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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 2025-03-27 View latest technical analysis

10 day averaged volume of Confidence Petro is 885372

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Mar 2025	47.80	47.70	49.70	46.85	2.711 times
26 Wed Mar 2025	47.76	50.15	50.69	47.10	1.565 times
25 Tue Mar 2025	49.98	52.25	52.70	49.79	1.112 times
24 Mon Mar 2025	51.75	52.38	53.50	51.50	0.941 times
21 Fri Mar 2025	51.55	50.21	52.20	50.21	1.06 times
20 Thu Mar 2025	50.08	50.75	51.97	49.91	0.971 times
19 Wed Mar 2025	50.68	48.50	50.89	48.50	0.73 times
18 Tue Mar 2025	48.29	46.50	49.19	46.50	1.05 times
17 Mon Mar 2025	46.50	49.99	49.99	46.05	1.242 times
13 Thu Mar 2025	48.84	49.95	50.46	48.56	0.59 times

Stock of Confidence Petro (CONFIPET) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.4, but if it comes above 48.4, then a intra day buy could be more profitable.
If you take a sell trade below 48.4, then use 48.4 as stoploss and 45.8 as target. However if you take a buy trade in stock , then use 48.4 as stoploss and 50.53 as target.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Upside Target	48.56
Upside Target	52.20
Upside Target	53.45
Upside Target	55.05
Upside Target	59.89
Upside Target	65.35
Upside Target	65.51
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	45.27
Downside Intraday Target	42.73
Upside Intraday Target	51.92
Upside Intraday Target	56.03
Upside Intraday Target	49.38

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Mar 2025	47.80	52.38	53.50	46.85	1.252 times
21 Fri Mar 2025	51.55	49.99	52.20	46.05	2.025 times
13 Thu Mar 2025	48.84	53.32	53.45	48.56	0.595 times
07 Fri Mar 2025	53.68	52.89	55.05	48.92	2.31 times
28 Fri Feb 2025	52.72	59.50	59.89	52.20	0.778 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
27 Thu Mar 2025	47.80	52.89	55.05	46.05	2.057 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, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 48.96 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.