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)

10 day averaged volume of Confidence Petro is 1069035

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	88.70	90.00	90.50	87.55	0.955 times
02 Thu May 2024	89.70	89.80	90.30	89.10	0.644 times
30 Tue Apr 2024	89.80	91.00	91.30	89.25	0.622 times
29 Mon Apr 2024	90.30	91.00	91.75	90.00	0.896 times
26 Fri Apr 2024	90.40	92.00	92.40	90.10	1.229 times
25 Thu Apr 2024	91.40	90.90	92.20	90.50	0.808 times
24 Wed Apr 2024	90.90	90.95	92.70	90.30	1.638 times
23 Tue Apr 2024	90.95	90.80	92.15	90.55	0.931 times
22 Mon Apr 2024	90.80	91.00	92.15	89.90	1.124 times
19 Fri Apr 2024	88.85	87.70	89.40	86.70	1.137 times

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	82.00
Downside Target	86.70
Upside Target	89.90
Upside Target	91.80
Upside Target	92.70
Upside Target	94.90
Upside Target	97.95
Upside Target	102.00
Upside Target	113.15
Upside Target	120.00

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	86.92
Downside Intraday Target	85.13
Upside Intraday Target	91.12
Upside Intraday Target	93.53
Upside Intraday Target	89.33

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	88.70	91.00	91.75	87.55	0.544 times
26 Fri Apr 2024	90.40	91.00	92.70	89.90	1.132 times
19 Fri Apr 2024	88.85	88.55	91.80	86.70	0.801 times
12 Fri Apr 2024	92.60	97.90	97.95	91.70	0.312 times
05 Fri Apr 2024	97.00	84.90	102.00	84.70	2.911 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
03 Fri May 2024	88.70	89.80	90.50	87.55	0.041 times
30 Tue Apr 2024	89.80	84.90	102.00	84.70	0.79 times
28 Thu Mar 2024	84.05	109.10	113.15	83.10	0.289 times
29 Thu Feb 2024	108.20	85.65	120.00	84.15	5.118 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 gaining momentum.

MACD generated a SELL signal for Confidence Petro in short term and the sell 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 90.23 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.