(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 2024-05-21 View latest technical analysis
10 day averaged volume of Gulf Resources is 40576
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 1.62 | 1.57 | 1.64 | 1.57 | 0.022 times |
| 20 Mon May 2024 | 1.55 | 1.59 | 1.61 | 1.53 | 0.168 times |
| 17 Fri May 2024 | 1.61 | 1.58 | 1.63 | 1.51 | 0.076 times |
| 16 Thu May 2024 | 1.60 | 1.64 | 1.65 | 1.57 | 0.212 times |
| 15 Wed May 2024 | 1.58 | 1.52 | 1.62 | 1.52 | 0.909 times |
| 14 Tue May 2024 | 1.52 | 1.48 | 1.52 | 1.45 | 4.473 times |
| 13 Mon May 2024 | 1.50 | 1.51 | 1.54 | 1.46 | 0.407 times |
| 10 Fri May 2024 | 1.47 | 1.49 | 1.50 | 1.41 | 0.222 times |
| 09 Thu May 2024 | 1.42 | 1.40 | 1.47 | 1.39 | 0.059 times |
| 08 Wed May 2024 | 1.44 | 1.42 | 1.47 | 1.38 | 0.439 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.6, but if it comes below 1.6, then a intra day sell could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.52 as target. However if you take a buy trade in stock , then use 1.6 as stoploss and 1.6 as target.
Share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Target | 0.85 |
| Downside Target | 1.09 |
| Downside Target | 1.12 |
| Downside Target | 1.29 |
| Downside Target | 1.33 |
| Downside Target | 1.38 |
| Downside Target | 1.42 |
| Downside Target | 1.45 |
| Downside Target | 1.48 |
| Downside Target | 1.53 |
| Downside Target | 1.60 |
| Upside Target | 1.64 |
| Upside Target | 1.65 |
| Upside Target | 1.72 |
Intraday share price targets for Gulf Resources (GURE)
| Target Type | Value |
| Downside Intraday Target | 1.55 |
| Downside Intraday Target | 1.49 |
| Upside Intraday Target | 1.66 |
| Upside Intraday Target | 1.71 |
| Downside Intraday Target | 1.6 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 1.62 | 1.59 | 1.64 | 1.53 | 0.031 times |
| 17 Fri May 2024 | 1.61 | 1.51 | 1.65 | 1.45 | 1.583 times |
| 10 Fri May 2024 | 1.47 | 1.52 | 1.54 | 1.38 | 0.779 times |
| 03 Fri May 2024 | 1.54 | 1.53 | 1.60 | 1.42 | 0.638 times |
| 26 Fri Apr 2024 | 1.52 | 1.33 | 1.62 | 1.33 | 2.115 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 |
| 21 Tue May 2024 | 1.62 | 1.57 | 1.65 | 1.38 | 0.908 times |
| 30 Tue Apr 2024 | 1.52 | 1.48 | 1.62 | 1.29 | 1.425 times |
| 28 Thu Mar 2024 | 1.48 | 1.29 | 1.56 | 1.09 | 1.143 times |
| 29 Thu Feb 2024 | 1.30 | 1.23 | 1.48 | 1.12 | 0.847 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 neutral. A longer time frame might give a better analysis.
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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Gulf Resources in short term and BUY signal is strong.
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 1.52 and Gulf Resources (GURE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 neutral. A longer time frame might give a better analysis.
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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Gulf Resources in short term and BUY signal is strong.
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 1.52 and Gulf Resources (GURE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.