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 2024-11-07 View latest technical analysis

10 day averaged volume of Gp Petroleums is 303301

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	68.24	71.00	71.00	67.80	2.184 times
06 Wed Nov 2024	70.91	70.00	73.50	69.15	3.344 times
05 Tue Nov 2024	69.75	67.40	72.00	66.60	1.326 times
04 Mon Nov 2024	66.74	70.59	70.59	66.35	1.001 times
01 Fri Nov 2024	70.59	70.90	72.70	69.40	0.263 times
31 Thu Oct 2024	70.45	68.90	71.00	68.03	1.011 times
30 Wed Oct 2024	68.91	66.55	69.30	65.95	0.54 times
29 Tue Oct 2024	65.90	66.80	67.32	64.15	0.461 times
28 Mon Oct 2024	65.63	67.00	67.59	64.10	0.884 times
25 Fri Oct 2024	66.53	70.39	71.35	65.82	0.778 times

Stock of Gp Petroleums (GULFPETRO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.2 as stoploss in an intra day buy trade for a target of 71.93. However, stock will show a bearish move below 67.2.

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	61.55
Downside Target	64.10
Downside Target	65.41
Upside Target	72.70
Upside Target	76.99
Upside Target	78.33
Upside Target	81.00
Upside Target	81.99
Upside Target	82.07
Upside Target	83.00
Upside Target	84.01
Upside Target	93.48

Intraday share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Intraday Target	65.23
Downside Intraday Target	62.21
Upside Intraday Target	72.38
Upside Intraday Target	76.51
Upside Intraday Target	69.36

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	68.24	70.59	73.50	66.35	2.487 times
01 Fri Nov 2024	70.59	67.00	72.70	64.10	0.746 times
25 Fri Oct 2024	66.53	77.90	78.33	65.82	1.318 times
18 Fri Oct 2024	77.18	78.80	82.07	75.78	0.646 times
11 Fri Oct 2024	78.32	80.30	81.00	74.31	1.169 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 Gp Petroleums (GULFPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	68.24	70.90	73.50	66.35	0.437 times
31 Thu Oct 2024	70.45	81.40	84.01	64.10	0.224 times
30 Mon Sep 2024	80.84	81.99	93.48	76.99	1.955 times
30 Fri Aug 2024	80.99	78.38	83.00	61.55	0.814 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)

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Gp Petroleums stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 68.91 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.