(CHENNPETRO) Chennai Petroleum complete technical analysis [charts+indicators] | Buy/Sell Chennai Petroleum | (CHENNPETRO) share price targets
Complete technical analysis of Chennai Petroleum (CHENNPETRO) by charts plus indicators, forecast predictions and share price targets for Chennai Petroleum (CHENNPETRO)
Chennai Petroleum trades in NSE in Refineries sector.
Showing technical analysis as on 2024-04-23 View latest technical analysis
10 day averaged volume of Chennai Petroleum is 967970
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 928.20 | 946.80 | 950.70 | 925.00 | 0.542 times |
22 Mon Apr 2024 | 941.25 | 950.85 | 964.85 | 936.10 | 0.671 times |
19 Fri Apr 2024 | 942.35 | 920.00 | 961.95 | 900.20 | 1.392 times |
18 Thu Apr 2024 | 930.55 | 922.00 | 965.00 | 920.00 | 1.751 times |
16 Tue Apr 2024 | 911.55 | 917.00 | 937.10 | 906.00 | 1.146 times |
15 Mon Apr 2024 | 926.35 | 899.00 | 941.00 | 862.20 | 1.813 times |
12 Fri Apr 2024 | 895.80 | 905.10 | 929.30 | 885.30 | 1.03 times |
10 Wed Apr 2024 | 905.05 | 903.20 | 920.80 | 900.55 | 0.396 times |
09 Tue Apr 2024 | 903.15 | 929.80 | 933.85 | 900.00 | 0.55 times |
08 Mon Apr 2024 | 925.85 | 942.10 | 953.60 | 923.00 | 0.504 times |
My analysis of stock is bullish for shortterm, and stock might move up till 942.4 or till 971.4. Use a stoploss of 918.18 and if this stock hits its stoploss, then it can fall down till 893.99
Share price targets for Chennai Petroleum (CHENNPETRO)
Target Type | Value |
Downside Target | 653.45 |
Downside Target | 693.05 |
Downside Target | 741.10 |
Downside Target | 810.00 |
Downside Target | 860.00 |
Downside Target | 885.30 |
Downside Target | 908.00 |
Upside Target | 953.60 |
Upside Target | 964.85 |
Upside Target | 965.00 |
Upside Target | 967.65 |
Upside Target | 1036.30 |
Intraday share price targets for Chennai Petroleum (CHENNPETRO)
Target Type | Value |
Downside Intraday Target | 913.85 |
Downside Intraday Target | 899.5 |
Upside Intraday Target | 953.7 |
Upside Intraday Target | 979.2 |
Upside Intraday Target | 939.35 |
Weekly technical analysis of Chennai Petroleum (CHENNPETRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 928.20 | 950.85 | 964.85 | 925.00 | 0.199 times |
19 Fri Apr 2024 | 942.35 | 899.00 | 965.00 | 862.20 | 2.461 times |
12 Fri Apr 2024 | 895.80 | 942.10 | 953.60 | 885.30 | 0.544 times |
05 Fri Apr 2024 | 941.40 | 910.00 | 967.65 | 908.25 | 1.308 times |
28 Thu Mar 2024 | 906.80 | 877.70 | 929.70 | 860.00 | 0.754 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 Chennai Petroleum (CHENNPETRO)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 928.20 | 910.00 | 967.65 | 862.20 | 0.785 times |
28 Thu Mar 2024 | 906.80 | 895.00 | 944.00 | 743.05 | 0.556 times |
29 Thu Feb 2024 | 884.05 | 856.00 | 1036.30 | 810.00 | 0.868 times |
31 Wed Jan 2024 | 854.00 | 705.00 | 908.00 | 693.05 | 1.413 times |
Scroll below to view daily charts
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 Chennai Petroleum (CHENNPETRO)
Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Chennai Petroleum in short term and the buy signal is strong.
Chennai Petroleum 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 SELL signal for Chennai Petroleum in short term but SELL signal is weak.
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
Stock of Chennai Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 923.36 and Chennai Petroleum (CHENNPETRO) 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 Chennai Petroleum (CHENNPETRO) stock. Volume based technical analysis of Chennai Petroleum (CHENNPETRO) stock is negative.
Chennai Petroleum 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.
Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Chennai Petroleum in short term and the buy signal is strong.
Chennai Petroleum 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 SELL signal for Chennai Petroleum in short term but SELL signal is weak.
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
Stock of Chennai Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 923.36 and Chennai Petroleum (CHENNPETRO) 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 Chennai Petroleum (CHENNPETRO) stock. Volume based technical analysis of Chennai Petroleum (CHENNPETRO) stock is negative.
Chennai Petroleum 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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Daily charts
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