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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 2024-12-12 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 11400

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	87.00	87.00	87.00	87.00	0.175 times
11 Wed Dec 2024	87.25	87.20	88.50	87.15	1.053 times
10 Tue Dec 2024	87.50	87.10	88.65	86.90	1.404 times
09 Mon Dec 2024	88.00	88.00	88.00	88.00	0.175 times
06 Fri Dec 2024	87.00	89.40	89.40	87.00	1.053 times
05 Thu Dec 2024	87.20	87.20	87.20	87.20	0.175 times
04 Wed Dec 2024	87.20	87.50	87.50	87.20	0.702 times
03 Tue Dec 2024	87.00	86.00	87.00	86.00	1.228 times
02 Mon Dec 2024	86.25	88.05	88.05	86.00	2.281 times
29 Fri Nov 2024	88.25	88.15	89.00	88.00	0.877 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 86.3 as stoploss in an intra day buy trade for a target of 88.11. However, stock will show a bearish move below 86.3.

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	77.00
Downside Target	81.55
Downside Target	86.00
Upside Target	89.40
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	86.38
Downside Intraday Target	85.77
Upside Intraday Target	88.13
Upside Intraday Target	89.27
Upside Intraday Target	87.52

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	87.00	88.00	88.65	86.90	0.516 times
06 Fri Dec 2024	87.00	88.05	89.40	86.00	1.938 times
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

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
12 Thu Dec 2024	87.00	88.05	89.40	86.00	0.448 times
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

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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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

Stock of Arabian Petroleum is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.08 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.