(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 37193
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 40.10 | 41.15 | 41.15 | 40.00 | 1.784 times |
| 27 Fri Jan 2023 | 40.55 | 42.35 | 42.35 | 40.20 | 1.269 times |
| 25 Wed Jan 2023 | 41.40 | 42.35 | 42.35 | 41.15 | 1.086 times |
| 24 Tue Jan 2023 | 41.75 | 42.75 | 42.75 | 41.55 | 0.608 times |
| 23 Mon Jan 2023 | 42.00 | 42.70 | 42.70 | 41.65 | 2.629 times |
| 20 Fri Jan 2023 | 42.15 | 41.70 | 42.50 | 41.50 | 0.872 times |
| 19 Thu Jan 2023 | 41.85 | 42.45 | 42.45 | 41.70 | 0.34 times |
| 18 Wed Jan 2023 | 42.10 | 42.50 | 42.70 | 41.95 | 0.57 times |
| 17 Tue Jan 2023 | 42.10 | 42.75 | 42.80 | 41.85 | 1.199 times |
| 16 Mon Jan 2023 | 42.20 | 41.85 | 42.45 | 41.75 | 0.784 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 40.5, for a target of 41.4 or 42.06
Share price targets for Gp Petroleums (GULFPETRO)
| Target Type | Value |
| Downside Target | 39.55 |
| Upside Target | 41.15 |
| Upside Target | 43.55 |
| Upside Target | 43.90 |
| Upside Target | 45.40 |
| Upside Target | 49.75 |
| Upside Target | 52.45 |
| Upside Target | 57.90 |
| Upside Target | 59.00 |
| Upside Target | 67.20 |
Intraday share price targets for Gp Petroleums (GULFPETRO)
| Target Type | Value |
| Downside Intraday Target | 39.68 |
| Downside Intraday Target | 39.27 |
| Upside Intraday Target | 40.83 |
| Upside Intraday Target | 41.57 |
| Upside Intraday Target | 40.42 |
Weekly technical analysis of Gp Petroleums (GULFPETRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 40.10 | 41.15 | 41.15 | 40.00 | 0.319 times |
| 27 Fri Jan 2023 | 40.55 | 42.70 | 42.75 | 40.20 | 1.485 times |
| 20 Fri Jan 2023 | 42.15 | 41.85 | 42.80 | 41.50 | 0.785 times |
| 13 Fri Jan 2023 | 41.85 | 43.90 | 43.90 | 41.60 | 0.706 times |
| 06 Fri Jan 2023 | 42.80 | 43.40 | 43.55 | 42.05 | 0.772 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 |
| 30 Mon Jan 2023 | 40.10 | 43.40 | 43.90 | 40.00 | 0.382 times |
| 30 Fri Dec 2022 | 42.85 | 44.55 | 45.40 | 39.55 | 0.239 times |
| 30 Wed Nov 2022 | 44.50 | 53.50 | 59.00 | 39.55 | 2.888 times |
| 31 Mon Oct 2022 | 52.80 | 54.50 | 57.90 | 49.75 | 0.326 times |
Scroll below to view daily charts
Price has moved down 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 9, 21, 39 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 10 | Sell |
| CCI | -200 | Sell |
| RSI | 54 | Buy |
| OBV | -392108 | Sell |
| VWAP | 42 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Gp Petroleums in short term and the sell signal is strong.
Gp Petroleums 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 coming down
CCI has generated a SELL signal for Gp Petroleums in short term and SELL signal is strong!
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 Gp Petroleums is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.5 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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