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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 2025-04-21 View latest technical analysis

10 day averaged volume of Confidence Petro is 806002

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	56.55	55.55	56.90	55.51	0.873 times
17 Thu Apr 2025	55.22	55.80	56.99	54.25	0.824 times
16 Wed Apr 2025	55.71	54.20	57.40	54.06	2.319 times
15 Tue Apr 2025	53.40	52.40	53.86	52.01	0.643 times
11 Fri Apr 2025	51.78	51.64	52.14	50.22	0.755 times
09 Wed Apr 2025	49.48	50.34	50.69	48.60	0.46 times
08 Tue Apr 2025	50.34	49.90	51.28	49.19	0.657 times
07 Mon Apr 2025	48.64	48.39	49.00	46.75	1.28 times
04 Fri Apr 2025	50.29	53.40	53.60	49.81	1.217 times
03 Thu Apr 2025	53.63	50.00	54.49	50.00	1.282 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.8, for a target of 53.7 or 51.15

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	52.01
Downside Target	53.50
Upside Target	56.90
Upside Target	57.40
Upside Target	65.35
Upside Target	68.89
Upside Target	68.99
Upside Target	77.49
Upside Target	84.04

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	55.74
Downside Intraday Target	54.93
Upside Intraday Target	57.13
Upside Intraday Target	57.71
Downside Intraday Target	56.32

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	56.55	55.55	56.90	55.51	0.231 times
17 Thu Apr 2025	55.22	52.40	57.40	52.01	1.201 times
11 Fri Apr 2025	51.78	48.39	52.14	46.75	0.661 times
04 Fri Apr 2025	50.29	46.95	54.49	46.90	0.529 times
28 Fri Mar 2025	46.92	52.38	53.50	46.37	1.622 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
21 Mon Apr 2025	56.55	46.95	57.40	46.75	0.574 times
28 Fri Mar 2025	46.92	52.89	55.05	46.05	2.27 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

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 52.91 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 positive

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