Gulf Oil Lubricants India Technical Momentum Shifts Amid Mixed Market Signals

Nov 19 2025 08:08 AM IST
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Gulf Oil Lubricants India has experienced a notable shift in its technical momentum, with recent data indicating a transition from a sideways trend to a mildly bearish stance. This change is underscored by a combination of technical indicators, including MACD, RSI, Bollinger Bands, and moving averages, which collectively paint a nuanced picture of the stock’s current market behaviour.



The stock, currently priced at ₹1,169.15, recorded a day change of -2.86%, closing below its previous close of ₹1,203.60. Its 52-week trading range spans from ₹950.00 to ₹1,331.20, reflecting considerable volatility over the past year. Technical trend analysis reveals a shift to mildly bearish on weekly and monthly MACD readings, while the RSI remains neutral with no clear signal on both weekly and monthly timeframes. Bollinger Bands indicate bearish pressure on weekly and monthly charts, suggesting increased price volatility and potential downward momentum.




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Moving averages on a daily basis show a mildly bullish signal, indicating some short-term upward price support despite broader bearish tendencies. The KST (Know Sure Thing) indicator aligns with the mildly bearish outlook on weekly and monthly charts, while Dow Theory presents a mixed view: mildly bearish weekly but mildly bullish monthly. On-balance volume (OBV) also reflects mildly bearish sentiment across weekly and monthly periods, suggesting that volume trends may be supporting the recent price declines.



When compared to the broader market, Gulf Oil Lubricants India’s returns have shown varied performance. Over the past week and month, the stock’s returns were negative at -3.90% and -3.89% respectively, contrasting with the Sensex’s positive returns of 0.96% and 0.86% for the same periods. Year-to-date, the stock’s return stands at -3.82%, while the Sensex has recorded an 8.36% gain. Over longer horizons, Gulf Oil Lubricants India has outperformed the Sensex over three years with a 178.30% return versus 37.31%, but underperformed over five and ten years with 57.38% and 148.62% returns compared to the Sensex’s 91.65% and 232.28% respectively.




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The market capitalisation grade for Gulf Oil Lubricants India is 3, reflecting its mid-tier size within the oil sector. The Mojo Score currently stands at 52.0, with a recent adjustment in evaluation noted on 1 July 2025, when the grade shifted from Buy to Hold. This revision aligns with the technical parameter changes triggered on 19 November 2025, highlighting the evolving market dynamics impacting the stock.



Investors analysing Gulf Oil Lubricants India should consider the mixed signals from technical indicators and the stock’s relative performance against the Sensex. While short-term momentum shows some bearish tendencies, longer-term moving averages and Dow Theory monthly signals suggest potential underlying strength. The divergence between volume-based indicators and price action further emphasises the need for cautious interpretation of current trends.



Overall, Gulf Oil Lubricants India’s technical landscape is characterised by a complex interplay of mildly bearish and mildly bullish signals across different timeframes and indicators. This nuanced scenario calls for careful monitoring of momentum shifts and technical parameter changes to better understand the stock’s future trajectory within the oil sector.






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