(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 2024-03-12 View latest technical analysis
10 day averaged volume of Gulfpetro is 220076
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 68.16 | 71.61 | 71.81 | 67.65 | 0.22 times |
| 11 Mon Mar 2024 | 71.06 | 78.00 | 78.00 | 70.50 | 0.253 times |
| 07 Thu Mar 2024 | 77.33 | 76.31 | 81.16 | 76.27 | 0.571 times |
| 06 Wed Mar 2024 | 76.91 | 79.45 | 82.11 | 76.14 | 0.422 times |
| 05 Tue Mar 2024 | 79.98 | 86.77 | 90.05 | 78.67 | 3.725 times |
| 04 Mon Mar 2024 | 85.39 | 74.65 | 86.34 | 74.57 | 4.091 times |
| 02 Sat Mar 2024 | 71.95 | 69.29 | 72.00 | 66.05 | 0.205 times |
| 01 Fri Mar 2024 | 68.58 | 66.35 | 69.44 | 66.35 | 0.133 times |
| 29 Thu Feb 2024 | 66.81 | 68.98 | 68.98 | 65.55 | 0.193 times |
| 28 Wed Feb 2024 | 68.08 | 71.25 | 71.25 | 66.85 | 0.129 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 68.1 as stoploss in an intra day buy trade for a target of 72.86. However, stock will show a bearish move below 68.1.
Share price targets for Gulfpetro (Gulfpetro)
| Target Type | Value |
| Downside Target | 48.11 |
| Downside Target | 50.50 |
| Downside Target | 54.01 |
| Downside Target | 55.88 |
| Downside Target | 60.03 |
| Downside Target | 65.55 |
| Downside Target | 67.65 |
| Upside Target | 70.85 |
| Upside Target | 74.00 |
| Upside Target | 78.00 |
| Upside Target | 78.45 |
| Upside Target | 81.46 |
| Upside Target | 90.05 |
Intraday share price targets for Gulfpetro (Gulfpetro)
| Target Type | Value |
| Downside Intraday Target | 64.54 |
| Downside Intraday Target | 60.92 |
| Upside Intraday Target | 74.89 |
| Upside Intraday Target | 81.62 |
| Upside Intraday Target | 71.27 |
Weekly technical analysis of Gulfpetro (Gulfpetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 68.16 | 78.00 | 78.00 | 67.65 | 0.054 times |
| 07 Thu Mar 2024 | 77.33 | 74.65 | 90.05 | 74.57 | 8.122 times |
| 02 Sat Mar 2024 | 71.95 | 73.62 | 75.58 | 65.55 | 0.618 times |
| 23 Fri Feb 2024 | 74.51 | 74.01 | 78.45 | 70.85 | 2.722 times |
| 16 Fri Feb 2024 | 70.14 | 67.80 | 74.00 | 60.03 | 0.637 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 |
| 12 Tue Mar 2024 | 68.16 | 66.35 | 90.05 | 66.05 | 2.078 times |
| 29 Thu Feb 2024 | 66.81 | 74.39 | 78.45 | 60.03 | 0.541 times |
| 31 Wed Jan 2024 | 73.00 | 55.89 | 81.46 | 54.01 | 5.599 times |
| 29 Fri Dec 2023 | 54.99 | 53.50 | 55.88 | 48.11 | 1.269 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Gulfpetro (Gulfpetro)
Price action analysis of Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro ( (Gulfpetro) ) based on a short to mid 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 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 Gulfpetro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gulfpetro in short term but the sell 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 green color and prices are in or below the green 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 80.71 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 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.
Price action analysis of Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro ( (Gulfpetro) ) 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 Gulfpetro ( (Gulfpetro) ) based on a short to mid 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 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 Gulfpetro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gulfpetro in short term but the sell 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 green color and prices are in or below the green 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 80.71 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 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.
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