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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 2024-09-23 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 114400

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	97.20	101.60	101.60	94.50	0.245 times
19 Thu Sep 2024	104.00	100.10	104.00	97.20	0.122 times
18 Wed Sep 2024	103.65	103.00	107.90	103.00	0.192 times
17 Tue Sep 2024	103.00	108.50	110.40	101.25	0.472 times
16 Mon Sep 2024	108.10	104.00	109.30	104.00	0.42 times
13 Fri Sep 2024	105.00	108.00	115.00	104.00	0.822 times
12 Thu Sep 2024	108.40	102.75	112.90	102.75	1.311 times
11 Wed Sep 2024	102.75	93.00	112.00	93.00	2.028 times
10 Tue Sep 2024	94.35	97.50	97.55	93.25	0.245 times
09 Mon Sep 2024	98.05	99.70	100.00	96.80	0.629 times

My analysis of stock is bullish for shortterm, and stock might move up till 103.5 or till 115.1. Use a stoploss of 93.77 and if this stock hits its stoploss, then it can fall down till 84.07

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	75.35
Downside Target	77.00
Downside Target	81.50
Downside Target	85.00
Downside Target	91.60
Downside Target	97.20
Upside Target	99.95
Upside Target	101.60
Upside Target	101.95
Upside Target	110.40
Upside Target	115.00

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	93.93
Downside Intraday Target	90.67
Upside Intraday Target	101.03
Upside Intraday Target	104.87
Upside Intraday Target	97.77

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	97.20	101.60	101.60	94.50	0.203 times
19 Thu Sep 2024	104.00	104.00	110.40	97.20	0.24 times
13 Fri Sep 2024	105.00	99.70	115.00	93.00	1.236 times
06 Fri Sep 2024	97.90	83.80	99.95	82.15	6.132 times
30 Fri Aug 2024	83.85	91.60	91.60	82.05	0.475 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
23 Mon Sep 2024	97.20	83.80	115.00	82.15	3.113 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 up this month, and volume has increased substantially. This means that the move can 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 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 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 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 103.61 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 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.