523232 NEWS why is Cont.petro price falling or rising

523232 NEWS reasons for why stock price of Cont.petro is falling or rising

523232 Cont Petro is falling or rising technical reasons

Technical analysis forecast for Cont Petro Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cont Petro 523232 at this time. Stock is falling and might fall more.

It appears as if Cont Petro 523232 gave a large move recently.

Stock of Cont Petro (523232) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Cont Petro is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cont Petro stays below 105.7, but if it comes above 105.7, then a intra day buy could be more profitable.
If you take a sell trade below 105.7, then use 105.7 as stoploss and 101.3 as target. However if you take a buy trade in Cont Petro, then use 105.7 as stoploss and 109.45 as target.

523232 Cont Petro is falling or rising NEWS fundamental reasons

More announcements and NEWS

523232 Cont.petro current price & indicator signals

Moving Averages for Cont.petro

  • 5Day Average: 110.7
  • 12Day Average: 109.95
  • 20Day Average: 111.08
  • 50Day Average: 103.13
  • 100Day Average: 99.58
  • 150Day Average: 91.73
  • 200Day Average: 91.09

523232 Indicators & signals

Indicator MACD (12,26,9)

109.88, 108.67, 2.24
Indicator MACD is in positive zone

Indicator ADX (14)

1.12, 20.96, 20.49
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 523232 Cont.petro are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Mon Jan 2025 103.55 103.55 to 106.85 -5% 1.03 times
10 Fri Jan 2025 109.00 109.00 to 112.25 -4.97% 0.87 times
09 Thu Jan 2025 114.70 111.05 to 118.00 -0.74% 0.83 times
08 Wed Jan 2025 115.55 112.95 to 115.75 4.38% 1.2 times
07 Tue Jan 2025 110.70 108.00 to 110.70 4.98% 1.08 times
06 Mon Jan 2025 105.45 104.25 to 109.70 -3.87% 1.51 times
03 Fri Jan 2025 109.70 107.00 to 112.50 -1.17% 0.61 times
02 Thu Jan 2025 111.00 108.40 to 113.00 1.32% 0.9 times
01 Wed Jan 2025 109.55 107.05 to 112.60 -1.55% 0.8 times
31 Tue Dec 2024 111.28 108.55 to 114.90 0.45% 0.76 times
30 Mon Dec 2024 110.78 105.10 to 111.20 2.43% 1.44 times
27 Fri Dec 2024 108.15 106.30 to 110.95 -1.99% 0.59 times

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523232 NEWS why is Cont.petro price falling or rising

 

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