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(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 2024-12-23 View latest technical analysis

10 day averaged volume of Gp Petroleums is 352857

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	53.96	55.00	55.41	53.26	0.414 times
20 Fri Dec 2024	54.60	56.10	56.82	54.21	0.763 times
19 Thu Dec 2024	56.51	56.25	57.79	55.46	1.048 times
18 Wed Dec 2024	56.73	57.87	58.31	56.51	0.841 times
17 Tue Dec 2024	57.64	58.99	58.99	57.40	1.051 times
16 Mon Dec 2024	58.72	59.15	59.92	58.25	0.794 times
13 Fri Dec 2024	59.15	60.30	60.30	58.40	0.852 times
12 Thu Dec 2024	59.82	60.46	60.84	59.10	0.917 times
11 Wed Dec 2024	60.66	61.50	61.79	59.90	1.123 times
10 Tue Dec 2024	60.63	61.27	62.50	59.70	1.375 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 53.9, for a target of 57.3 or 60.02

Share price targets for Gp Petroleums (GULFPETRO)

Target Type	Value
Downside Target	53.26
Upside Target	55.41
Upside Target	58.40
Upside Target	59.61
Upside Target	64.10
Upside Target	68.00
Upside Target	73.50
Upside Target	76.99
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	53.01
Downside Intraday Target	52.06
Upside Intraday Target	55.16
Upside Intraday Target	56.36
Upside Intraday Target	54.21

Weekly technical analysis of Gp Petroleums (GULFPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	53.96	55.00	55.41	53.26	0.092 times
20 Fri Dec 2024	54.60	59.15	59.92	54.21	0.817 times
13 Fri Dec 2024	59.15	61.66	62.69	58.40	0.691 times
06 Fri Dec 2024	61.66	62.20	68.00	61.30	2.492 times
29 Fri Nov 2024	61.04	62.10	64.80	60.20	1.73 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
23 Mon Dec 2024	53.96	62.20	68.00	53.26	1.291 times
29 Fri Nov 2024	61.04	70.90	73.50	59.61	0.892 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

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 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing 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 58.28 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.