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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 2024-10-16 View latest technical analysis

10 day averaged volume of Asian Petro is 1102

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	21.45	21.26	22.25	20.51	0.447 times
15 Tue Oct 2024	21.26	22.20	22.20	21.26	1.672 times
14 Mon Oct 2024	22.28	21.58	22.50	21.04	0.586 times
11 Fri Oct 2024	21.80	21.81	22.40	20.90	0.611 times
10 Thu Oct 2024	21.80	21.80	21.80	21.80	0.115 times
09 Wed Oct 2024	21.80	22.75	22.75	21.03	0.687 times
08 Tue Oct 2024	22.00	21.50	22.50	20.60	1.871 times
07 Mon Oct 2024	21.50	21.50	21.50	20.86	0.91 times
03 Thu Oct 2024	21.64	21.00	22.23	20.50	2.885 times
01 Tue Oct 2024	21.50	22.50	22.50	20.67	0.564 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.5, but if it comes above 21.5, then a intra day buy could be more profitable.
If you take a sell trade below 21.5, then use 21.5 as stoploss and 21.1 as target. However if you take a buy trade in stock , then use 21.5 as stoploss and 21.85 as target.

Share price targets for Asian Petro (AsianPetro)

Target Type	Value
Downside Target	13.32
Downside Target	14.17
Downside Target	16.98
Downside Target	19.72
Downside Target	20.31
Upside Target	22.50
Upside Target	22.75
Upside Target	23.40
Upside Target	23.50
Upside Target	25.53
Upside Target	27.45

Intraday share price targets for Asian Petro (AsianPetro)

Target Type	Value
Downside Intraday Target	20.47
Downside Intraday Target	19.5
Upside Intraday Target	22.46
Upside Intraday Target	23.48
Upside Intraday Target	21.49

Weekly technical analysis of Asian Petro (AsianPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	21.45	21.58	22.50	20.51	0.645 times
11 Fri Oct 2024	21.80	21.50	22.75	20.60	1.181 times
03 Thu Oct 2024	21.64	22.70	22.70	20.50	0.283 times
27 Fri Sep 2024	21.91	21.88	23.40	21.00	0.515 times
20 Fri Sep 2024	21.88	21.90	23.50	20.87	1.106 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
16 Wed Oct 2024	21.45	22.50	22.75	20.50	0.126 times
30 Mon Sep 2024	21.75	22.60	23.50	20.31	0.49 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

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 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 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 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 SELL. 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Asian Petro 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 21.67 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.