(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 2024-06-18 View latest technical analysis
10 day averaged volume of Cont Petro is 12146
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 75.26 | 77.24 | 77.24 | 74.00 | 0.401 times |
| 14 Fri Jun 2024 | 75.28 | 72.00 | 77.50 | 71.00 | 0.632 times |
| 13 Thu Jun 2024 | 75.28 | 72.00 | 77.50 | 71.00 | 0.632 times |
| 12 Wed Jun 2024 | 71.88 | 71.98 | 72.00 | 69.10 | 0.411 times |
| 11 Tue Jun 2024 | 68.95 | 71.05 | 71.05 | 66.11 | 1.569 times |
| 10 Mon Jun 2024 | 70.97 | 72.00 | 72.00 | 70.00 | 0.971 times |
| 07 Fri Jun 2024 | 70.87 | 72.99 | 75.17 | 66.00 | 2.495 times |
| 06 Thu Jun 2024 | 73.11 | 72.70 | 74.11 | 72.68 | 0.575 times |
| 05 Wed Jun 2024 | 76.50 | 78.00 | 78.00 | 75.04 | 0.287 times |
| 04 Tue Jun 2024 | 78.98 | 79.50 | 79.50 | 75.58 | 0.457 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 72.9 as stoploss in an intra day buy trade for a target of 79.52. However, stock will show a bearish move below 72.9.
Share price targets for Cont Petro (ContPetro)
| Target Type | Value |
| Downside Target | 66.00 |
| Downside Target | 74.00 |
| Upside Target | 77.24 |
| Upside Target | 80.95 |
| Upside Target | 81.65 |
| Upside Target | 87.00 |
| 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 | 73.76 |
| Downside Intraday Target | 72.26 |
| Upside Intraday Target | 77 |
| Upside Intraday Target | 78.74 |
| Upside Intraday Target | 75.5 |
Weekly technical analysis of Cont Petro (ContPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 75.26 | 77.24 | 77.24 | 74.00 | 0.095 times |
| 14 Fri Jun 2024 | 75.28 | 72.00 | 77.50 | 66.11 | 0.728 times |
| 07 Fri Jun 2024 | 70.87 | 78.33 | 81.65 | 66.00 | 7.669 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 |
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 |
| 18 Tue Jun 2024 | 75.26 | 78.33 | 81.65 | 66.00 | 1.574 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, and volume has increased substantially. This means that the move can 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 buy signal for Cont Petro in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 72.23 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 buy signal for Cont Petro in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 72.23 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 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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