(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 2024-06-04 View latest technical analysis
10 day averaged volume of Gulfpetro is 17331
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 58.02 | 63.09 | 63.09 | 54.76 | 2.098 times |
| 03 Mon Jun 2024 | 61.64 | 61.35 | 62.35 | 61.00 | 0.275 times |
| 31 Fri May 2024 | 60.72 | 60.59 | 62.70 | 60.50 | 0.382 times |
| 30 Thu May 2024 | 61.83 | 64.00 | 64.00 | 61.50 | 0.35 times |
| 29 Wed May 2024 | 62.74 | 63.98 | 63.98 | 61.77 | 1.023 times |
| 28 Tue May 2024 | 62.62 | 64.70 | 65.55 | 60.00 | 3.453 times |
| 27 Mon May 2024 | 62.51 | 63.06 | 63.96 | 62.00 | 0.879 times |
| 24 Fri May 2024 | 63.89 | 65.26 | 65.26 | 63.70 | 0.896 times |
| 23 Thu May 2024 | 64.98 | 64.86 | 65.25 | 63.67 | 0.428 times |
| 22 Wed May 2024 | 64.80 | 64.00 | 65.69 | 63.55 | 1.99 times |
Stock of Gulfpetro (Gulfpetro) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 59.5, for a target of 61.4 or 62.99
Share price targets for Gulfpetro (Gulfpetro)
| Target Type | Value |
| Downside Target | 54.76 |
| Downside Target | 57.69 |
| Upside Target | 60.00 |
| Upside Target | 65.25 |
| Upside Target | 65.55 |
| Upside Target | 65.69 |
| Upside Target | 68.22 |
| Upside Target | 69.95 |
| Upside Target | 73.35 |
| Upside Target | 78.45 |
| Upside Target | 90.05 |
Intraday share price targets for Gulfpetro (Gulfpetro)
| Target Type | Value |
| Downside Intraday Target | 54.16 |
| Downside Intraday Target | 50.29 |
| Upside Intraday Target | 62.49 |
| Upside Intraday Target | 66.95 |
| Upside Intraday Target | 58.62 |
Weekly technical analysis of Gulfpetro (Gulfpetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 58.02 | 61.35 | 63.09 | 54.76 | 0.39 times |
| 31 Fri May 2024 | 60.72 | 63.06 | 65.55 | 60.00 | 1.674 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 |
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 |
| 04 Tue Jun 2024 | 58.02 | 61.35 | 63.09 | 54.76 | 0.105 times |
| 31 Fri May 2024 | 60.72 | 69.74 | 69.95 | 60.00 | 0.744 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 |
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 62.25 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 62.25 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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