GULF KEYSTONE PETROLEUM LTD (GKP.L) Stock Technical Analysis
LON:GKP - London Exchange - BMG4209G2077 - Common Stock - Currency: GBX
Taking everything into account, GKP scores 6 out of 10 in our technical rating. In the last year, GKP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, GKP outperforms 67% of them, which is more or less in line with the market.
GKP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GKP is lagging the market.
In the last month GKP has a been trading in the 149.00 - 188.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GKP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for GKP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
147.90
185.65
3 important support areas can be observed.
- Support @156.98 from a trend line in the weekly time frame.
- Support @153.72 from a trend line in the daily time frame.
- A support zone ranging from 149.39 to 151.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @175.41 from a horizontal line in the weekly time frame.
- Resistance @180.76 from a trend line in the daily time frame.
- Resistance @183.81 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for GKP.L is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GKP.L is neutral. |
| ChartMill Relative Strength | 67.4 | NEUTRAL | GKP.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GKP.L is below the rising 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) | UP | POSITIVE | The current price of GKP.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.4 | NEUTRAL | The RSI value for GKP.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests GKP.L has a negative trend. |
| Stochastics (14,3) | 34.82 | NEUTRAL | The Stochastics value for GKP.L is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for GKP.L suggests high volalility. |
| Average Directional Index/ADX (14) | 30.86 | POSITIVE | The high ADX value value for GKP.L suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 175.42 | 160.39 | 15.03 (8.57%) | 11.67% |
| An entry @175.42. This is a Buy Stop order right above the resistance zone. | An exit @160.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 15.03 points, which is 8.57%. | For a 1.00% total portfolio risk, you can invest 11.67% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GKP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:GKP (7/18/2025, 5:29:55 PM)
167.8
-4 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.33%
1 Week1.7%
2 Weeks-4.33%
1 Month4.74%
3 Month8.75%
6 Month0.84%
12 Month23.11%
2 Year35.65%
3 Year-29.05%
5 Year85.41%
10 Year-94.21%
15 Year-98.09%
Volatility
ATR(14)10.09
ATR(20)%5.55%
ATR Inc-17.3%
Range Today4.2
ADR(20)8.37
ADR(20)%4.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.4
Mansfield0.25
10 Day High188.4
10 Day Low160.4
20 Day High188.4
20 Day Low149
52 Week High210
52 Week Low111
CS1 End156.98
CR1 Start175.41
Volume & EV
DER(3)5.11%
DER(5)5.5%
Volume141.04K
Volume Incr-2.89%
Vol(5)143.91K
Vol(50)119.32K