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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)

10 day averaged volume of Cont Petro is 5151

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 93.14 91.10 94.40 90.00 0.879 times
29 Mon Apr 2024 92.96 96.55 96.55 90.51 0.408 times
26 Fri Apr 2024 92.81 92.00 93.40 91.00 1.01 times
25 Thu Apr 2024 89.80 94.40 94.40 88.35 2.1 times
24 Wed Apr 2024 93.00 96.93 97.48 91.71 1.46 times

My analysis of stock is bearish for shortterm, and stock might move down till 90.2 or till 85.1. Use a stoploss of 94.43 and if the stock hits stoploss, then it can shoot up till 98.68

Share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Target 43.75
Downside Target 51.71
Downside Target 58.50
Downside Target 75.28
Downside Target 78.00
Downside Target 80.95
Downside Target 88.04
Upside Target 93.80
Upside Target 96.55
Upside Target 98.90
Upside Target 101.00
Upside Target 104.00
Upside Target 107.75
Upside Target 114.00

Intraday share price targets for Cont Petro (ContPetro)

Target Type Value
Downside Intraday Target 89.91
Downside Intraday Target 86.68
Upside Intraday Target 96.46
Upside Intraday Target 99.78
Upside Intraday Target 93.23

Weekly technical analysis of Cont Petro (ContPetro)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 93.14 96.55 96.55 90.00 0.187 times
26 Fri Apr 2024 92.81 101.00 101.00 88.35 2.369 times
19 Fri Apr 2024 98.12 98.00 107.75 90.90 0.444 times
12 Fri Apr 2024 102.65 91.48 104.00 88.04 1.509 times
05 Fri Apr 2024 91.39 82.00 93.80 78.00 1.635 times

Price has moved up 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
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
31 Wed Jan 2024 79.24 53.23 89.88 51.71 3.139 times

Price has moved up 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 17, 15, 9 Buy
MACD 2, 3Sell
Stochastics 25Sell
CCI -70Sell
RSI 52Buy
OBV 21378Sell
VWAP 94Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Cont Petro ( (ContPetro) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY. 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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

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 93.94 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.

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