Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-02 View latest technical analysis

10 day averaged volume of Arabian Petroleum is 11800

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	88.20	83.05	90.00	83.05	4.068 times
30 Tue Apr 2024	83.05	82.65	84.00	82.00	1.017 times
29 Mon Apr 2024	83.50	82.55	83.50	82.55	0.678 times
26 Fri Apr 2024	85.05	85.05	85.05	85.05	0.339 times
25 Thu Apr 2024	85.85	86.80	86.80	85.00	1.356 times
24 Wed Apr 2024	85.00	85.00	85.00	85.00	0.508 times
23 Tue Apr 2024	85.00	84.00	85.00	84.00	0.847 times
22 Mon Apr 2024	84.80	84.30	85.95	80.05	2.881 times
19 Fri Apr 2024	84.30	84.30	84.30	84.30	0.169 times
18 Thu Apr 2024	84.05	84.05	84.20	84.05	0.678 times

Stock of Arabian Petroleum (ARABIAN_SM) has showed a significant upmove. This could be a good time to enter in this stock!

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 88.4, for a target of 86.7 or 85.33

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	86.80
Upside Target	88.70
Upside Target	90.00
Upside Target	90.20
Upside Target	92.00
Upside Target	100.80
Upside Target	101.50
Upside Target	104.20

Intraday share price targets for Arabian Petroleum (ARABIAN_SM)

Target Type	Value
Downside Intraday Target	83.47
Downside Intraday Target	78.73
Upside Intraday Target	91.47
Upside Intraday Target	94.73
Downside Intraday Target	86.73

Weekly technical analysis of Arabian Petroleum (ARABIAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	88.20	82.55	90.00	82.00	0.971 times
26 Fri Apr 2024	85.05	84.30	86.80	80.05	1.458 times
19 Fri Apr 2024	84.30	88.70	88.70	84.05	2 times
12 Fri Apr 2024	85.70	87.95	87.95	80.00	0.462 times
05 Fri Apr 2024	86.05	87.75	88.50	85.00	0.542 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
02 Thu May 2024	88.20	83.05	90.00	83.05	0.224 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, 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 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 85.79 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.