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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 2025-06-17 View latest technical analysis

10 day averaged volume of Confidence Petro is 811037

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Jun 2025	57.01	57.90	58.62	56.80	0.678 times
16 Mon Jun 2025	57.58	59.42	59.59	57.30	0.879 times
13 Fri Jun 2025	59.42	58.48	59.95	57.66	0.718 times
12 Thu Jun 2025	59.38	61.30	61.64	59.03	1.003 times
11 Wed Jun 2025	61.26	60.32	63.39	60.24	2.169 times
10 Tue Jun 2025	60.00	60.63	61.30	59.80	1.373 times
09 Mon Jun 2025	60.00	61.00	62.57	59.60	1.698 times
06 Fri Jun 2025	59.61	59.80	60.30	59.50	0.386 times
05 Thu Jun 2025	59.83	61.15	61.46	59.45	0.606 times
04 Wed Jun 2025	60.74	59.81	60.98	59.32	0.629 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 57.1, for a target of 58.6 or 59.88

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	48.25
Downside Target	52.20
Downside Target	55.05
Downside Target	56.80
Upside Target	61.74
Upside Target	61.90
Upside Target	63.39
Upside Target	63.69
Upside Target	68.99

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	56.01
Downside Intraday Target	55.01
Upside Intraday Target	58.8
Upside Intraday Target	60.59
Upside Intraday Target	57.8

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Jun 2025	57.01	59.42	59.59	56.80	0.224 times
13 Fri Jun 2025	59.42	61.00	63.39	57.66	2.014 times
06 Fri Jun 2025	59.61	59.00	61.74	58.40	0.561 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

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
17 Tue Jun 2025	57.01	59.00	63.39	56.80	0.65 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Confidence Petro in short term but the sell signal is initial and weak.

Confidence Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but selling is losing 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 59.78 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 positive

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