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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 2024-10-03 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 22600

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	92.00	95.00	95.00	92.00	0.531 times
30 Mon Sep 2024	95.75	95.95	96.85	92.60	0.619 times
27 Fri Sep 2024	95.95	91.80	96.45	91.80	0.619 times
26 Thu Sep 2024	93.55	93.50	93.55	93.50	0.177 times
25 Wed Sep 2024	97.00	99.85	100.90	96.15	0.619 times
24 Tue Sep 2024	97.50	96.30	101.45	96.30	0.619 times
23 Mon Sep 2024	97.20	101.60	101.60	94.50	1.239 times
19 Thu Sep 2024	104.00	100.10	104.00	97.20	0.619 times
18 Wed Sep 2024	103.65	103.00	107.90	103.00	0.973 times
17 Tue Sep 2024	103.00	108.50	110.40	101.25	2.389 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 89.8 as stoploss in an intra day buy trade for a target of 97.21. However, stock will show a bearish move below 89.8.

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	75.35
Downside Target	77.00
Downside Target	82.15
Downside Target	85.00
Downside Target	91.60
Upside Target	95.00
Upside Target	96.85
Upside Target	97.20
Upside Target	99.95
Upside Target	101.60
Upside Target	110.40
Upside Target	115.00

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	90.38
Downside Intraday Target	88.77
Upside Intraday Target	95.23
Upside Intraday Target	98.47
Upside Intraday Target	93.62

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	92.00	95.95	96.85	92.00	0.351 times
27 Fri Sep 2024	95.95	101.60	101.60	91.80	0.536 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

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
03 Thu Oct 2024	92.00	95.00	95.00	92.00	0.009 times
30 Mon Sep 2024	95.75	83.80	115.00	82.15	3.268 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

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 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 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 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 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 weakening, and bulls 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 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

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 99.5 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.