(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)
10 day averaged volume of Confidence Petro is 614114
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 69.02 | 67.59 | 70.98 | 67.59 | 0.971 times |
| 18 Mon Nov 2024 | 67.31 | 69.60 | 70.28 | 66.55 | 1.814 times |
| 14 Thu Nov 2024 | 69.35 | 70.97 | 71.51 | 69.02 | 0.879 times |
| 13 Wed Nov 2024 | 70.99 | 75.00 | 75.00 | 70.70 | 1.513 times |
| 12 Tue Nov 2024 | 75.23 | 75.40 | 77.33 | 74.55 | 1.2 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 67.7, for a target of 72.3 or 76.2
Share price targets for Confidence Petro (CONFIPET)
| Target Type | Value |
| Downside Target | 66.55 |
| Downside Target | 69.02 |
| Upside Target | 70.98 |
| Upside Target | 75.52 |
| Upside Target | 80.49 |
| Upside Target | 80.95 |
| Upside Target | 84.81 |
| Upside Target | 90.00 |
| Upside Target | 93.00 |
| Upside Target | 94.78 |
| Upside Target | 98.54 |
Intraday share price targets for Confidence Petro (CONFIPET)
| Target Type | Value |
| Downside Intraday Target | 66.72 |
| Downside Intraday Target | 64.42 |
| Upside Intraday Target | 71.15 |
| Upside Intraday Target | 73.28 |
| Downside Intraday Target | 68.85 |
Weekly technical analysis of Confidence Petro (CONFIPET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 69.02 | 69.60 | 70.98 | 66.55 | 0.658 times |
| 14 Thu Nov 2024 | 69.35 | 76.08 | 77.33 | 69.02 | 1.212 times |
| 08 Fri Nov 2024 | 76.08 | 79.05 | 79.05 | 75.52 | 1.244 times |
| 01 Fri Nov 2024 | 78.77 | 78.50 | 80.95 | 77.60 | 0.869 times |
| 30 Wed Oct 2024 | 79.34 | 78.20 | 80.95 | 76.12 | 0.356 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 |
| 19 Tue Nov 2024 | 69.02 | 78.29 | 79.80 | 66.55 | 0.342 times |
| 31 Thu Oct 2024 | 77.85 | 86.95 | 90.00 | 75.64 | 0.375 times |
| 30 Mon Sep 2024 | 86.28 | 89.86 | 98.54 | 84.81 | 1.25 times |
| 30 Fri Aug 2024 | 90.31 | 88.79 | 93.00 | 80.49 | 0.799 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 36, 51 | Sell |
| MACD | -6, -5 | Sell |
| Stochastics | 10 | Sell |
| CCI | -97 | Buy |
| RSI | 45 | Sell |
| OBV | -3881412 | Sell |
| VWAP | 73 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Confidence Petro in short term and the sell signal is strong.
Confidence Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Confidence Petro in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 72.62 and Confidence Petro (CONFIPET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
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