Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-31 View latest technical analysis

10 day averaged volume of Gulfpetro is 77092

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	54.68	58.90	58.90	53.74	0.048 times
30 Mon Dec 2024	54.50	57.00	57.00	53.99	0.726 times
27 Fri Dec 2024	54.87	56.24	56.24	54.68	0.071 times
26 Thu Dec 2024	55.14	55.68	55.68	53.82	0.082 times
24 Tue Dec 2024	54.65	54.49	55.12	53.80	0.21 times
23 Mon Dec 2024	54.05	54.61	55.44	53.45	0.12 times
20 Fri Dec 2024	54.47	57.00	57.00	54.15	1.467 times
19 Thu Dec 2024	56.43	55.78	57.63	55.49	1.86 times
18 Wed Dec 2024	56.66	57.21	58.31	56.39	1.591 times
17 Tue Dec 2024	57.52	59.79	59.79	57.33	2.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55, but if it comes above 55, then a intra day buy could be more profitable.
If you take a sell trade below 55, then use 55 as stoploss and 51.2 as target. However if you take a buy trade in stock , then use 55 as stoploss and 58.14 as target.

Share price targets for Gulfpetro (Gulfpetro)

Target Type	Value
Downside Target	53.45
Upside Target	56.24
Upside Target	58.31
Upside Target	60.25
Upside Target	64.99
Upside Target	67.98
Upside Target	73.00
Upside Target	77.01
Upside Target	83.00
Upside Target	83.66
Upside Target	93.45

Intraday share price targets for Gulfpetro (Gulfpetro)

Target Type	Value
Downside Intraday Target	52.65
Downside Intraday Target	50.61
Upside Intraday Target	57.81
Upside Intraday Target	60.93
Upside Intraday Target	55.77

Weekly technical analysis of Gulfpetro (Gulfpetro)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	54.68	57.00	58.90	53.74	1.6 times
27 Fri Dec 2024	54.87	54.61	56.24	53.45	0.055 times
20 Fri Dec 2024	54.47	60.25	60.25	54.15	0.716 times
13 Fri Dec 2024	59.07	62.99	62.99	58.31	0.794 times
06 Fri Dec 2024	61.63	62.29	67.98	61.29	2.155 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
31 Tue Dec 2024	54.68	62.29	67.98	53.45	2.851 times
29 Fri Nov 2024	61.02	72.01	73.00	59.00	2.066 times
31 Thu Oct 2024	70.60	80.11	83.66	64.99	0.204 times
30 Mon Sep 2024	80.84	81.68	93.45	77.01	1.637 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gulfpetro in short term but the buy signal is initial and weak.

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 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 moving up

CCI has generated a buy signal for Gulfpetro in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 56.11 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.