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 2024-10-14 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 15600

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	86.90	89.85	89.85	84.60	5.128 times
11 Fri Oct 2024	88.00	91.30	91.30	87.50	1.538 times
09 Wed Oct 2024	90.75	90.75	90.75	90.75	0.128 times
08 Tue Oct 2024	90.75	87.50	90.75	87.00	1.026 times
07 Mon Oct 2024	88.00	93.20	93.20	88.00	1.026 times
04 Fri Oct 2024	91.00	92.30	95.90	91.00	2.564 times
03 Thu Oct 2024	92.00	95.00	95.00	92.00	0.769 times
30 Mon Sep 2024	95.75	95.95	96.85	92.60	0.897 times
27 Fri Sep 2024	95.95	91.80	96.45	91.80	0.897 times
26 Thu Sep 2024	93.55	93.50	93.55	93.50	0.256 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 90.3, but if it comes above 90.3, then a intra day buy could be more profitable.
If you take a sell trade below 90.3, then use 90.3 as stoploss and 82.2 as target. However if you take a buy trade in stock , then use 90.3 as stoploss and 96.96 as target.

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	84.60
Upside Target	89.85
Upside Target	93.20
Upside Target	95.90
Upside Target	96.85
Upside Target	97.20
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	84.38
Downside Intraday Target	81.87
Upside Intraday Target	89.63
Upside Intraday Target	92.37
Upside Intraday Target	87.12

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	86.90	89.85	89.85	84.60	1.379 times
11 Fri Oct 2024	88.00	93.20	93.20	87.00	0.879 times
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

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
14 Mon Oct 2024	86.90	95.00	95.90	84.60	0.15 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 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 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 Strong and stock is gaining momentum.

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

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 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 89.67 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.