(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 2023-09-12 View latest technical analysis
10 day averaged volume of Cont Petro is 3728
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Sep 2023 | 49.19 | 51.00 | 51.95 | 48.65 | 0.489 times |
| 11 Mon Sep 2023 | 49.50 | 50.40 | 50.98 | 48.20 | 0.524 times |
| 08 Fri Sep 2023 | 49.50 | 49.20 | 50.85 | 49.00 | 0.563 times |
| 07 Thu Sep 2023 | 50.04 | 49.99 | 50.48 | 49.01 | 1.951 times |
| 06 Wed Sep 2023 | 50.25 | 48.50 | 51.00 | 47.20 | 3.037 times |
| 05 Tue Sep 2023 | 49.50 | 49.99 | 50.80 | 48.85 | 0.72 times |
| 04 Mon Sep 2023 | 48.97 | 50.00 | 50.95 | 48.10 | 0.358 times |
| 01 Fri Sep 2023 | 50.28 | 50.00 | 51.00 | 49.25 | 0.769 times |
| 31 Thu Aug 2023 | 50.00 | 50.00 | 50.00 | 50.00 | 0.172 times |
| 30 Wed Aug 2023 | 50.00 | 47.00 | 50.20 | 47.00 | 1.141 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48.9 as stoploss in an intra day buy trade for a target of 49.68. However, stock will show a bearish move below 48.9.
Share price targets for Cont Petro (ContPetro)
| Target Type | Value |
| Downside Target | 43.55 |
| Downside Target | 46.55 |
| Downside Target | 48.20 |
| Upside Target | 51.00 |
| Upside Target | 51.49 |
| Upside Target | 51.95 |
| Upside Target | 54.00 |
| Upside Target | 56.50 |
| Upside Target | 56.89 |
| Upside Target | 56.95 |
| Upside Target | 65.54 |
Intraday share price targets for Cont Petro (ContPetro)
| Target Type | Value |
| Downside Intraday Target | 47.61 |
| Downside Intraday Target | 46.03 |
| Upside Intraday Target | 51.36 |
| Upside Intraday Target | 53.53 |
| Upside Intraday Target | 49.78 |
Weekly technical analysis of Cont Petro (ContPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Sep 2023 | 49.19 | 50.40 | 51.95 | 48.20 | 0.153 times |
| 08 Fri Sep 2023 | 49.50 | 50.00 | 51.00 | 47.20 | 1.44 times |
| 01 Fri Sep 2023 | 50.28 | 47.01 | 51.00 | 46.55 | 1.464 times |
| 25 Fri Aug 2023 | 48.76 | 51.49 | 51.49 | 47.20 | 0.291 times |
| 18 Fri Aug 2023 | 50.79 | 53.70 | 56.50 | 47.01 | 2.263 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 |
| 12 Tue Sep 2023 | 49.19 | 50.00 | 51.95 | 47.20 | 0.327 times |
| 31 Thu Aug 2023 | 50.00 | 55.85 | 56.89 | 46.55 | 0.514 times |
| 31 Mon Jul 2023 | 54.72 | 53.95 | 65.54 | 50.00 | 1.059 times |
| 30 Fri Jun 2023 | 51.50 | 49.20 | 56.95 | 49.04 | 2.694 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Strong 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. Bulls are getting tired and bears 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 buy signal for Cont Petro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cont Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.94 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.
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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Strong 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. Bulls are getting tired and bears 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 buy signal for Cont Petro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cont Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.94 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.
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