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 2024-10-14 View latest technical analysis

10 day averaged volume of Confidence Petro is 897386

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	85.26	81.75	90.00	81.40	0.875 times
11 Fri Oct 2024	81.39	81.73	82.02	81.02	0.416 times
10 Thu Oct 2024	81.73	82.30	83.49	81.51	0.595 times
09 Wed Oct 2024	82.10	82.58	82.77	82.00	0.503 times
08 Tue Oct 2024	81.68	80.20	82.00	78.57	0.686 times
07 Mon Oct 2024	79.29	83.60	84.00	78.12	1.332 times
04 Fri Oct 2024	82.80	83.20	85.09	80.84	1.399 times
03 Thu Oct 2024	82.39	82.90	85.20	82.15	1.472 times
01 Tue Oct 2024	84.26	86.95	87.79	83.67	1.581 times
30 Mon Sep 2024	86.28	87.88	88.10	85.32	1.189 times

My analysis of stock is bearish for shortterm, and stock might move down till 82.1 or till 76.6. Use a stoploss of 86.71 and if the stock hits stoploss, then it can shoot up till 91.3

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	62.55
Downside Target	77.53
Downside Target	80.49
Downside Target	84.00
Upside Target	88.10
Upside Target	90.00
Upside Target	93.00
Upside Target	94.70
Upside Target	94.78
Upside Target	98.54

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	81.11
Downside Intraday Target	76.95
Upside Intraday Target	89.71
Upside Intraday Target	94.15
Upside Intraday Target	85.55

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	85.26	81.75	90.00	81.40	0.248 times
11 Fri Oct 2024	81.39	83.60	84.00	78.12	0.626 times
04 Fri Oct 2024	82.80	87.88	88.10	80.84	0.796 times
27 Fri Sep 2024	87.83	92.50	94.70	86.61	0.206 times
20 Fri Sep 2024	91.90	90.53	98.54	87.71	4.177 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
14 Mon Oct 2024	85.26	86.95	90.00	78.12	0.154 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
31 Wed Jul 2024	88.39	81.89	94.78	77.53	1.818 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Confidence Petro in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

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

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 82.9 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 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.