75	91.60	91.60	84.55	0.94 times
23 Fri Aug 2024	88.25	88.00	90.50	88.00	1.197 times
22 Thu Aug 2024	87.20	85.60	90.00	85.60	2.735 times
21 Wed Aug 2024	85.35	83.00	86.90	83.00	1.709 times
20 Tue Aug 2024	83.00	82.00	83.00	81.55	0.598 times
19 Mon Aug 2024	81.90	80.75	82.00	80.60	0.598 times
16 Fri Aug 2024	81.30	81.45	82.85	81.05	1.111 times
14 Wed Aug 2024	80.05	81.00	81.00	80.05	0.171 times

My analysis of stock is bullish for shortterm, and stock might move up till 84.9 or till 87.6. Use a stoploss of 82.62 and if this stock hits its stoploss, then it can fall down till 80.35

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	75.35
Downside Target	77.00
Downside Target	80.00
Upside 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	79.7
Downside Intraday Target	76.6
Upside Intraday Target	88.75
Upside Intraday Target	94.7
Upside Intraday Target	85.65

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	82.80	91.60	91.60	82.55	0.375 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
28 Wed Aug 2024	82.80	81.25	91.60	77.00	0.772 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Arabian Petroleum ( (ARABIAN_SM) ) based on a short 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.

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 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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 85 and Arabian Petroleum (ARABIAN_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.