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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 2024-04-12 View latest technical analysis

10 day averaged volume of Gulfpetro is 37985

Date Daily Closing Price Open High Low Volume
12 Fri Apr 2024 68.92 71.53 72.52 68.72 0.349 times
10 Wed Apr 2024 71.71 69.90 73.35 69.90 0.718 times
09 Tue Apr 2024 70.47 66.35 71.50 66.35 1.233 times
08 Mon Apr 2024 67.12 67.28 68.37 65.71 0.303 times
05 Fri Apr 2024 67.61 69.74 69.74 66.87 1.024 times
04 Thu Apr 2024 68.50 68.19 69.05 66.79 0.299 times
03 Wed Apr 2024 67.18 66.62 67.95 66.04 1.386 times
02 Tue Apr 2024 66.04 64.37 66.99 63.05 1.701 times
01 Mon Apr 2024 63.13 62.77 63.90 62.00 0.861 times
28 Thu Mar 2024 60.50 61.06 62.50 60.00 1.027 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.1, but if it comes below 68.1, then a intra day sell could be more profitable.
If you take a sell trade below 68.1, then use 68.1 as stoploss and 64.41 as target. However if you take a buy trade in stock , then use 68.1 as stoploss and 72.5 as target.

Share price targets for Gulfpetro (Gulfpetro)

Target Type Value
Downside Target 48.11
Downside Target 54.01
Downside Target 55.88
Downside Target 57.69
Downside Target 58.90
Downside Target 62.00
Downside Target 64.05
Downside Target 65.71
Upside Target 69.74
Upside Target 73.35
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 65.3
Downside Intraday Target 61.69
Upside Intraday Target 72.94
Upside Intraday Target 76.97
Upside Intraday Target 69.33

Weekly technical analysis of Gulfpetro (Gulfpetro)

Date Weekly Closing Price Open High Low Volume
12 Fri Apr 2024 68.92 67.28 73.35 65.71 0.494 times
05 Fri Apr 2024 67.61 62.77 69.74 62.00 1.744 times
28 Thu Mar 2024 60.50 62.12 64.05 58.90 0.594 times
22 Fri Mar 2024 61.29 64.97 67.00 59.27 0.611 times
15 Fri Mar 2024 64.33 78.00 78.00 57.69 0.163 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 Gulfpetro (Gulfpetro)

Date Monthly Closing Price Open High Low Volume
12 Fri Apr 2024 68.92 62.77 73.35 62.00 0.113 times
28 Thu Mar 2024 60.50 66.35 90.05 57.69 2.588 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

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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Gulfpetro stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Gulfpetro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gulfpetro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Gulfpetro in short term but SELL signal is weak.

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 66.78 and Gulfpetro (Gulfpetro) 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 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.

Price action analysis of Gulfpetro ( (Gulfpetro) ) based on a short 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Gulfpetro stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Gulfpetro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gulfpetro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Gulfpetro in short term but SELL signal is weak.

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 66.78 and Gulfpetro (Gulfpetro) 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 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.

Click here for Gulfpetro charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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