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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 2024-11-18 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 15000

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	91.45	84.05	91.50	84.05	2 times
14 Thu Nov 2024	84.30	81.55	85.30	81.55	2.533 times
13 Wed Nov 2024	85.50	86.50	86.50	85.00	1.067 times
08 Fri Nov 2024	89.00	88.90	89.00	87.05	0.533 times
07 Thu Nov 2024	88.80	86.05	88.80	86.05	1.467 times
05 Tue Nov 2024	87.90	87.90	87.90	87.90	0.133 times
04 Mon Nov 2024	88.00	83.60	88.00	83.60	1.067 times
01 Fri Nov 2024	85.20	85.90	86.00	85.20	0.533 times
31 Thu Oct 2024	85.50	83.50	85.95	83.50	0.667 times
30 Wed Oct 2024	84.15	86.20	86.20	84.15	0.667 times

Stock of Arabian Petroleum (ARABIAN_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 90.8, for a target of 88.4 or 86.49

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	77.00
Downside Target	81.55
Downside Target	86.50
Downside Target	86.80
Downside Target	87.90
Downside Target	89.00
Upside Target	91.50
Upside Target	91.60
Upside Target	95.90
Upside Target	115.00

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	86.5
Downside Intraday Target	81.55
Upside Intraday Target	93.95
Upside Intraday Target	96.45
Downside Intraday Target	89

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	91.45	84.05	91.50	84.05	0.556 times
14 Thu Nov 2024	84.30	86.50	86.50	81.55	1.125 times
08 Fri Nov 2024	89.00	83.60	89.00	83.60	0.667 times
01 Fri Nov 2024	85.20	86.80	86.80	83.50	1.161 times
25 Fri Oct 2024	85.25	84.50	87.90	84.20	0.392 times

Price has moved up 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
18 Mon Nov 2024	91.45	85.90	91.50	81.55	0.355 times
31 Thu Oct 2024	85.50	95.00	95.90	83.50	0.311 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Arabian Petroleum ( (ARABIAN_SM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Arabian Petroleum ( (ARABIAN_SM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Arabian Petroleum in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Arabian Petroleum in short term and BUY 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 87.14 and Arabian Petroleum (ARABIAN_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.