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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 2024-11-27 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 16200

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	90.70	90.70	90.70	90.70	0.123 times
25 Mon Nov 2024	89.15	89.00	89.50	89.00	0.494 times
22 Fri Nov 2024	90.95	88.05	90.95	88.00	0.864 times
21 Thu Nov 2024	88.50	88.50	88.50	88.50	0.123 times
19 Tue Nov 2024	90.10	91.90	91.90	89.20	1.358 times
18 Mon Nov 2024	91.45	84.05	91.50	84.05	1.852 times
14 Thu Nov 2024	84.30	81.55	85.30	81.55	2.346 times
13 Wed Nov 2024	85.50	86.50	86.50	85.00	0.988 times
08 Fri Nov 2024	89.00	88.90	89.00	87.05	0.494 times
07 Thu Nov 2024	88.80	86.05	88.80	86.05	1.358 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.8, but if it comes below 89.8, then a intra day sell could be more profitable.
If you take a sell trade below 89.8, then use 89.8 as stoploss and 87.44 as target. However if you take a buy trade in stock , then use 89.8 as stoploss and 92.6 as target.

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	77.00
Downside Target	81.55
Downside Target	86.80
Downside Target	89.00
Downside Target	90.70
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	89.57
Downside Intraday Target	88.43
Upside Intraday Target	91.27
Upside Intraday Target	91.83
Downside Intraday Target	90.13

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	90.70	89.00	90.70	89.00	0.147 times
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

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
27 Wed Nov 2024	90.70	85.90	91.90	81.55	0.477 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 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 and the buy signal is strong.

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 stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 88.32 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 positive

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