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.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Gp Petroleums is 512899

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	71.75	69.00	71.85	68.45	0.455 times
01 Fri Mar 2024	68.45	67.70	69.45	67.05	0.412 times
29 Thu Feb 2024	66.75	68.25	68.45	65.55	0.342 times
28 Wed Feb 2024	67.70	71.80	71.80	66.75	0.724 times
27 Tue Feb 2024	71.15	73.50	74.80	70.75	0.341 times
26 Mon Feb 2024	72.50	75.35	75.70	71.60	0.535 times
23 Fri Feb 2024	74.55	76.45	77.30	74.35	0.723 times
22 Thu Feb 2024	75.95	74.50	77.80	72.50	1.443 times
21 Wed Feb 2024	73.90	77.10	78.80	73.10	1.603 times
20 Tue Feb 2024	76.35	72.90	78.40	70.80	2.764 times

My analysis of stock is bullish for shortterm, and stock might move up till 74.3 or till 78.6. Use a stoploss of 70.61 and if this stock hits its stoploss, then it can fall down till 66.97

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	42.45
Downside Target	51.30
Downside Target	55.50
Downside Target	60.10
Downside Target	64.00
Downside Target	65.45
Downside Target	70.80
Upside Target	74.00
Upside Target	75.70
Upside Target	76.55
Upside Target	78.80
Upside Target	81.45

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	66.3
Downside Intraday Target	60.85
Upside Intraday Target	76.45
Upside Intraday Target	81.15
Downside Intraday Target	71

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	71.75	75.35	75.70	65.55	0.367 times
23 Fri Feb 2024	74.55	75.85	78.80	70.80	2.364 times
16 Fri Feb 2024	70.10	67.30	74.00	60.10	0.951 times
09 Fri Feb 2024	68.25	75.75	76.55	66.40	0.271 times
02 Fri Feb 2024	75.55	67.05	81.45	64.00	1.177 times

Price has moved down 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
02 Sat Mar 2024	71.75	67.70	71.85	67.05	0.047 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
20 Fri Oct 2023	59.35	54.50	65.45	51.30	0.852 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Gp Petroleums ( (GULFPETRO) ) based on a short 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 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 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 Gp Petroleums stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Gp Petroleums in short term but the sell signal is initial and weak.

Gp Petroleums Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Gp Petroleums in short term but BUY signal is weak.

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 73.72 and Gp Petroleums (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 Gp Petroleums (GULFPETRO) stock. Volume based technical analysis of Gp Petroleums (GULFPETRO) stock is negative.

Gp Petroleums Stock has given negative 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.