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 2024-07-10 View latest technical analysis

10 day averaged volume of Gp Petroleums is 580735

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	70.51	71.59	71.59	67.93	0.439 times
09 Tue Jul 2024	70.91	70.84	71.85	69.90	0.503 times
08 Mon Jul 2024	70.49	71.30	72.82	69.35	0.635 times
05 Fri Jul 2024	70.63	71.47	71.49	70.19	0.424 times
04 Thu Jul 2024	71.48	73.11	73.84	70.50	0.639 times
03 Wed Jul 2024	73.00	73.90	75.00	72.75	2.555 times
02 Tue Jul 2024	71.42	67.47	72.50	67.31	3.962 times
01 Mon Jul 2024	67.36	66.01	67.92	65.41	0.47 times
28 Fri Jun 2024	65.83	67.15	67.89	65.22	0.205 times
27 Thu Jun 2024	67.19	67.80	69.00	66.85	0.278 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 70.9 as stoploss in an intra day sell trade for a target of 68.44. However, stock will show a bullish move above 70.9.

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	55.05
Downside Target	57.25
Downside Target	59.55
Downside Target	61.90
Downside Target	65.22
Downside Target	69.70
Upside Target	71.50
Upside Target	72.82
Upside Target	73.40
Upside Target	75.00
Upside Target	90.20

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	68.02
Downside Intraday Target	65.53
Upside Intraday Target	72.91
Upside Intraday Target	75.31
Downside Intraday Target	70.42

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	70.51	71.30	72.82	67.93	0.196 times
05 Fri Jul 2024	70.63	66.01	75.00	65.41	3.688 times
28 Fri Jun 2024	65.83	67.83	71.50	65.22	0.714 times
21 Fri Jun 2024	67.20	67.25	69.70	66.40	1.159 times
14 Fri Jun 2024	66.92	63.00	67.50	62.05	2.006 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
10 Wed Jul 2024	70.51	66.01	75.00	65.41	1.047 times
28 Fri Jun 2024	65.83	63.65	71.50	55.05	1.923 times
31 Fri May 2024	60.90	69.40	69.75	59.55	0.529 times
30 Tue Apr 2024	68.35	62.00	73.40	61.90	0.197 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gp Petroleums in short term and the buy signal is strong.

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. 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 Gp Petroleums 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 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 71.25 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.