(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 2024-06-07 View latest technical analysis
10 day averaged volume of Gulfpetro is 18787
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 61.97 | 61.08 | 63.35 | 60.75 | 1.334 times |
| 06 Thu Jun 2024 | 61.31 | 63.44 | 63.44 | 60.50 | 0.433 times |
| 05 Wed Jun 2024 | 60.46 | 60.64 | 61.45 | 55.95 | 0.935 times |
| 04 Tue Jun 2024 | 58.02 | 63.09 | 63.09 | 54.76 | 1.935 times |
| 03 Mon Jun 2024 | 61.64 | 61.35 | 62.35 | 61.00 | 0.254 times |
| 31 Fri May 2024 | 60.72 | 60.59 | 62.70 | 60.50 | 0.353 times |
| 30 Thu May 2024 | 61.83 | 64.00 | 64.00 | 61.50 | 0.323 times |
| 29 Wed May 2024 | 62.74 | 63.98 | 63.98 | 61.77 | 0.944 times |
| 28 Tue May 2024 | 62.62 | 64.70 | 65.55 | 60.00 | 3.185 times |
| 27 Mon May 2024 | 62.51 | 63.06 | 63.96 | 62.00 | 0.811 times |
My analysis of stock is bearish for shortterm, and stock might move down till 61 or till 59. Use a stoploss of 62.65 and if the stock hits stoploss, then it can shoot up till 64.29
Share price targets for Gulfpetro (Gulfpetro)
| Target Type | Value |
| Downside Target | 54.76 |
| Downside Target | 57.69 |
| Downside Target | 60.00 |
| Upside Target | 63.31 |
| 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 | 56.67 |
| Downside Intraday Target | 51.38 |
| Upside Intraday Target | 65.35 |
| Upside Intraday Target | 68.74 |
| Downside Intraday Target | 60.06 |
Weekly technical analysis of Gulfpetro (Gulfpetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 61.97 | 61.35 | 63.44 | 54.76 | 0.871 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 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 |
| 07 Fri Jun 2024 | 61.97 | 61.35 | 63.44 | 54.76 | 0.235 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 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 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 short 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gulfpetro in short term and BUY 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 61.33 and Gulfpetro (Gulfpetro) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 short 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gulfpetro in short term and BUY 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 61.33 and Gulfpetro (Gulfpetro) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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