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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 2025-03-03 View latest technical analysis

10 day averaged volume of Confidence Petro is 441922

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Mar 2025	50.12	52.89	53.58	49.00	1.654 times
28 Fri Feb 2025	52.72	55.28	55.28	52.20	1.121 times
27 Thu Feb 2025	55.46	57.75	58.14	55.10	0.823 times
25 Tue Feb 2025	57.46	59.00	59.28	57.10	0.657 times
24 Mon Feb 2025	58.28	59.50	59.89	58.00	1.034 times
21 Fri Feb 2025	60.25	60.89	62.31	59.78	0.721 times
20 Thu Feb 2025	60.37	59.26	61.23	59.26	0.574 times
19 Wed Feb 2025	59.48	57.78	60.59	57.78	0.646 times
18 Tue Feb 2025	58.15	58.57	60.93	57.41	1.312 times
17 Mon Feb 2025	58.46	60.60	61.25	58.10	1.42 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 50.2, for a target of 56.1 or 61.08

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	49.00
Upside Target	52.20
Upside Target	53.58
Upside Target	57.41
Upside Target	59.89
Upside Target	62.31
Upside Target	65.35
Upside Target	68.89
Upside Target	68.99
Upside Target	77.49
Upside Target	79.80
Upside Target	84.04

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	48.22
Downside Intraday Target	46.32
Upside Intraday Target	52.8
Upside Intraday Target	55.48
Upside Intraday Target	50.9

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Mar 2025	50.12	52.89	53.58	49.00	0.455 times
28 Fri Feb 2025	52.72	59.50	59.89	52.20	0.778 times
21 Fri Feb 2025	60.25	60.60	62.31	57.41	0.679 times
14 Fri Feb 2025	61.47	67.00	67.68	57.61	2.858 times
07 Fri Feb 2025	67.42	66.98	68.99	66.36	0.75 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
03 Mon Mar 2025	50.12	52.89	53.58	49.00	0.094 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
31 Tue Dec 2024	69.97	75.40	84.04	68.89	1.184 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 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 gaining 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 below the red 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 56.36 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.