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

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

Showing technical analysis as on 2023-03-15 View latest technical analysis

10 day averaged volume of Gulfpetro is 14008

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Mar 2023	33.85	35.90	36.05	33.66	1.065 times
14 Tue Mar 2023	35.25	36.30	36.50	35.25	0.208 times
13 Mon Mar 2023	36.29	36.11	38.75	36.11	0.381 times
10 Fri Mar 2023	37.02	39.39	39.39	37.00	2.506 times
09 Thu Mar 2023	39.07	34.11	40.55	34.11	3.983 times
08 Wed Mar 2023	34.65	38.90	38.90	34.00	0.474 times
06 Mon Mar 2023	34.48	34.95	41.00	33.85	0.519 times
03 Fri Mar 2023	34.95	33.60	34.95	33.60	0.109 times
02 Thu Mar 2023	33.90	34.35	34.50	33.85	0.442 times
01 Wed Mar 2023	33.78	33.50	34.50	33.35	0.522 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.7 as stoploss in an intra day buy trade for a target of 35.17. However, stock will show a bearish move below 33.7.

Share price targets for Gulfpetro (Gulfpetro)

Target Type	Value
Downside Target	32.10
Downside Target	33.00
Upside Target	34.95
Upside Target	36.85
Upside Target	38.75
Upside Target	39.90
Upside Target	41.00
Upside Target	41.55
Upside Target	43.80
Upside Target	45.50
Upside Target	58.00

Intraday share price targets for Gulfpetro (Gulfpetro)

Target Type	Value
Downside Intraday Target	32.09
Downside Intraday Target	30.33
Upside Intraday Target	37.18
Upside Intraday Target	40.51
Upside Intraday Target	35.42

Weekly technical analysis of Gulfpetro (Gulfpetro)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Mar 2023	33.85	36.11	38.75	33.66	0.221 times
10 Fri Mar 2023	37.02	34.95	41.00	33.85	3.091 times
03 Fri Mar 2023	34.95	32.10	34.95	32.10	1.03 times
24 Fri Feb 2023	34.45	36.25	36.85	33.00	1.052 times
17 Fri Feb 2023	36.15	39.20	39.20	35.30	0.417 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 Gulfpetro (Gulfpetro)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed Mar 2023	33.85	33.50	41.00	33.35	0.821 times
28 Tue Feb 2023	33.40	41.00	41.55	32.10	0.923 times
31 Tue Jan 2023	40.95	43.80	43.80	39.90	0.565 times
30 Fri Dec 2022	42.90	43.75	45.50	39.60	0.334 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 Gulfpetro (Gulfpetro)

Price action analysis of Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gulfpetro in short term but the buy signal is initial and weak.

Gulfpetro 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 Gulfpetro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Gulfpetro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.86 and Gulfpetro (Gulfpetro) 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 Gulfpetro (Gulfpetro) stock. Volume based technical analysis of Gulfpetro (Gulfpetro) stock is negative.

Gulfpetro Stock is giving positive 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.