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(LaffansPetr) Laffans Petr complete technical analysis [charts+indicators] | Buy/Sell Laffans Petr | (LaffansPetr) share price targets

Complete technical analysis of Laffans Petr (LaffansPetr) by charts plus indicators, forecast predictions and share price targets for Laffans Petr (LaffansPetr)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Laffans Petr is 13656

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	36.94	38.50	39.90	36.00	0.663 times
30 Thu May 2024	38.74	40.20	40.20	38.50	0.039 times
29 Wed May 2024	39.51	39.90	40.40	38.55	0.331 times
28 Tue May 2024	39.35	41.70	41.70	38.51	0.9 times
27 Mon May 2024	39.96	40.00	41.80	38.22	0.853 times
24 Fri May 2024	39.99	38.00	40.80	38.00	1.065 times
23 Thu May 2024	37.50	38.42	39.90	37.01	0.956 times
22 Wed May 2024	37.67	40.40	40.40	36.65	3.091 times
21 Tue May 2024	40.54	45.00	45.50	38.70	2.162 times
18 Sat May 2024	44.62	44.90	45.00	44.50	0.091 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39, but if it comes above 39, then a intra day buy could be more profitable.
If you take a sell trade below 39, then use 39 as stoploss and 35 as target. However if you take a buy trade in stock , then use 39 as stoploss and 42.4 as target.

Share price targets for Laffans Petr (LaffansPetr)

Target Type	Value
Downside Target	36.00
Upside Target	41.80
Upside Target	44.50
Upside Target	46.40
Upside Target	48.50
Upside Target	50.00
Upside Target	50.99
Upside Target	53.90
Upside Target	54.90
Upside Target	58.70

Intraday share price targets for Laffans Petr (LaffansPetr)

Target Type	Value
Downside Intraday Target	34.69
Downside Intraday Target	32.45
Upside Intraday Target	40.49
Upside Intraday Target	44.05
Upside Intraday Target	38.25

Weekly technical analysis of Laffans Petr (LaffansPetr)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	36.94	40.00	41.80	36.00	0.383 times
24 Fri May 2024	39.99	45.00	45.50	36.65	4.256 times
18 Sat May 2024	44.62	46.40	46.40	41.99	0.793 times
10 Fri May 2024	45.60	48.50	48.50	44.50	1.573 times
03 Fri May 2024	48.06	50.00	50.00	46.00	0.336 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 Laffans Petr (LaffansPetr)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	36.94	47.39	48.50	36.00	1.212 times
30 Tue Apr 2024	47.50	47.92	50.99	45.00	0.226 times
28 Thu Mar 2024	46.78	47.79	58.70	44.50	0.931 times
29 Thu Feb 2024	46.42	50.70	54.90	44.81	1.654 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 Laffans Petr (LaffansPetr)

Price action analysis of Laffans Petr ( (LaffansPetr) ) 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 Laffans Petr ( (LaffansPetr) ) 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 Laffans Petr ( (LaffansPetr) ) 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 Laffans Petr ( (LaffansPetr) ) 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 Laffans Petr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Laffans Petr in short term and the sell signal is strong.

Laffans Petr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Laffans Petr 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 Laffans Petr is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.93 and Laffans Petr (LaffansPetr) 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 Laffans Petr (LaffansPetr) stock. Volume based technical analysis of Laffans Petr (LaffansPetr) stock is negative.

Laffans Petr 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.