GULF KEYSTONE PETROLEUM LTD (GKP.L) Stock Technical Analysis
LON:GKP - London Exchange - BMG4209G2077 - Common Stock - Currency: GBX
Overall GKP gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GKP was also a bad performer in the overall market in the last year.
84% of all other stocks performed better in the past year than GKP.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GKP has a been trading in the 147.60 - 165.70 range, which is quite wide. It is currently trading near the high 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.
Volume is considerably higher 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 support zone below the current price at 160.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
145.20
165.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 153.70 to 160.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @146.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 161.71 to 163.41. 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 | NEUTRAL | NEUTRAL | The long term trend for GKP.L is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GKP.L is up. |
| ChartMill Relative Strength | 16.69 | NEGATIVE | GKP.L has a low relative strength, it was outperformed by 83.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GKP.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GKP.L is above 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) | 56.19 | NEUTRAL | The RSI value for GKP.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests GKP.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.75 | NEUTRAL | The Stochastics value for GKP.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for GKP.L suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for GKP.L suggests a weak or negative 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 (6/19/2025, 5:29:59 PM)
161.7
+0.7 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.43%
1 Week1.19%
2 Weeks5.07%
1 Month6.1%
3 Month-21.04%
6 Month20.85%
12 Month7.44%
2 Year33.97%
3 Year-37.93%
5 Year78.67%
10 Year-95.63%
15 Year-97.62%
Volatility
ATR(14)3.81
ATR(20)%2.33%
ATR Inc23.93%
Range Today4.3
ADR(20)3.52
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.69
Mansfield0.4
10 Day High165.7
10 Day Low153.6
20 Day High165.7
20 Day Low147.6
52 Week High210
52 Week Low111
CS1 End160.56
CR1 Start161.71
Volume & EV
DER(3)-7.69%
DER(5)-0.12%
Volume138.16K
Volume Incr99.71%
Vol(5)181.12K
Vol(50)121.33K