(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 2024-06-03 View latest technical analysis
10 day averaged volume of Cont Petro is 3177
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 79.50 | 78.33 | 81.65 | 78.33 | 7.537 times |
| 31 Fri May 2024 | 81.69 | 78.10 | 84.98 | 78.00 | 1.112 times |
| 30 Thu May 2024 | 82.02 | 83.77 | 86.98 | 81.10 | 0.359 times |
| 29 Wed May 2024 | 83.61 | 87.50 | 87.50 | 80.10 | 0.85 times |
| 28 Tue May 2024 | 84.29 | 89.49 | 89.49 | 84.02 | 0.298 times |
| 27 Mon May 2024 | 87.06 | 90.00 | 91.40 | 85.01 | 0.266 times |
| 24 Fri May 2024 | 87.32 | 90.53 | 92.00 | 87.30 | 0.535 times |
| 23 Thu May 2024 | 88.33 | 92.79 | 92.79 | 87.21 | 0.315 times |
| 22 Wed May 2024 | 89.53 | 88.10 | 92.80 | 87.00 | 2.321 times |
| 21 Tue May 2024 | 90.03 | 89.70 | 95.60 | 89.70 | 3.187 times |
Stock of Cont Petro (ContPetro) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 79.5, for a target of 83.4 or 86.71
Share price targets for Cont Petro (ContPetro)
| Target Type | Value |
| Downside Target | 75.28 |
| Downside Target | 78.00 |
| Upside Target | 80.95 |
| Upside Target | 87.00 |
| Upside Target | 89.94 |
| Upside Target | 91.40 |
| Upside Target | 95.60 |
| 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 | 78 |
| Downside Intraday Target | 76.51 |
| Upside Intraday Target | 81.32 |
| Upside Intraday Target | 83.15 |
| Upside Intraday Target | 79.83 |
Weekly technical analysis of Cont Petro (ContPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 79.50 | 78.33 | 81.65 | 78.33 | 2.613 times |
| 31 Fri May 2024 | 81.69 | 90.00 | 91.40 | 78.00 | 0.454 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cont Petro (ContPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 79.50 | 78.33 | 81.65 | 78.33 | 0.298 times |
| 31 Fri May 2024 | 81.69 | 88.70 | 97.90 | 78.00 | 0.71 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 |
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 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 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 positive zone. This is a BUY 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 83.91 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 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 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 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 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 positive zone. This is a BUY 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 83.91 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 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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