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 2025-04-23 View latest technical analysis

10 day averaged volume of Confidence Petro is 823665

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	55.94	58.00	58.20	55.10	0.872 times
22 Tue Apr 2025	57.85	56.55	59.20	55.76	1.168 times
21 Mon Apr 2025	56.55	55.55	56.90	55.51	0.854 times
17 Thu Apr 2025	55.22	55.80	56.99	54.25	0.806 times
16 Wed Apr 2025	55.71	54.20	57.40	54.06	2.269 times
15 Tue Apr 2025	53.40	52.40	53.86	52.01	0.629 times
11 Fri Apr 2025	51.78	51.64	52.14	50.22	0.739 times
09 Wed Apr 2025	49.48	50.34	50.69	48.60	0.45 times
08 Tue Apr 2025	50.34	49.90	51.28	49.19	0.642 times
07 Mon Apr 2025	48.64	48.39	49.00	46.75	1.252 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.9, but if it comes below 54.9, then a intra day sell could be more profitable.
If you take a sell trade below 54.9, then use 54.9 as stoploss and 51.8 as target. However if you take a buy trade in stock , then use 54.9 as stoploss and 58.6 as target.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	52.01
Downside Target	53.50
Upside Target	57.40
Upside Target	59.20
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	54.29
Downside Intraday Target	52.65
Upside Intraday Target	58.39
Upside Intraday Target	60.85
Upside Intraday Target	56.75

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	55.94	55.55	59.20	55.10	0.781 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
23 Wed Apr 2025	55.94	46.95	59.20	46.75	0.669 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Confidence Petro in short term but SELL signal is weak.

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 54.01 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.