(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 2024-05-29 View latest technical analysis
10 day averaged volume of Gulfpetro is 15728
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 62.74 | 63.98 | 63.98 | 61.77 | 1.128 times |
| 28 Tue May 2024 | 62.62 | 64.70 | 65.55 | 60.00 | 3.805 times |
| 27 Mon May 2024 | 62.51 | 63.06 | 63.96 | 62.00 | 0.968 times |
| 24 Fri May 2024 | 63.89 | 65.26 | 65.26 | 63.70 | 0.988 times |
| 23 Thu May 2024 | 64.98 | 64.86 | 65.25 | 63.67 | 0.472 times |
| 22 Wed May 2024 | 64.80 | 64.00 | 65.69 | 63.55 | 2.193 times |
| 21 Tue May 2024 | 63.49 | 63.97 | 64.40 | 63.31 | 0.356 times |
| 18 Sat May 2024 | 63.97 | 65.25 | 65.25 | 63.25 | 0.134 times |
| 17 Fri May 2024 | 64.42 | 63.56 | 65.00 | 63.25 | 0.237 times |
| 16 Thu May 2024 | 63.13 | 64.69 | 64.69 | 63.00 | 0.414 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 62.6 as stoploss in an intra day buy trade for a target of 64.02. However, stock will show a bearish move below 62.6.
Share price targets for Gulfpetro (Gulfpetro)
| Target Type | Value |
| Downside Target | 54.01 |
| Downside Target | 57.69 |
| Downside Target | 60.00 |
| Upside Target | 63.31 |
| Upside Target | 65.25 |
| Upside Target | 68.22 |
| Upside Target | 69.95 |
| Upside Target | 73.35 |
| 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 | 59.98 |
| Downside Intraday Target | 57.21 |
| Upside Intraday Target | 65.53 |
| Upside Intraday Target | 68.31 |
| Upside Intraday Target | 62.76 |
Weekly technical analysis of Gulfpetro (Gulfpetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 62.74 | 63.06 | 65.55 | 60.00 | 1.472 times |
| 24 Fri May 2024 | 63.89 | 63.97 | 65.69 | 63.31 | 1.362 times |
| 18 Sat May 2024 | 63.97 | 63.87 | 65.25 | 60.80 | 0.508 times |
| 10 Fri May 2024 | 63.87 | 68.22 | 68.22 | 60.89 | 0.625 times |
| 03 Fri May 2024 | 66.89 | 65.81 | 69.95 | 65.81 | 1.855 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 |
| 29 Wed May 2024 | 62.74 | 69.74 | 69.95 | 60.00 | 0.72 times |
| 30 Tue Apr 2024 | 68.37 | 62.77 | 73.35 | 62.00 | 0.199 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 |
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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Gulfpetro in short term and the sell signal is strong.
Gulfpetro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gulfpetro in short term but BUY 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
Stock of Gulfpetro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 63.4 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Gulfpetro in short term and the sell signal is strong.
Gulfpetro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gulfpetro in short term but BUY 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
Stock of Gulfpetro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 63.4 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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