(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 2024-08-23 View latest technical analysis
10 day averaged volume of Gulf Resources is 13960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 1.12 | 1.16 | 1.16 | 1.05 | 2.092 times |
| 22 Thu Aug 2024 | 1.20 | 1.15 | 1.20 | 1.14 | 1.418 times |
| 21 Wed Aug 2024 | 1.15 | 1.06 | 1.19 | 1.06 | 4.542 times |
| 20 Tue Aug 2024 | 1.10 | 1.10 | 1.10 | 1.06 | 0.143 times |
| 19 Mon Aug 2024 | 1.07 | 1.08 | 1.10 | 1.06 | 0.852 times |
| 16 Fri Aug 2024 | 1.06 | 1.05 | 1.09 | 1.05 | 0.774 times |
| 15 Thu Aug 2024 | 1.05 | 1.05 | 1.05 | 1.04 | 0.688 times |
| 14 Wed Aug 2024 | 1.05 | 1.04 | 1.05 | 1.04 | 0.358 times |
| 13 Tue Aug 2024 | 1.05 | 1.08 | 1.08 | 1.04 | 0.845 times |
| 12 Mon Aug 2024 | 1.07 | 1.05 | 1.08 | 1.05 | 0.064 times |
Stock of Gulf Resources (GURE) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.1, but if it comes below 1.1, then a intra day sell could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1.08 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.2 as target.
Share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Target | 0.86 |
| Downside Target | 0.96 |
| Downside Target | 1.01 |
| Downside Target | 1.09 |
| Upside Target | 1.14 |
| Upside Target | 1.20 |
| Upside Target | 1.29 |
| Upside Target | 1.38 |
| 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 | 1.05 |
| Downside Intraday Target | 0.97 |
| Upside Intraday Target | 1.2 |
| Upside Intraday Target | 1.27 |
| Upside Intraday Target | 1.12 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 1.12 | 1.08 | 1.20 | 1.05 | 3.315 times |
| 16 Fri Aug 2024 | 1.06 | 1.05 | 1.09 | 1.04 | 1.716 times |
| 09 Fri Aug 2024 | 1.06 | 1.03 | 1.11 | 1.02 | 0.618 times |
| 02 Fri Aug 2024 | 1.05 | 1.10 | 1.11 | 1.01 | 0.697 times |
| 26 Fri Jul 2024 | 1.09 | 1.11 | 1.14 | 1.06 | 1.252 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gulf Resources (GURE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 1.12 | 1.03 | 1.20 | 1.02 | 0.023 times |
| 31 Wed Jul 2024 | 1.08 | 1.06 | 1.65 | 0.96 | 10.589 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 |
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 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 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 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.
Gulf Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 Gulf Resources is picking up selling 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 is giving positive 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 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 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 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 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.
Gulf Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 Gulf Resources is picking up selling 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 is giving positive 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.