(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 2024-05-28 View latest technical analysis
10 day averaged volume of Cont Petro is 4199
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 84.29 | 89.49 | 89.49 | 84.02 | 0.226 times |
| 27 Mon May 2024 | 87.06 | 90.00 | 91.40 | 85.01 | 0.201 times |
| 24 Fri May 2024 | 87.32 | 90.53 | 92.00 | 87.30 | 0.405 times |
| 23 Thu May 2024 | 88.33 | 92.79 | 92.79 | 87.21 | 0.239 times |
| 22 Wed May 2024 | 89.53 | 88.10 | 92.80 | 87.00 | 1.756 times |
| 21 Tue May 2024 | 90.03 | 89.70 | 95.60 | 89.70 | 2.412 times |
| 18 Sat May 2024 | 91.13 | 97.90 | 97.90 | 90.12 | 0.572 times |
| 17 Fri May 2024 | 93.32 | 89.99 | 93.43 | 87.87 | 2.724 times |
| 16 Thu May 2024 | 88.99 | 86.10 | 89.50 | 85.25 | 1.077 times |
| 15 Wed May 2024 | 87.80 | 88.34 | 88.34 | 84.78 | 0.148 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 86, but if it comes above 86, then a intra day buy could be more profitable.
If you take a sell trade below 86, then use 86 as stoploss and 83 as target. However if you take a buy trade in stock , then use 86 as stoploss and 88.47 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 | 83.00 |
| Upside Target | 87.00 |
| Upside Target | 89.88 |
| Upside Target | 95.60 |
| Upside Target | 96.55 |
| Upside Target | 97.90 |
| Upside Target | 98.90 |
| Upside Target | 107.75 |
| Upside Target | 114.00 |
Intraday share price targets for Cont Petro (ContPetro)
| Target Type | Value |
| Downside Intraday Target | 81.74 |
| Downside Intraday Target | 79.19 |
| Upside Intraday Target | 89.12 |
| Upside Intraday Target | 93.95 |
| Upside Intraday Target | 86.57 |
Weekly technical analysis of Cont Petro (ContPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 84.29 | 90.00 | 91.40 | 84.02 | 0.089 times |
| 24 Fri May 2024 | 87.32 | 89.70 | 95.60 | 87.00 | 0.941 times |
| 18 Sat May 2024 | 91.13 | 84.83 | 97.90 | 83.00 | 1.109 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 |
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 |
| 28 Tue May 2024 | 84.29 | 88.70 | 97.90 | 83.00 | 0.645 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 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 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 Weak and stock is gaining 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 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 but buying 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 90.43 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 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 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 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 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 Weak and stock is gaining 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 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 but buying 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 90.43 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 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.
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