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 2024-09-26 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 67000

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	93.55	93.50	93.55	93.50	0.06 times
25 Wed Sep 2024	97.00	99.85	100.90	96.15	0.209 times
24 Tue Sep 2024	97.50	96.30	101.45	96.30	0.209 times
23 Mon Sep 2024	97.20	101.60	101.60	94.50	0.418 times
19 Thu Sep 2024	104.00	100.10	104.00	97.20	0.209 times
18 Wed Sep 2024	103.65	103.00	107.90	103.00	0.328 times
17 Tue Sep 2024	103.00	108.50	110.40	101.25	0.806 times
16 Mon Sep 2024	108.10	104.00	109.30	104.00	0.716 times
13 Fri Sep 2024	105.00	108.00	115.00	104.00	1.403 times
12 Thu Sep 2024	108.40	102.75	112.90	102.75	2.239 times

My analysis of stock is bearish for shortterm, and stock might move down till 86.7 or till 76.1. Use a stoploss of 95.56 and if the stock hits stoploss, then it can shoot up till 104.39

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
Upside 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	90.83
Downside Intraday Target	88.12
Upside Intraday Target	98.93
Upside Intraday Target	104.32
Upside Intraday Target	96.22

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	93.55	101.60	101.60	93.50	0.435 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
26 Thu Sep 2024	93.55	83.80	115.00	82.15	3.196 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 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 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 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 105.06 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.