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 2025-06-03 View latest technical analysis

10 day averaged volume of Confidence Petro is 1153930

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	60.17	61.31	61.67	60.00	0.378 times
02 Mon Jun 2025	60.99	59.00	61.74	58.40	0.911 times
30 Fri May 2025	58.97	61.20	61.30	58.28	0.882 times
29 Thu May 2025	60.94	61.00	61.92	60.25	0.468 times
28 Wed May 2025	60.72	61.93	62.31	60.39	0.479 times
27 Tue May 2025	61.60	61.55	61.92	60.30	0.808 times
26 Mon May 2025	61.31	60.51	63.69	59.81	1.69 times
23 Fri May 2025	60.55	60.23	61.69	59.30	1.188 times
22 Thu May 2025	60.04	58.00	61.90	57.50	2.489 times
21 Wed May 2025	57.57	56.50	57.75	55.80	0.597 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60.9 as stoploss in an intra day sell trade for a target of 57.14. However, stock will show a bullish move above 60.9.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	48.25
Downside Target	51.51
Downside Target	55.05
Downside Target	56.94
Downside Target	58.28
Downside Target	59.20
Upside Target	61.74
Upside Target	61.90
Upside Target	63.69
Upside Target	68.99

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	58.47
Downside Intraday Target	56.76
Upside Intraday Target	61.81
Upside Intraday Target	63.44
Downside Intraday Target	60.1

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	60.17	59.00	61.74	58.40	0.298 times
30 Fri May 2025	58.97	60.51	63.69	58.28	0.82 times
23 Fri May 2025	60.55	57.00	61.90	55.35	3.173 times
16 Fri May 2025	56.61	52.00	56.94	51.51	1.112 times
09 Fri May 2025	50.45	52.00	52.86	48.25	1.313 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
03 Tue Jun 2025	60.17	59.00	61.74	58.40	0.1 times
30 Fri May 2025	58.97	52.00	63.69	48.25	1.085 times
30 Wed Apr 2025	51.68	46.95	59.20	46.75	0.781 times
28 Fri Mar 2025	46.92	52.89	55.05	46.05	2.27 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Confidence Petro stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Confidence Petro in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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

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 positive zone. This is a BUY zone

Stock of Confidence Petro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.37 and Confidence Petro (CONFIPET) stock is trading below this level. This means that stock is falling with high volumes. 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.