(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 2024-01-08 View latest technical analysis
10 day averaged volume of Gulf Resources is 18970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 1.64 | 1.69 | 1.69 | 1.62 | 0.242 times |
| 05 Fri Jan 2024 | 1.67 | 1.70 | 1.70 | 1.65 | 0.095 times |
| 04 Thu Jan 2024 | 1.66 | 1.70 | 1.70 | 1.60 | 0.322 times |
| 03 Wed Jan 2024 | 1.66 | 1.72 | 1.72 | 1.64 | 0.348 times |
| 02 Tue Jan 2024 | 1.71 | 1.65 | 1.71 | 1.65 | 0.627 times |
| 29 Fri Dec 2023 | 1.65 | 1.64 | 1.66 | 1.61 | 0.954 times |
| 29 Fri Dec 2023 | 1.65 | 1.64 | 1.66 | 1.61 | 0.954 times |
| 28 Thu Dec 2023 | 1.64 | 1.63 | 1.65 | 1.61 | 0.843 times |
| 27 Wed Dec 2023 | 1.65 | 1.52 | 1.65 | 1.52 | 2.172 times |
| 26 Tue Dec 2023 | 1.53 | 1.38 | 1.56 | 1.38 | 1.218 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 1.7 as stoploss in an intra day sell trade for a target of 1.49. However, stock will show a bullish move above 1.7.
Share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Target | 1.15 |
| Downside Target | 1.35 |
| Downside Target | 1.38 |
| Downside Target | 1.45 |
| Downside Target | 1.60 |
| Upside Target | 1.69 |
| Upside Target | 1.72 |
| Upside Target | 1.73 |
| Upside Target | 1.88 |
| Upside Target | 1.89 |
| Upside Target | 2.23 |
Intraday share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Intraday Target | 1.61 |
| Downside Intraday Target | 1.58 |
| Upside Intraday Target | 1.68 |
| Upside Intraday Target | 1.72 |
| Upside Intraday Target | 1.65 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 1.64 | 1.69 | 1.69 | 1.62 | 0.174 times |
| 05 Fri Jan 2024 | 1.67 | 1.65 | 1.72 | 1.60 | 1.459 times |
| 29 Fri Dec 2023 | 1.65 | 1.64 | 1.66 | 1.61 | 0.184 times |
| 29 Fri Dec 2023 | 1.65 | 1.38 | 1.66 | 1.38 | 0.974 times |
| 22 Fri Dec 2023 | 1.45 | 1.26 | 1.45 | 1.17 | 0.689 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 |
| 08 Mon Jan 2024 | 1.64 | 1.65 | 1.72 | 1.60 | 0.066 times |
| 29 Fri Dec 2023 | 1.65 | 1.54 | 1.66 | 1.15 | 1.28 times |
| 30 Thu Nov 2023 | 1.53 | 1.71 | 1.88 | 1.35 | 1.431 times |
| 31 Tue Oct 2023 | 1.72 | 1.82 | 1.89 | 1.63 | 0.568 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 Gulf Resources (GURE)
Price action analysis of Gulf Resources ( (GURE) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing 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 1.64 and Gulf Resources (GURE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 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 neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing 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 1.64 and Gulf Resources (GURE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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.