(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 2024-08-08 View latest technical analysis
10 day averaged volume of Gulf Resources is 5690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 1.08 | 1.06 | 1.08 | 1.03 | 0.563 times |
| 07 Wed Aug 2024 | 1.04 | 1.03 | 1.08 | 1.02 | 0.738 times |
| 06 Tue Aug 2024 | 1.09 | 1.03 | 1.10 | 1.03 | 0.773 times |
| 05 Mon Aug 2024 | 1.10 | 1.03 | 1.11 | 1.03 | 1.054 times |
| 02 Fri Aug 2024 | 1.05 | 1.02 | 1.08 | 1.02 | 0.176 times |
| 01 Thu Aug 2024 | 1.06 | 1.03 | 1.07 | 1.02 | 0.299 times |
| 31 Wed Jul 2024 | 1.08 | 1.05 | 1.11 | 1.02 | 2.355 times |
| 30 Tue Jul 2024 | 1.08 | 1.09 | 1.11 | 1.01 | 2.689 times |
| 29 Mon Jul 2024 | 1.09 | 1.10 | 1.10 | 1.08 | 0.791 times |
| 26 Fri Jul 2024 | 1.09 | 1.07 | 1.10 | 1.07 | 0.316 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.11 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 | 1.05 |
| Upside Target | 1.11 |
| 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 | 1.03 |
| Downside Intraday Target | 0.98 |
| Upside Intraday Target | 1.12 |
| Upside Intraday Target | 1.16 |
| Downside Intraday Target | 1.07 |
Weekly technical analysis of Gulf Resources (GURE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 1.08 | 1.03 | 1.11 | 1.02 | 0.496 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 |
| 19 Fri Jul 2024 | 1.12 | 1.20 | 1.20 | 1.11 | 0.15 times |
| 12 Fri Jul 2024 | 1.19 | 1.06 | 1.38 | 1.05 | 0.068 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 Aug 2024 | 1.08 | 1.03 | 1.11 | 1.02 | 0.002 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 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 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 short to mid 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.
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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing 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 1.08 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 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 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 short to mid 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.
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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing 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 1.08 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.