GULF KEYSTONE PETROLEUM LTD (GKP.L) Stock Technical Analysis
LON:GKP - London Exchange - BMG4209G2077 - Common Stock - Currency: GBX
We assign a technical rating of 0 out of 10 to GKP. GKP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GKP is a bad performer in the overall market: 76% of all stocks are doing better.
In the last month GKP has a been trading in the 147.60 - 160.20 range, which is quite wide. It is currently trading near the lows of this range.
GKP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GKP is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
GKP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 157.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 150.79, a Stop Loss order could be placed below this zone.
More info and screens
142.04
159.39
We found 2 important support areas.
- A support zone ranging from 149.39 to 150.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @143.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 157.01 to 157.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GKP.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GKP.L is down. |
| ChartMill Relative Strength | 24.67 | NEGATIVE | GKP.L has a low relative strength, it was outperformed by 75.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GKP.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GKP.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GKP.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.72 | NEUTRAL | The RSI value for GKP.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests GKP.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.26 | NEUTRAL | The Stochastics value for GKP.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for GKP.L suggests some volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for GKP.L suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LON:GKP (5/23/2025, 5:29:26 PM)
150.8
+1.2 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.8%
1 Week-3.08%
2 Weeks-2.33%
1 Month-4.44%
3 Month-21.62%
6 Month4.8%
12 Month9.67%
2 Year14.33%
3 Year-45.66%
5 Year106.86%
10 Year-95.98%
15 Year-98.04%
Volatility
ATR(14)3.76
ATR(20)%2.56%
ATR Inc6.87%
Range Today4
ADR(20)3.69
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.67
Mansfield0.01
10 Day High160.2
10 Day Low147.6
20 Day High160.2
20 Day Low147.6
52 Week High210
52 Week Low111
CS1 End150.79
CR1 Start157.01
Volume & EV
DER(3)-0.33%
DER(5)-0.22%
Volume64.10K
Volume Incr-31.5%
Vol(5)72.51K
Vol(50)131.75K