(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 2024-05-16 View latest technical analysis
10 day averaged volume of Cont Petro is 3253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 88.99 | 86.10 | 89.50 | 85.25 | 1.39 times |
| 15 Wed May 2024 | 87.80 | 88.34 | 88.34 | 84.78 | 0.191 times |
| 14 Tue May 2024 | 86.61 | 88.97 | 88.97 | 83.00 | 0.604 times |
| 13 Mon May 2024 | 85.50 | 84.83 | 90.15 | 84.02 | 0.163 times |
| 10 Fri May 2024 | 87.00 | 88.66 | 88.66 | 85.50 | 0.966 times |
| 09 Thu May 2024 | 87.24 | 86.24 | 88.77 | 84.99 | 2.044 times |
| 08 Wed May 2024 | 84.55 | 88.65 | 88.65 | 84.22 | 1.499 times |
| 07 Tue May 2024 | 88.65 | 88.80 | 88.80 | 85.06 | 0.601 times |
| 06 Mon May 2024 | 88.87 | 87.73 | 89.94 | 84.30 | 0.841 times |
| 03 Fri May 2024 | 87.73 | 92.69 | 92.69 | 87.73 | 1.801 times |
My analysis of stock is bearish for shortterm, and stock might move down till 86.7 or till 81.9. Use a stoploss of 90.74 and if the stock hits stoploss, then it can shoot up till 94.74
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 | 83.00 |
| Downside Target | 87.73 |
| Upside Target | 93.00 |
| Upside Target | 96.55 |
| Upside Target | 98.90 |
| Upside Target | 101.00 |
| Upside Target | 107.75 |
| Upside Target | 114.00 |
Intraday share price targets for Cont Petro (ContPetro)
| Target Type | Value |
| Downside Intraday Target | 84.61 |
| Downside Intraday Target | 80.23 |
| Upside Intraday Target | 91.76 |
| Upside Intraday Target | 94.53 |
| Downside Intraday Target | 87.38 |
Weekly technical analysis of Cont Petro (ContPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 88.99 | 84.83 | 90.15 | 83.00 | 0.394 times |
| 10 Fri May 2024 | 87.00 | 87.73 | 89.94 | 84.22 | 1.16 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 |
Price has moved up 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 |
| 16 Thu May 2024 | 88.99 | 88.70 | 93.00 | 83.00 | 0.328 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Cont Petro in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 87.31 and Cont Petro (ContPetro) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Cont Petro in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 87.31 and Cont Petro (ContPetro) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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