(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 2024-02-08 View latest technical analysis
10 day averaged volume of Gulf Resources is 7580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1.22 | 1.20 | 1.25 | 1.15 | 1.135 times |
| 07 Wed Feb 2024 | 1.20 | 1.18 | 1.20 | 1.18 | 0.211 times |
| 06 Tue Feb 2024 | 1.26 | 1.21 | 1.26 | 1.20 | 1.201 times |
| 05 Mon Feb 2024 | 1.23 | 1.16 | 1.24 | 1.15 | 1.491 times |
| 02 Fri Feb 2024 | 1.17 | 1.23 | 1.24 | 1.12 | 2.441 times |
| 01 Thu Feb 2024 | 1.22 | 1.23 | 1.26 | 1.21 | 1.187 times |
| 31 Wed Jan 2024 | 1.20 | 1.21 | 1.25 | 1.20 | 0.303 times |
| 30 Tue Jan 2024 | 1.27 | 1.17 | 1.27 | 1.17 | 0.303 times |
| 29 Mon Jan 2024 | 1.23 | 1.23 | 1.29 | 1.20 | 0.501 times |
| 26 Fri Jan 2024 | 1.22 | 1.29 | 1.29 | 1.15 | 1.174 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.2 as stoploss in an intra day buy trade for a target of 1.33. However, stock will show a bearish move below 1.2.
Share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Target | 0.85 |
| Downside Target | 1.12 |
| Downside Target | 1.15 |
| Upside Target | 1.26 |
| Upside Target | 1.29 |
| Upside Target | 1.35 |
| Upside Target | 1.52 |
| Upside Target | 1.57 |
| Upside Target | 1.63 |
| Upside Target | 1.64 |
| Upside Target | 1.66 |
| Upside Target | 1.72 |
| Upside Target | 1.88 |
| Upside Target | 1.89 |
Intraday share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Intraday Target | 1.16 |
| Downside Intraday Target | 1.1 |
| Upside Intraday Target | 1.27 |
| Upside Intraday Target | 1.32 |
| Downside Intraday Target | 1.21 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1.22 | 1.16 | 1.26 | 1.15 | 0.852 times |
| 02 Fri Feb 2024 | 1.17 | 1.23 | 1.29 | 1.12 | 0.113 times |
| 26 Fri Jan 2024 | 1.22 | 1.30 | 1.52 | 0.85 | 9.368 times |
| 19 Fri Jan 2024 | 1.56 | 1.53 | 1.63 | 1.53 | 2.81 times |
| 12 Fri Jan 2024 | 1.62 | 1.62 | 1.64 | 1.57 | 0.212 times |
Price has moved up 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 Thu Feb 2024 | 1.22 | 1.23 | 1.26 | 1.12 | 0.127 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 |
| 30 Thu Nov 2023 | 1.53 | 1.71 | 1.88 | 1.35 | 1.431 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 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 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 to mid 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 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 SELL signal for Gulf Resources in short term and the sell signal is strong.
Gulf Resources 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 in or above the red cloud Prices appear to be moving up
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 and selling is picking up 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 1.22 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 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 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 to mid 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 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 SELL signal for Gulf Resources in short term and the sell signal is strong.
Gulf Resources 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 in or above the red cloud Prices appear to be moving up
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 and selling is picking up 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 1.22 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.