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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 2024-09-04 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 23400

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	83.00	82.80	83.00	82.80	0.256 times
03 Tue Sep 2024	83.25	84.00	84.55	82.15	0.769 times
02 Mon Sep 2024	83.85	83.80	83.95	83.80	0.342 times
30 Fri Aug 2024	83.85	83.85	83.90	83.85	0.342 times
29 Thu Aug 2024	83.00	83.95	84.00	82.05	0.342 times
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

My analysis of stock is bearish for shortterm, and stock might move down till 80.9 or till 78.3. Use a stoploss of 83.04 and if the stock hits stoploss, then it can shoot up till 85.2

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	75.35
Downside Target	77.00
Downside Target	80.05
Upside Target	84.55
Upside Target	84.70
Upside Target	85.00
Upside Target	86.00
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	81.92
Downside Intraday Target	80.83
Upside Intraday Target	84.32
Upside Intraday Target	85.63
Upside Intraday Target	83.23

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	83.00	83.80	84.55	82.15	0.421 times
30 Fri Aug 2024	83.85	91.60	91.60	82.05	0.475 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

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
04 Wed Sep 2024	83.00	83.80	84.55	82.15	0.082 times
30 Fri Aug 2024	83.85	81.25	91.60	77.00	0.805 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

Scroll below to view daily charts

Price has moved down 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Arabian Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Arabian Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing 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 85.48 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 has given negative 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.