Bullish continuing trend Based on the latest data from TradingView, Gulf Pharmaceutical Industries (JULPHAR) is currently trading at 1.33 AED. The stock has shown significant movement, with a 72.06% increase in the last month and a 72.50% increase year-to-date. Recently, JULPHAR experienced a strong bullish trend, breaking above its 200-day Exponential Moving Average (EMA) and surpassing the resistance level of 1.17 AED with robust bullish candles. This pattern indicates a continuing bullish trend.
Considering these factors and employing technical analysis augmented with machine learning techniques, my prediction for JULPHAR's future price is a continued upward trend in the short term. Specifically, I forecast that JULPHAR will reach approximately 1.45 AED in the near future.
