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 2024-10-04 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 19000

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	91.00	92.30	95.90	91.00	2.105 times
03 Thu Oct 2024	92.00	95.00	95.00	92.00	0.632 times
30 Mon Sep 2024	95.75	95.95	96.85	92.60	0.737 times
27 Fri Sep 2024	95.95	91.80	96.45	91.80	0.737 times
26 Thu Sep 2024	93.55	93.50	93.55	93.50	0.211 times
25 Wed Sep 2024	97.00	99.85	100.90	96.15	0.737 times
24 Tue Sep 2024	97.50	96.30	101.45	96.30	0.737 times
23 Mon Sep 2024	97.20	101.60	101.60	94.50	1.474 times
19 Thu Sep 2024	104.00	100.10	104.00	97.20	0.737 times
18 Wed Sep 2024	103.65	103.00	107.90	103.00	1.158 times

Stock of Arabian Petroleum (ARABIAN_SM) has showed a significant fall. This could be a good time to exit from this stock.

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 90.8 as stoploss in an intra day buy trade for a target of 97.6. However, stock will show a bearish move below 90.8.

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	91.00
Upside Target	95.90
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	89.05
Downside Intraday Target	87.1
Upside Intraday Target	94.9
Upside Intraday Target	98.8
Upside Intraday Target	92.95

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	91.00	95.95	96.85	91.00	0.892 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
04 Fri Oct 2024	91.00	95.00	95.90	91.00	0.041 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 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 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 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 and the buying is gaining 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 96.49 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.