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(AsianPetro) Asian Petro complete technical analysis [charts+indicators] | Buy/Sell Asian Petro | (AsianPetro) share price targets

Complete technical analysis of Asian Petro (AsianPetro) by charts plus indicators, forecast predictions and share price targets for Asian Petro (AsianPetro)

Showing technical analysis as on 2024-09-09 View latest technical analysis

10 day averaged volume of Asian Petro is 5831

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	20.95	21.98	21.98	20.92	0.501 times
06 Fri Sep 2024	21.98	21.50	22.55	20.57	0.947 times
05 Thu Sep 2024	21.55	21.55	21.55	21.55	0.622 times
04 Wed Sep 2024	20.53	21.40	22.00	20.31	0.734 times
03 Tue Sep 2024	21.31	21.48	23.50	21.28	1.908 times
02 Mon Sep 2024	22.40	22.60	22.60	21.50	0.133 times
30 Fri Aug 2024	22.60	22.59	22.60	21.52	0.178 times
29 Thu Aug 2024	22.59	22.59	23.44	22.59	0.393 times
28 Wed Aug 2024	22.59	24.30	24.30	22.30	1.536 times
27 Tue Aug 2024	23.15	22.05	23.15	21.02	2.292 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21, but if it comes above 21, then a intra day buy could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 20 as target. However if you take a buy trade in stock , then use 21 as stoploss and 21.84 as target.

Share price targets for Asian Petro (AsianPetro)

Target Type	Value
Downside Target	13.32
Downside Target	14.03
Downside Target	16.22
Downside Target	16.98
Downside Target	19.72
Downside Target	20.92
Upside Target	21.98
Upside Target	22.50
Upside Target	23.50
Upside Target	24.30
Upside Target	25.53
Upside Target	27.45

Intraday share price targets for Asian Petro (AsianPetro)

Target Type	Value
Downside Intraday Target	20.59
Downside Intraday Target	20.22
Upside Intraday Target	21.65
Upside Intraday Target	22.34
Upside Intraday Target	21.28

Weekly technical analysis of Asian Petro (AsianPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	20.95	21.98	21.98	20.92	0.115 times
06 Fri Sep 2024	21.98	22.60	23.50	20.31	0.768 times
30 Fri Aug 2024	22.60	21.00	24.30	19.96	1.264 times
23 Fri Aug 2024	21.00	21.89	22.50	19.72	0.72 times
16 Fri Aug 2024	21.89	22.68	24.30	20.30	0.484 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 Asian Petro (AsianPetro)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	20.95	22.60	23.50	20.31	0.153 times
30 Fri Aug 2024	22.60	24.31	25.53	19.72	0.248 times
31 Wed Jul 2024	24.81	15.50	27.45	14.17	5.852 times
28 Fri Jun 2024	14.51	15.10	16.98	13.32	1.764 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 Asian Petro (AsianPetro)

Price action analysis of Asian Petro ( (AsianPetro) ) 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 Asian Petro ( (AsianPetro) ) based on a short 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 Asian Petro ( (AsianPetro) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Asian Petro ( (AsianPetro) ) 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 Asian Petro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Asian Petro 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Asian Petro in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Asian Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.08 and Asian Petro (AsianPetro) 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 Asian Petro (AsianPetro) stock. Volume based technical analysis of Asian Petro (AsianPetro) stock is negative.

Asian Petro 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.