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

(CONFIPET) Confidence Petro complete technical analysis [charts+indicators] | Buy/Sell Confidence Petro | (CONFIPET) share price targets

Complete technical analysis of Confidence Petro (CONFIPET) by charts plus indicators, forecast predictions and share price targets for Confidence Petro (CONFIPET)

Showing technical analysis as on 2025-04-25 View latest technical analysis

10 day averaged volume of Confidence Petro is 733961

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	54.02	56.00	56.53	53.10	0.641 times
24 Thu Apr 2025	55.97	56.32	57.08	55.70	0.541 times
23 Wed Apr 2025	55.94	58.00	58.20	55.10	0.979 times
22 Tue Apr 2025	57.85	56.55	59.20	55.76	1.31 times
21 Mon Apr 2025	56.55	55.55	56.90	55.51	0.959 times
17 Thu Apr 2025	55.22	55.80	56.99	54.25	0.905 times
16 Wed Apr 2025	55.71	54.20	57.40	54.06	2.546 times
15 Tue Apr 2025	53.40	52.40	53.86	52.01	0.706 times
11 Fri Apr 2025	51.78	51.64	52.14	50.22	0.829 times
09 Wed Apr 2025	49.48	50.34	50.69	48.60	0.505 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 55.4 as stoploss in an intra day sell trade for a target of 52.14. However, stock will show a bullish move above 55.4.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	52.01
Upside Target	55.05
Upside Target	57.40
Upside Target	59.20
Upside Target	65.35
Upside Target	68.89
Upside Target	68.99
Upside Target	77.49
Upside Target	84.04

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	51.68
Downside Intraday Target	49.34
Upside Intraday Target	57.78
Upside Intraday Target	61.54
Upside Intraday Target	55.44

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	54.02	55.55	59.20	53.10	1.066 times
17 Thu Apr 2025	55.22	52.40	57.40	52.01	1.201 times
11 Fri Apr 2025	51.78	48.39	52.14	46.75	0.661 times
04 Fri Apr 2025	50.29	46.95	54.49	46.90	0.529 times
28 Fri Mar 2025	46.92	52.38	53.50	46.37	1.622 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 Confidence Petro (CONFIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	54.02	46.95	59.20	46.75	0.719 times
28 Fri Mar 2025	46.92	52.89	55.05	46.05	2.27 times
28 Fri Feb 2025	52.72	66.98	68.99	52.20	0.738 times
31 Fri Jan 2025	68.48	70.10	77.49	65.35	0.8 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 Confidence Petro (CONFIPET)

Price action analysis of Confidence Petro ( (CONFIPET) ) 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 Confidence Petro ( (CONFIPET) ) 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 Confidence Petro ( (CONFIPET) ) based on a mid to longer 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.

ADX buy sell signal for Confidence Petro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Confidence Petro in short term and the buy signal is strong.

Confidence Petro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Confidence Petro in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Confidence 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 55.15 and Confidence Petro (CONFIPET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Confidence Petro (CONFIPET) stock. Volume based technical analysis of Confidence Petro (CONFIPET) stock is negative.

Confidence Petro Stock is giving positive 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.