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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 2025-08-12 View latest technical analysis

10 day averaged volume of Confidence Petro is 443421

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Aug 2025	48.95	49.60	49.79	48.70	0.53 times
11 Mon Aug 2025	49.04	48.71	49.48	48.32	0.56 times
08 Fri Aug 2025	48.80	50.20	50.21	47.82	2.157 times
07 Thu Aug 2025	49.81	49.81	50.39	48.86	0.873 times
06 Wed Aug 2025	49.81	50.89	50.89	49.50	1.123 times
05 Tue Aug 2025	50.32	50.10	50.93	50.05	0.986 times
04 Mon Aug 2025	50.30	51.50	51.50	50.10	1.003 times
01 Fri Aug 2025	50.80	51.82	52.64	50.46	1.184 times
31 Thu Jul 2025	52.02	51.99	52.39	50.90	0.591 times
30 Wed Jul 2025	51.88	52.59	52.66	51.61	0.444 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.8, but if it comes above 49.8, then a intra day buy could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 47.2 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 51.96 as target.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.75
Downside Target	47.82
Upside Target	49.79
Upside Target	52.70
Upside Target	54.40
Upside Target	55.33
Upside Target	57.50
Upside Target	58.43
Upside Target	59.20
Upside Target	63.39
Upside Target	63.69

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	48.25
Downside Intraday Target	47.55
Upside Intraday Target	49.72
Upside Intraday Target	50.49
Upside Intraday Target	49.02

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Aug 2025	48.95	48.71	49.79	48.32	0.178 times
08 Fri Aug 2025	48.80	51.50	51.50	47.82	1.441 times
01 Fri Aug 2025	50.80	52.04	52.70	50.46	1.072 times
25 Fri Jul 2025	52.20	55.12	55.33	52.00	0.62 times
18 Fri Jul 2025	55.12	55.53	57.50	54.40	0.644 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
12 Tue Aug 2025	48.95	51.82	52.64	47.82	0.175 times
31 Thu Jul 2025	52.02	52.45	58.43	50.84	0.782 times
30 Mon Jun 2025	52.21	59.00	63.39	49.95	1.822 times
30 Fri May 2025	58.97	52.00	63.69	48.25	1.085 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 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 losing momentum.

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

Confidence Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

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 49.95 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.