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(ContPetro) Cont Petro complete technical analysis [charts+indicators] | Buy/Sell Cont Petro | (ContPetro) share price targets

Complete technical analysis of Cont Petro (ContPetro) by charts plus indicators, forecast predictions and share price targets for Cont Petro (ContPetro)

10 day averaged volume of Cont Petro is 1847

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 82.00 80.95 84.25 80.95 2.806 times
27 Wed Mar 2024 82.60 82.60 82.60 82.60 1.847 times
26 Tue Mar 2024 84.25 82.60 84.25 82.60 2.737 times
22 Fri Mar 2024 82.60 81.00 82.60 81.00 1.938 times
21 Thu Mar 2024 81.00 82.65 82.65 81.00 0.605 times
20 Wed Mar 2024 82.65 82.65 82.65 82.65 0.076 times
19 Tue Mar 2024 84.30 84.30 84.30 84.30 0.272 times
18 Mon Mar 2024 86.00 86.00 86.00 86.00 0.188 times
15 Fri Mar 2024 87.75 88.00 88.00 87.75 0.075 times
14 Thu Mar 2024 89.50 89.15 89.50 89.15 2.234 times

Stock of Cont Petro (ContPetro) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.6, but if it comes above 83.6, then a intra day buy could be more profitable.
If you take a sell trade below 83.6, then use 83.6 as stoploss and 76 as target. However if you take a buy trade in stock , then use 83.6 as stoploss and 90 as target.

Share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Target 43.75
Downside Target 51.25
Downside Target 58.50
Downside Target 75.28
Downside Target 80.95
Upside Target 84.25
Upside Target 86.00
Upside Target 87.75
Upside Target 89.88
Upside Target 94.10
Upside Target 96.15
Upside Target 98.00
Upside Target 98.90
Upside Target 107.17
Upside Target 114.00

Intraday share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Intraday Target 80.55
Downside Intraday Target 79.1
Upside Intraday Target 83.85
Upside Intraday Target 85.7
Upside Intraday Target 82.4

Weekly technical analysis of Cont Petro (ContPetro)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 82.00 82.60 84.25 80.95 2.399 times
22 Fri Mar 2024 82.60 86.00 86.00 81.00 0.889 times
15 Fri Mar 2024 87.75 94.10 94.10 87.75 0.135 times
07 Thu Mar 2024 96.00 96.05 96.15 94.10 4.491 times
02 Sat Mar 2024 98.00 107.17 107.17 98.00 0.12 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Cont Petro (ContPetro)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 82.00 98.90 98.90 80.95 0.202 times
29 Thu Feb 2024 100.88 82.25 114.00 75.28 0.812 times
31 Wed Jan 2024 79.24 53.23 89.88 51.71 3.139 times
29 Fri Dec 2023 54.32 46.00 58.50 43.75 1.619 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cont Petro (ContPetro)

Price action analysis of Cont Petro ( (ContPetro) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cont Petro ( (ContPetro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Cont Petro ( (ContPetro) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cont Petro ( (ContPetro) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cont Petro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cont Petro in short term and the sell signal is strong.

Cont Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Cont Petro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Cont Petro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.07 and Cont Petro (ContPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cont Petro (ContPetro) stock. Volume based technical analysis of Cont Petro (ContPetro) stock is negative.

Cont Petro Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Cont Petro ( (ContPetro) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cont Petro ( (ContPetro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Cont Petro ( (ContPetro) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cont Petro ( (ContPetro) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cont Petro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cont Petro in short term and the sell signal is strong.

Cont Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Cont Petro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Cont Petro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.07 and Cont Petro (ContPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cont Petro (ContPetro) stock. Volume based technical analysis of Cont Petro (ContPetro) stock is negative.

Cont Petro Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Cont Petro charts

Click here for further forecast and predictions for tomorrow

Daily charts

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