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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)

Showing technical analysis as on 2023-03-22 View latest technical analysis

10 day averaged volume of Cont Petro is 1939

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	42.00	42.20	42.20	42.00	0.224 times
21 Tue Mar 2023	41.70	43.25	43.25	41.00	0.699 times
20 Mon Mar 2023	42.40	42.30	42.50	41.00	0.039 times
17 Fri Mar 2023	42.30	41.10	42.30	41.10	0.263 times
16 Thu Mar 2023	42.34	42.39	42.39	40.10	0.077 times
15 Wed Mar 2023	41.00	42.00	43.73	41.00	0.121 times
14 Tue Mar 2023	42.10	42.10	43.60	42.10	0.098 times
13 Mon Mar 2023	44.00	43.90	44.97	42.57	2.73 times
10 Fri Mar 2023	44.80	42.61	45.50	42.61	2.878 times
09 Thu Mar 2023	43.48	42.80	43.57	41.10	2.58 times

My analysis of stock is bullish for shortterm, and stock might move up till 43 or till 44.9. Use a stoploss of 41.44 and if this stock hits its stoploss, then it can fall down till 39.86

Share price targets for Cont Petro (ContPetro)

Target Type	Value
Downside Target	38.00
Downside Target	40.10
Downside Target	41.00
Upside Target	42.50
Upside Target	44.97
Upside Target	45.50
Upside Target	45.70
Upside Target	46.45
Upside Target	48.30
Upside Target	49.00
Upside Target	54.00

Intraday share price targets for Cont Petro (ContPetro)

Target Type	Value
Downside Intraday Target	40.92
Downside Intraday Target	39.83
Upside Intraday Target	43.17
Upside Intraday Target	44.33
Upside Intraday Target	42.08

Weekly technical analysis of Cont Petro (ContPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	42.00	42.30	43.25	41.00	0.292 times
17 Fri Mar 2023	42.30	43.90	44.97	40.10	0.548 times
10 Fri Mar 2023	44.80	42.69	45.50	39.25	0.653 times
03 Fri Mar 2023	40.74	41.80	42.50	38.00	1.357 times
24 Fri Feb 2023	40.50	46.45	46.45	39.10	0.441 times

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

Monthly technical analysis of Cont Petro (ContPetro)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	42.00	38.45	45.50	38.45	0.421 times
28 Tue Feb 2023	39.20	41.25	49.00	38.00	2.283 times
31 Tue Jan 2023	42.30	43.00	45.70	41.05	0.428 times
30 Fri Dec 2022	44.50	42.05	48.30	39.00	1.229 times

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cont Petro ( (ContPetro) ) based on a short 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Cont Petro in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cont Petro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Cont Petro in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 43.77 and Cont Petro (ContPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.