(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 2024-05-22 View latest technical analysis
10 day averaged volume of Gulf Resources is 28346
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 1.51 | 1.58 | 1.60 | 1.46 | 5.154 times |
| 21 Tue May 2024 | 1.62 | 1.57 | 1.64 | 1.57 | 0.032 times |
| 20 Mon May 2024 | 1.55 | 1.59 | 1.61 | 1.53 | 0.24 times |
| 17 Fri May 2024 | 1.61 | 1.58 | 1.63 | 1.51 | 0.108 times |
| 16 Thu May 2024 | 1.60 | 1.64 | 1.65 | 1.57 | 0.303 times |
| 15 Wed May 2024 | 1.58 | 1.52 | 1.62 | 1.52 | 1.302 times |
| 14 Tue May 2024 | 1.52 | 1.48 | 1.52 | 1.45 | 6.403 times |
| 13 Mon May 2024 | 1.50 | 1.51 | 1.54 | 1.46 | 0.582 times |
| 10 Fri May 2024 | 1.47 | 1.49 | 1.50 | 1.41 | 0.318 times |
| 09 Thu May 2024 | 1.42 | 1.40 | 1.47 | 1.39 | 0.085 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 bearish for shortterm, and stock might move down till 1.5 or till 1.4. Use a stoploss of 1.52 and if the stock hits stoploss, then it can shoot up till 1.58
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 |
| Upside Target | 1.54 |
| Upside Target | 1.60 |
| Upside Target | 1.62 |
| 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 | 1.43 |
| Downside Intraday Target | 1.36 |
| Upside Intraday Target | 1.61 |
| Upside Intraday Target | 1.72 |
| Upside Intraday Target | 1.54 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 1.51 | 1.59 | 1.64 | 1.46 | 0.624 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 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 |
| 22 Wed May 2024 | 1.51 | 1.57 | 1.65 | 1.38 | 1.14 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining momentum.
MACD generated a BUY signal for Gulf Resources in short term and the buy 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Gulf Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.52 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining momentum.
MACD generated a BUY signal for Gulf Resources in short term and the buy 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Gulf Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.