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(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 2025-08-19 View latest technical analysis

10 day averaged volume of Confidence Petro is 593198

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	50.33	48.40	50.68	48.40	0.809 times
18 Mon Aug 2025	48.71	48.97	49.30	48.41	0.512 times
14 Thu Aug 2025	47.88	48.87	49.72	47.68	2.018 times
13 Wed Aug 2025	51.29	49.02	51.79	49.00	2.063 times
12 Tue Aug 2025	48.95	49.60	49.79	48.70	0.396 times
11 Mon Aug 2025	49.04	48.71	49.48	48.32	0.419 times
08 Fri Aug 2025	48.80	50.20	50.21	47.82	1.613 times
07 Thu Aug 2025	49.81	49.81	50.39	48.86	0.653 times
06 Wed Aug 2025	49.81	50.89	50.89	49.50	0.84 times
05 Tue Aug 2025	50.32	50.10	50.93	50.05	0.737 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.1 or till 47. Use a stoploss of 50.85 and if the stock hits stoploss, then it can shoot up till 52.6

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.75
Downside Target	49.95
Upside Target	51.79
Upside Target	52.00
Upside Target	52.64
Upside Target	52.70
Upside Target	55.33
Upside Target	58.43
Upside Target	59.20
Upside Target	63.39
Upside Target	63.69

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	48.93
Downside Intraday Target	47.52
Upside Intraday Target	51.21
Upside Intraday Target	52.08
Downside Intraday Target	49.8

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	50.33	48.97	50.68	48.40	0.27 times
14 Thu Aug 2025	47.88	48.71	51.79	47.68	1.066 times
08 Fri Aug 2025	48.80	51.50	51.50	47.82	1.441 times
01 Fri Aug 2025	50.80	52.04	52.70	50.46	1.072 times
25 Fri Jul 2025	52.20	55.12	55.33	52.00	0.62 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 Confidence Petro (CONFIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	50.33	51.82	52.64	47.68	0.326 times
31 Thu Jul 2025	52.02	52.45	58.43	50.84	0.782 times
30 Mon Jun 2025	52.21	59.00	63.39	49.95	1.822 times
30 Fri May 2025	58.97	52.00	63.69	48.25	1.085 times

Scroll below to view daily charts

Price has moved down 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 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 Confidence Petro ( (CONFIPET) ) 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 Confidence Petro ( (CONFIPET) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Confidence Petro in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Confidence Petro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.52 and Confidence Petro (CONFIPET) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.