Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-31 View latest technical analysis

10 day averaged volume of Gulf Resources is 310940

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	0.69	0.65	0.74	0.56	1.433 times
30 Wed Oct 2024	0.57	0.55	0.57	0.51	0.436 times
29 Tue Oct 2024	0.57	0.70	0.73	0.53	1.431 times
28 Mon Oct 2024	0.68	0.69	0.71	0.67	7.294 times
25 Fri Oct 2024	0.65	0.70	0.71	0.65	0.068 times
24 Thu Oct 2024	0.70	0.69	0.72	0.69	0.028 times
23 Wed Oct 2024	0.69	0.75	0.75	0.67	0.125 times
22 Tue Oct 2024	0.73	0.76	0.76	0.71	0.191 times
21 Mon Oct 2024	0.76	0.77	0.80	0.76	0.079 times
18 Fri Oct 2024	0.78	0.78	0.90	0.76	0.295 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.7, but if it comes above 0.7, then a intra day buy could be more profitable.
If you take a sell trade below 0.7, then use 0.7 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.78 as target.

Share price targets for Gulf Resources (GURE)

Target Type	Value
Downside Target	0.51
Downside Target	0.61
Downside Target	0.65
Upside Target	0.74
Upside Target	0.80
Upside Target	0.86
Upside Target	0.90
Upside Target	0.96
Upside Target	1.00
Upside Target	1.06
Upside Target	1.08
Upside Target	1.20
Upside Target	1.65
Upside Target	1.76

Intraday share price targets for Gulf Resources (GURE)

Target Type	Value
Downside Intraday Target	0.55
Downside Intraday Target	0.42
Upside Intraday Target	0.78
Upside Intraday Target	0.88
Downside Intraday Target	0.65

Weekly technical analysis of Gulf Resources (GURE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	0.69	0.69	0.74	0.51	21.63 times
25 Fri Oct 2024	0.65	0.77	0.80	0.65	0.489 times
18 Fri Oct 2024	0.78	0.90	0.97	0.61	7.3 times
11 Fri Oct 2024	0.93	1.00	1.00	0.92	0.288 times
04 Fri Oct 2024	0.97	1.00	1.06	0.91	1.475 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gulf Resources (GURE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	0.69	0.95	1.00	0.51	16.138 times
30 Mon Sep 2024	0.96	1.04	1.08	0.90	0.859 times
30 Fri Aug 2024	1.05	1.03	1.20	1.00	0.034 times
31 Wed Jul 2024	1.08	1.06	1.65	0.96	10.589 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. 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.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color 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 but selling is losing 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 0.67 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 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.