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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 2024-08-08 View latest technical analysis

10 day averaged volume of Cont Petro is 41390

Date Daily Closing Price Open High Low Volume
08 Thu Aug 2024 87.73 93.90 93.90 87.50 0.532 times
07 Wed Aug 2024 89.91 87.00 90.45 87.00 0.722 times
06 Tue Aug 2024 86.18 94.76 94.76 85.74 1.202 times
05 Mon Aug 2024 90.25 90.97 95.19 87.00 1.991 times
02 Fri Aug 2024 90.67 91.85 91.85 88.00 4.541 times
01 Thu Aug 2024 83.50 83.50 83.50 83.50 0.245 times
31 Wed Jul 2024 75.91 75.91 75.91 75.91 0.311 times
30 Tue Jul 2024 69.01 70.99 73.00 67.99 0.529 times
29 Mon Jul 2024 68.42 73.43 73.43 67.05 0.22 times
26 Fri Jul 2024 68.82 71.80 73.80 67.03 0.143 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 84.2, but if it comes below 84.2, then a intra day sell could be more profitable.
If you take a sell trade below 84.2, then use 84.2 as stoploss and 75.97 as target. However if you take a buy trade in stock , then use 84.2 as stoploss and 94.1 as target.

Share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Target 66.00
Downside Target 71.00
Downside Target 73.95
Downside Target 78.00
Downside Target 81.65
Downside Target 83.50
Downside Target 85.74
Upside Target 91.85
Upside Target 95.19
Upside Target 97.90
Upside Target 107.75

Intraday share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Intraday Target 83.92
Downside Intraday Target 80.1
Upside Intraday Target 93.37
Upside Intraday Target 99
Upside Intraday Target 89.55

Weekly technical analysis of Cont Petro (ContPetro)

Date Weekly Closing Price Open High Low Volume
08 Thu Aug 2024 87.73 90.97 95.19 85.74 0.76 times
02 Fri Aug 2024 90.67 73.43 91.85 67.05 11.576 times
26 Fri Jul 2024 68.82 69.18 73.95 67.00 1.003 times
19 Fri Jul 2024 69.18 74.90 74.99 68.04 0.775 times
12 Fri Jul 2024 71.16 76.00 76.29 71.00 0.475 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
08 Thu Aug 2024 87.73 83.50 95.19 83.50 2.259 times
31 Wed Jul 2024 75.91 79.46 79.46 67.00 1.125 times
28 Fri Jun 2024 76.65 78.33 81.65 66.00 1.873 times
31 Fri May 2024 81.69 88.70 97.90 78.00 0.71 times

Scroll below to view daily charts

Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Cont Petro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cont Petro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 87.39 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 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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Cont Petro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cont Petro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 87.39 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 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 is giving positive 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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