logo munafa.co.com

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Cont Petro is 10199

Date Daily Closing Price Open High Low Volume
07 Fri May 2021 44.80 45.10 47.90 44.05 0.61 times
06 Thu May 2021 46.00 46.30 46.95 43.40 0.929 times
05 Wed May 2021 45.15 46.20 47.45 44.70 0.922 times
04 Tue May 2021 47.05 48.65 48.65 45.90 0.702 times
03 Mon May 2021 48.30 45.50 48.50 44.55 0.587 times
30 Fri Apr 2021 46.40 43.85 48.40 43.80 1.743 times
29 Thu Apr 2021 46.10 48.50 49.95 46.10 1.207 times
28 Wed Apr 2021 48.50 47.90 52.85 47.85 0.743 times
27 Tue Apr 2021 50.35 48.85 51.25 46.45 2.033 times
26 Mon Apr 2021 48.85 48.85 48.85 47.00 0.589 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 44.2 as stoploss in an intra day buy trade for a target of 47.48. However, stock will show a bearish move below 44.2.

Share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Target 17.70
Downside Target 23.35
Downside Target 34.15
Downside Target 35.55
Downside Target 40.65
Downside Target 43.40
Upside Target 45.00
Upside Target 46.50
Upside Target 48.65
Upside Target 52.85
Upside Target 55.15
Upside Target 57.90

Intraday share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Intraday Target 42.58
Downside Intraday Target 40.37
Upside Intraday Target 47.83
Upside Intraday Target 50.87
Upside Intraday Target 45.62

Weekly technical analysis of Cont Petro (ContPetro)

Date Weekly Closing Price Open High Low Volume
07 Fri May 2021 44.80 45.50 48.65 43.40 0.594 times
30 Fri Apr 2021 46.40 48.85 52.85 43.80 2.538 times
23 Fri Apr 2021 46.55 42.75 46.55 40.65 0.714 times
16 Fri Apr 2021 45.00 57.85 57.90 45.00 2.314 times
09 Fri Apr 2021 55.15 46.50 55.15 46.50 1.571 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
07 Fri May 2021 44.80 45.50 48.65 43.40 0.266 times
30 Fri Apr 2021 46.40 47.00 57.90 40.65 1.062 times
31 Wed Mar 2021 46.35 35.85 46.75 35.55 0.783 times
26 Fri Feb 2021 34.15 19.40 34.15 18.05 1.228 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 21, 3 Sell
MACD 3, 4Sell
Stochastics 29Sell
CCI -92Buy
RSI 48Sell
OBV -18582Sell
VWAP 47Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Cont Petro ( (ContPetro) ) based on a short term time period is

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 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 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 losing momentum.

MACD generated a SELL signal for Cont Petro in short term but the sell signal is initial and weak.

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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Cont Petro in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 47.37 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 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme