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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 2024-06-20 View latest technical analysis

10 day averaged volume of Gulfpetro is 23997

Date Daily Closing Price Open High Low Volume
20 Thu Jun 2024 67.05 67.27 69.66 66.46 2.1 times
19 Wed Jun 2024 67.96 68.18 69.39 67.50 2.048 times
18 Tue Jun 2024 68.79 67.25 69.30 66.90 1.711 times
14 Fri Jun 2024 63.98 62.50 65.30 62.50 1.153 times
13 Thu Jun 2024 63.98 62.50 65.30 62.50 1.153 times
12 Wed Jun 2024 63.41 64.28 64.28 62.94 0.267 times
11 Tue Jun 2024 63.02 63.50 66.50 62.45 0.608 times
10 Mon Jun 2024 62.25 65.00 65.00 62.00 0.944 times
07 Fri Jun 2024 61.97 61.08 63.35 60.75 1.044 times
06 Thu Jun 2024 61.31 63.44 63.44 60.50 0.339 times

Stock of Gulfpetro (Gulfpetro) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.7, but if it comes below 65.7, then a intra day sell could be more profitable.
If you take a sell trade below 65.7, then use 65.7 as stoploss and 63.16 as target. However if you take a buy trade in stock , then use 65.7 as stoploss and 68.7 as target.

Share price targets for Gulfpetro (Gulfpetro)

Target Type Value
Downside Target 54.76
Downside Target 57.69
Downside Target 60.00
Downside Target 62.00
Downside Target 63.31
Downside Target 65.55
Downside Target 66.50
Upside Target 69.66
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 65.79
Downside Intraday Target 64.52
Upside Intraday Target 68.99
Upside Intraday Target 70.92
Upside Intraday Target 67.72

Weekly technical analysis of Gulfpetro (Gulfpetro)

Date Weekly Closing Price Open High Low Volume
20 Thu Jun 2024 67.05 67.25 69.66 66.46 1.421 times
14 Fri Jun 2024 63.98 65.00 66.50 62.00 1.077 times
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

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
20 Thu Jun 2024 67.05 61.35 69.66 54.76 0.847 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 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 neutral. A longer time frame might give a better analysis.

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 green color and prices are above the green 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 and the buying is gaining 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 65.52 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 positive

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 neutral. A longer time frame might give a better analysis.

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 green color and prices are above the green 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 and the buying is gaining 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 65.52 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 positive

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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