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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 2024-09-13 View latest technical analysis

10 day averaged volume of Gulfpetro is 162203

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	86.94	87.80	88.45	86.19	0.252 times
12 Thu Sep 2024	87.80	86.44	92.22	85.85	0.887 times
11 Wed Sep 2024	84.75	89.77	89.77	84.49	0.395 times
10 Tue Sep 2024	88.90	89.20	92.64	88.10	2.192 times
09 Mon Sep 2024	87.66	78.00	89.75	77.25	2.206 times
06 Fri Sep 2024	78.94	80.37	81.70	77.50	0.538 times
05 Thu Sep 2024	80.36	80.97	83.08	79.75	0.341 times
04 Wed Sep 2024	80.97	81.50	83.75	80.66	0.313 times
03 Tue Sep 2024	82.46	78.79	85.50	77.48	1.862 times
02 Mon Sep 2024	77.62	81.68	81.68	77.01	0.315 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.3, but if it comes below 85.3, then a intra day sell could be more profitable.
If you take a sell trade below 85.3, then use 85.3 as stoploss and 78.82 as target. However if you take a buy trade in stock , then use 85.3 as stoploss and 93 as target.

Share price targets for Gulfpetro (Gulfpetro)

Target Type	Value
Downside Target	54.76
Downside Target	60.00
Downside Target	61.80
Downside Target	65.50
Downside Target	69.30
Downside Target	72.50
Downside Target	77.01
Downside Target	82.05
Downside Target	83.00
Downside Target	85.50
Upside Target	92.64

Intraday share price targets for Gulfpetro (Gulfpetro)

Target Type	Value
Downside Intraday Target	78.58
Downside Intraday Target	70.22
Upside Intraday Target	93.97
Upside Intraday Target	101
Downside Intraday Target	85.61

Weekly technical analysis of Gulfpetro (Gulfpetro)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	86.94	78.00	92.64	77.25	1.761 times
06 Fri Sep 2024	78.94	81.68	85.50	77.01	0.716 times
30 Fri Aug 2024	80.91	71.18	83.00	69.30	4.272 times
23 Fri Aug 2024	71.14	66.20	72.80	66.20	1.142 times
16 Fri Aug 2024	66.79	68.32	72.50	66.10	0.698 times

Price has moved up 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
13 Fri Sep 2024	86.94	81.68	92.64	77.01	1.017 times
30 Fri Aug 2024	80.91	77.93	83.00	61.80	0.815 times
31 Wed Jul 2024	77.93	67.39	82.05	65.50	3.58 times
28 Fri Jun 2024	65.83	61.35	70.88	54.76	1.298 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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.

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 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 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

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 85.44 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.