(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 2024-05-30 View latest technical analysis
10 day averaged volume of Gulfpetro is 16820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 61.83 | 64.00 | 64.00 | 61.50 | 0.36 times |
| 29 Wed May 2024 | 62.74 | 63.98 | 63.98 | 61.77 | 1.055 times |
| 28 Tue May 2024 | 62.62 | 64.70 | 65.55 | 60.00 | 3.558 times |
| 27 Mon May 2024 | 62.51 | 63.06 | 63.96 | 62.00 | 0.905 times |
| 24 Fri May 2024 | 63.89 | 65.26 | 65.26 | 63.70 | 0.923 times |
| 23 Thu May 2024 | 64.98 | 64.86 | 65.25 | 63.67 | 0.441 times |
| 22 Wed May 2024 | 64.80 | 64.00 | 65.69 | 63.55 | 2.051 times |
| 21 Tue May 2024 | 63.49 | 63.97 | 64.40 | 63.31 | 0.332 times |
| 18 Sat May 2024 | 63.97 | 65.25 | 65.25 | 63.25 | 0.126 times |
| 17 Fri May 2024 | 64.42 | 63.56 | 65.00 | 63.25 | 0.222 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.6, but if it comes above 62.6, then a intra day buy could be more profitable.
If you take a sell trade below 62.6, then use 62.6 as stoploss and 61.2 as target. However if you take a buy trade in stock , then use 62.6 as stoploss and 63.72 as target.
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 | 59.37 |
| Downside Intraday Target | 56.91 |
| Upside Intraday Target | 64.92 |
| Upside Intraday Target | 68.01 |
| Upside Intraday Target | 62.46 |
Weekly technical analysis of Gulfpetro (Gulfpetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 61.83 | 63.06 | 65.55 | 60.00 | 1.568 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gulfpetro (Gulfpetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 61.83 | 69.74 | 69.95 | 60.00 | 0.732 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 63.35 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 63.35 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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