(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 2024-07-29 View latest technical analysis
10 day averaged volume of Gulf Resources is 9265
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 1.09 | 1.10 | 1.10 | 1.08 | 0.486 times |
| 26 Fri Jul 2024 | 1.09 | 1.07 | 1.10 | 1.07 | 0.194 times |
| 25 Thu Jul 2024 | 1.08 | 1.10 | 1.12 | 1.07 | 0.496 times |
| 24 Wed Jul 2024 | 1.08 | 1.07 | 1.10 | 1.06 | 3.011 times |
| 23 Tue Jul 2024 | 1.12 | 1.11 | 1.14 | 1.09 | 0.68 times |
| 22 Mon Jul 2024 | 1.11 | 1.11 | 1.11 | 1.09 | 1.176 times |
| 19 Fri Jul 2024 | 1.12 | 1.15 | 1.15 | 1.11 | 0.34 times |
| 18 Thu Jul 2024 | 1.18 | 1.18 | 1.18 | 1.16 | 0.162 times |
| 17 Wed Jul 2024 | 1.18 | 1.18 | 1.19 | 1.15 | 0.842 times |
| 16 Tue Jul 2024 | 1.18 | 1.20 | 1.20 | 1.14 | 2.072 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.17 as target.
Share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Target | 0.86 |
| Downside Target | 0.96 |
| Downside Target | 1.05 |
| Upside Target | 1.14 |
| Upside Target | 1.20 |
| Upside Target | 1.29 |
| Upside Target | 1.38 |
| Upside Target | 1.56 |
| Upside Target | 1.62 |
| Upside Target | 1.65 |
| Upside Target | 1.76 |
| Upside Target | 1.79 |
Intraday share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Intraday Target | 1.08 |
| Downside Intraday Target | 1.07 |
| Upside Intraday Target | 1.1 |
| Upside Intraday Target | 1.11 |
| Downside Intraday Target | 1.09 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 1.09 | 1.10 | 1.10 | 1.08 | 0.087 times |
| 26 Fri Jul 2024 | 1.09 | 1.11 | 1.14 | 1.06 | 1.252 times |
| 19 Fri Jul 2024 | 1.12 | 1.20 | 1.20 | 1.11 | 0.15 times |
| 12 Fri Jul 2024 | 1.19 | 1.06 | 1.38 | 1.05 | 0.068 times |
| 05 Fri Jul 2024 | 1.16 | 1.35 | 1.65 | 0.96 | 1.061 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 |
| 29 Mon Jul 2024 | 1.09 | 1.06 | 1.65 | 0.96 | 10.553 times |
| 28 Fri Jun 2024 | 1.03 | 1.70 | 1.76 | 0.86 | 0.757 times |
| 31 Fri May 2024 | 1.73 | 1.57 | 1.79 | 1.38 | 1.642 times |
| 30 Tue Apr 2024 | 1.52 | 1.48 | 1.62 | 1.29 | 1.425 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 Gulf Resources (GURE)
Price action analysis of Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Gulf Resources ( (GURE) ) 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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Gulf Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1.12 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 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.
Price action analysis of Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) 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 Gulf Resources ( (GURE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Gulf Resources ( (GURE) ) 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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Gulf Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1.12 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 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.