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

(GULFPETRO) Gp Petroleums complete technical analysis [charts+indicators] | Buy/Sell Gp Petroleums | (GULFPETRO) share price targets

Complete technical analysis of Gp Petroleums (GULFPETRO) by charts plus indicators, forecast predictions and share price targets for Gp Petroleums (GULFPETRO)

Gp Petroleums trades in NSE in Oil Marketing & Distribution sector.

10 day averaged volume of Gp Petroleums is 263100

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	68.25	69.30	70.00	67.20	0.664 times
23 Tue Apr 2024	68.70	65.60	69.45	65.50	1.049 times
22 Mon Apr 2024	65.70	66.70	67.20	65.35	0.388 times
19 Fri Apr 2024	65.35	65.05	66.60	64.50	0.425 times
18 Thu Apr 2024	66.35	66.85	68.60	65.80	0.392 times
16 Tue Apr 2024	67.05	65.95	68.55	65.50	0.519 times
15 Mon Apr 2024	66.40	66.15	67.95	63.90	1.161 times
12 Fri Apr 2024	68.90	72.50	72.50	68.80	0.921 times
10 Wed Apr 2024	71.80	70.50	73.40	70.50	2.344 times
09 Tue Apr 2024	70.50	66.95	71.50	66.85	2.055 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 69.3 as stoploss in an intra day sell trade for a target of 66.1. However, stock will show a bullish move above 69.3.

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	51.30
Downside Target	57.25
Downside Target	59.70
Downside Target	61.90
Downside Target	63.90
Downside Target	65.35
Upside Target	68.60
Upside Target	70.00
Upside Target	73.40
Upside Target	78.80
Upside Target	81.45
Upside Target	90.20

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	65.73
Downside Intraday Target	63.22
Upside Intraday Target	70.38
Upside Intraday Target	72.52
Downside Intraday Target	67.87

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	68.25	66.70	70.00	65.35	0.841 times
19 Fri Apr 2024	65.35	66.15	68.60	63.90	0.412 times
12 Fri Apr 2024	68.90	68.40	73.40	65.80	1.025 times
05 Fri Apr 2024	67.95	62.00	69.05	61.90	1.573 times
28 Thu Mar 2024	60.35	62.00	63.95	59.70	0.779 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 Gp Petroleums (GULFPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	68.25	62.00	73.40	61.90	0.164 times
28 Thu Mar 2024	60.35	67.70	90.20	57.25	2.805 times
29 Thu Feb 2024	66.75	73.15	78.80	60.10	1.8 times
31 Wed Jan 2024	73.05	67.05	81.45	64.00	0.48 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 Gp Petroleums (GULFPETRO)

Price action analysis of Gp Petroleums ( (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 Gp Petroleums ( (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 Gp Petroleums ( (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 Gp Petroleums stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Gp Petroleums 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.

Gp Petroleums 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Gp Petroleums is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.08 and Gp Petroleums (GULFPETRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Gp Petroleums (GULFPETRO) stock. Volume based technical analysis of Gp Petroleums (GULFPETRO) stock is negative.

Gp Petroleums Stock is giving positive 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.