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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 2024-11-22 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 16400

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	90.95	88.05	90.95	88.00	0.854 times
21 Thu Nov 2024	88.50	88.50	88.50	88.50	0.122 times
19 Tue Nov 2024	90.10	91.90	91.90	89.20	1.341 times
18 Mon Nov 2024	91.45	84.05	91.50	84.05	1.829 times
14 Thu Nov 2024	84.30	81.55	85.30	81.55	2.317 times
13 Wed Nov 2024	85.50	86.50	86.50	85.00	0.976 times
08 Fri Nov 2024	89.00	88.90	89.00	87.05	0.488 times
07 Thu Nov 2024	88.80	86.05	88.80	86.05	1.341 times
05 Tue Nov 2024	87.90	87.90	87.90	87.90	0.122 times
04 Mon Nov 2024	88.00	83.60	88.00	83.60	0.976 times

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 91.9, for a target of 89.2 or 86.92

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	91.60
Upside Target	91.90
Upside Target	95.90
Upside Target	115.00

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	86.03
Downside Intraday Target	81.12
Upside Intraday Target	93.88
Upside Intraday Target	96.82
Downside Intraday Target	88.97

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	90.95	84.05	91.90	84.05	1.259 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
22 Fri Nov 2024	90.95	85.90	91.90	81.55	0.452 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing 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 88.22 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.