
Europe - London Exchange - LON:GKP - BMG4209G2077 - Common Stock
We assign a technical rating of 2 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.
GKP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 174.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GKP in the last couple of days, which is a good sign.
149.28
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for GKP.L is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GKP.L is neutral. |
| ChartMill Relative Strength | 27.28 | NEGATIVE | GKP.L has a low relative strength, it was outperformed by 72.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GKP.L is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GKP.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GKP.L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.96 | NEUTRAL | The RSI value for GKP.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests GKP.L has a positive trend. |
| Stochastics (14,3) | 52.98 | NEUTRAL | The Stochastics value for GKP.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for GKP.L suggests some volalility. |
| Average Directional Index/ADX (14) | 12.98 | NEGATIVE | The low ADX value for GKP.L suggests a weak or negative trend. |
LON:GKP (1/9/2026, 5:29:51 PM)
175.3
+2.7 (+1.56%)
ChartMill assigns a technical rating of 2 / 10 to GKP.L.
The current trend direction for GULF KEYSTONE PETROLEUM LTD (GKP.L) is Bearish.
GULF KEYSTONE PETROLEUM LTD (GKP.L) has an RSI value of 51.9598. This indicates that the stock is currently neutral.
The short term momentum for GULF KEYSTONE PETROLEUM LTD (GKP.L) is neutral.
GULF KEYSTONE PETROLEUM LTD (GKP.L) has a support level at 174.85 and a resistance level at 175.76. Check the full technical report for our detailed analysis of GKP.L support and resistance levels.