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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)

10 day averaged volume of Arabian Petroleum is 17600

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	93.05	95.00	95.00	93.05	0.795 times
27 Mon May 2024	93.95	94.95	98.10	93.00	2.045 times
24 Fri May 2024	92.20	90.65	93.95	90.65	0.682 times
23 Thu May 2024	90.70	92.00	92.00	90.00	0.909 times
22 Wed May 2024	90.05	92.00	92.00	90.05	0.568 times
17 Fri May 2024	93.75	92.50	95.45	92.50	0.568 times
16 Thu May 2024	94.20	94.20	94.20	94.20	0.227 times
15 Wed May 2024	95.00	96.55	96.95	95.00	0.568 times
14 Tue May 2024	96.25	96.90	99.50	94.00	1.932 times
13 Mon May 2024	94.45	93.00	97.90	93.00	1.364 times

My analysis of stock is bullish for shortterm, and stock might move up till 96.7 or till 102. Use a stoploss of 92.3 and if this stock hits its stoploss, then it can fall down till 87.88

Share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Target	71.05
Downside Target	80.00
Downside Target	82.00
Downside Target	88.70
Upside Target	93.95
Upside Target	98.10
Upside Target	99.50
Upside Target	100.80
Upside Target	101.50
Upside Target	101.95
Upside Target	104.20

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	91.33
Downside Intraday Target	89.62
Upside Intraday Target	96.43
Upside Intraday Target	99.82
Upside Intraday Target	94.72

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	93.05	94.95	98.10	93.00	1.316 times
24 Fri May 2024	92.20	92.00	93.95	90.00	0.463 times
17 Fri May 2024	93.75	93.00	99.50	92.50	0.206 times
10 Fri May 2024	96.15	95.00	101.95	91.30	3.98 times
03 Fri May 2024	90.20	82.55	90.65	82.00	1.429 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
28 Tue May 2024	93.05	83.05	101.95	83.05	3.028 times
30 Tue Apr 2024	83.05	87.75	88.70	80.00	0.399 times
28 Thu Mar 2024	83.75	93.50	100.80	71.05	0.805 times
29 Thu Feb 2024	94.00	94.20	104.20	90.20	1.031 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Arabian Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Arabian Petroleum in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 93.8 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 positive

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