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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 2024-11-29 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 15200

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	88.25	88.15	89.00	88.00	0.658 times
28 Thu Nov 2024	89.90	90.70	90.70	88.05	0.789 times
27 Wed Nov 2024	90.70	90.70	90.70	90.70	0.132 times
25 Mon Nov 2024	89.15	89.00	89.50	89.00	0.526 times
22 Fri Nov 2024	90.95	88.05	90.95	88.00	0.921 times
21 Thu Nov 2024	88.50	88.50	88.50	88.50	0.132 times
19 Tue Nov 2024	90.10	91.90	91.90	89.20	1.447 times
18 Mon Nov 2024	91.45	84.05	91.50	84.05	1.974 times
14 Thu Nov 2024	84.30	81.55	85.30	81.55	2.5 times
13 Wed Nov 2024	85.50	86.50	86.50	85.00	1.053 times

My analysis of stock is bullish for shortterm, and stock might move up till 90 or till 92.9. Use a stoploss of 87.63 and if this stock hits its stoploss, then it can fall down till 85.25

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	88.00
Upside Target	89.00
Upside 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	87.27
Downside Intraday Target	86.28
Upside Intraday Target	89.97
Upside Intraday Target	91.68
Upside Intraday Target	88.98

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	88.25	89.00	90.70	88.00	0.471 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
29 Fri Nov 2024	88.25	85.90	91.90	81.55	0.533 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 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 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 SELL. 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.

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 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 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 88.33 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 negative.

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