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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 2024-05-09 View latest technical analysis

10 day averaged volume of Cont Petro is 4979

Date Daily Closing Price Open High Low Volume
09 Thu May 2024 87.24 86.24 88.77 84.99 1.335 times
08 Wed May 2024 84.55 88.65 88.65 84.22 0.98 times
07 Tue May 2024 88.65 88.80 88.80 85.06 0.393 times
06 Mon May 2024 88.87 87.73 89.94 84.30 0.549 times
03 Fri May 2024 87.73 92.69 92.69 87.73 1.177 times
02 Thu May 2024 92.34 88.70 93.00 88.50 0.842 times
30 Tue Apr 2024 93.14 91.10 94.40 90.00 0.909 times
29 Mon Apr 2024 92.96 96.55 96.55 90.51 0.422 times
26 Fri Apr 2024 92.81 92.00 93.40 91.00 1.045 times
25 Thu Apr 2024 89.80 94.40 94.40 88.35 2.173 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89, but if it comes above 89, then a intra day buy could be more profitable.
If you take a sell trade below 89, then use 89 as stoploss and 83.2 as target. However if you take a buy trade in stock , then use 89 as stoploss and 93.78 as target.

Share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Target 51.71
Downside Target 75.28
Downside Target 78.00
Downside Target 80.95
Downside Target 84.22
Upside Target 87.73
Upside Target 93.00
Upside Target 96.55
Upside Target 98.90
Upside Target 101.00
Upside Target 104.00
Upside Target 107.75
Upside Target 114.00

Intraday share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Intraday Target 84.33
Downside Intraday Target 81.41
Upside Intraday Target 90.05
Upside Intraday Target 92.85
Downside Intraday Target 87.13

Weekly technical analysis of Cont Petro (ContPetro)

Date Weekly Closing Price Open High Low Volume
09 Thu May 2024 87.24 87.73 89.94 84.22 0.972 times
03 Fri May 2024 87.73 96.55 96.55 87.73 0.471 times
26 Fri Apr 2024 92.81 101.00 101.00 88.35 2.369 times
19 Fri Apr 2024 98.12 98.00 107.75 90.90 0.444 times
12 Fri Apr 2024 102.65 91.48 104.00 88.04 1.509 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
09 Thu May 2024 87.24 88.70 93.00 84.22 0.233 times
30 Tue Apr 2024 93.14 82.00 107.75 78.00 1.424 times
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

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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 89.57 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 positive

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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 89.57 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 positive

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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