Overall Technical outlook

Price Summary

2025-12-15, saw CHENNPETRO's stock open at 925.0, hit a peak of 938.65, fall to a low of 920.7, and close down -0.1% at 924.1, with 558937 shares changing hands.
For the 52-week period, the stock's highest price is 1096.55, and the lowest price is 451.6.

Technicals


Aroon: The AROON is currently in a neutral position for Chennai Petroleum Corporation Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
CHENNPETRO aroon 41ca22
Aroon chart for Chennai Petroleum Corporation Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
CHENNPETRO bbands 41ca22
Bolinger Bands chart for Chennai Petroleum Corporation Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher.
CHENNPETRO psar 41ca22
Parabolic Stop and Reverse chart for Chennai Petroleum Corporation Limited


Stochastic: The STOCHASTIC is currently in a neutral position for Chennai Petroleum Corporation Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
CHENNPETRO stoch 41ca22
Stochastic chart for Chennai Petroleum Corporation Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
CHENNPETRO trippleSMA 41ca22
Tripple SMA chart for Chennai Petroleum Corporation Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.