(GURE) Gulf Resources complete technical analysis [charts+indicators] | Buy/Sell Gulf Resources | (GURE) share price targets
Complete technical analysis of Gulf Resources (GURE) by charts plus indicators, forecast predictions and share price targets for Gulf Resources (GURE)
Gulf Resources trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-03-05 View latest technical analysis
10 day averaged volume of Gulf Resources is 20900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.37 | 1.36 | 1.40 | 1.33 | 0.096 times |
| 04 Mon Mar 2024 | 1.39 | 1.40 | 1.41 | 1.39 | 0.555 times |
| 01 Fri Mar 2024 | 1.40 | 1.29 | 1.42 | 1.25 | 1.1 times |
| 29 Thu Feb 2024 | 1.30 | 1.32 | 1.36 | 1.30 | 1.292 times |
| 28 Wed Feb 2024 | 1.35 | 1.35 | 1.36 | 1.33 | 1.019 times |
| 27 Tue Feb 2024 | 1.35 | 1.29 | 1.36 | 1.29 | 0.569 times |
| 26 Mon Feb 2024 | 1.33 | 1.33 | 1.38 | 1.32 | 0.239 times |
| 23 Fri Feb 2024 | 1.38 | 1.30 | 1.39 | 1.30 | 1.057 times |
| 22 Thu Feb 2024 | 1.39 | 1.35 | 1.39 | 1.33 | 1.086 times |
| 21 Wed Feb 2024 | 1.40 | 1.30 | 1.41 | 1.28 | 1.493 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.4 as stoploss in an intra day sell trade for a target of 1.32. However, stock will show a bullish move above 1.4.
Share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Target | 0.85 |
| Downside Target | 1.12 |
| Downside Target | 1.15 |
| Downside Target | 1.25 |
| Downside Target | 1.33 |
| Upside Target | 1.41 |
| Upside Target | 1.42 |
| Upside Target | 1.48 |
| Upside Target | 1.66 |
| Upside Target | 1.72 |
| Upside Target | 1.88 |
Intraday share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Intraday Target | 1.33 |
| Downside Intraday Target | 1.29 |
| Upside Intraday Target | 1.41 |
| Upside Intraday Target | 1.45 |
| Downside Intraday Target | 1.37 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.37 | 1.40 | 1.41 | 1.33 | 0.154 times |
| 01 Fri Mar 2024 | 1.40 | 1.33 | 1.42 | 1.25 | 0.808 times |
| 23 Fri Feb 2024 | 1.38 | 1.42 | 1.42 | 1.28 | 0.724 times |
| 16 Fri Feb 2024 | 1.42 | 1.16 | 1.48 | 1.16 | 4.425 times |
| 09 Fri Feb 2024 | 1.23 | 1.16 | 1.26 | 1.15 | 0.95 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 Gulf Resources (GURE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.37 | 1.29 | 1.42 | 1.25 | 0.095 times |
| 29 Thu Feb 2024 | 1.30 | 1.23 | 1.48 | 1.12 | 0.847 times |
| 31 Wed Jan 2024 | 1.20 | 1.65 | 1.72 | 0.85 | 0.976 times |
| 29 Fri Dec 2023 | 1.65 | 1.54 | 1.66 | 1.15 | 1.28 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 Gulf Resources (GURE)
Price action analysis of Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) based on a mid to longer 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.
ADX buy sell signal for Gulf Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Gulf Resources 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.
Gulf Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 Gulf Resources in short term but SELL signal is weak.
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 Gulf Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.37 and Gulf Resources (GURE) 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 Gulf Resources (GURE) stock. Volume based technical analysis of Gulf Resources (GURE) stock is negative.
Gulf Resources 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.
Price action analysis of Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) based on a mid to longer 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.
ADX buy sell signal for Gulf Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Gulf Resources 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.
Gulf Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 Gulf Resources in short term but SELL signal is weak.
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 Gulf Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.37 and Gulf Resources (GURE) 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 Gulf Resources (GURE) stock. Volume based technical analysis of Gulf Resources (GURE) stock is negative.
Gulf Resources 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.