Mobile app version of munafa.org
Login or Join
 Learn then Earn

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 1160965

Date Daily Closing Price Open High Low Volume
16 Thu Oct 2025 41.19 41.29 41.62 41.09 0.329 times
15 Wed Oct 2025 41.08 41.80 41.85 40.93 0.595 times
14 Tue Oct 2025 41.24 42.40 42.59 41.21 0.529 times
13 Mon Oct 2025 42.19 42.00 42.77 42.00 0.626 times
10 Fri Oct 2025 42.77 42.25 43.14 41.74 0.648 times
09 Thu Oct 2025 42.24 44.93 44.95 42.01 2.078 times
08 Wed Oct 2025 44.57 46.00 46.21 44.31 1.258 times
07 Tue Oct 2025 46.52 46.35 48.25 43.01 3.314 times
06 Mon Oct 2025 46.45 45.98 46.79 45.86 0.369 times
03 Fri Oct 2025 45.83 45.90 46.10 45.58 0.202 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.7, but if it comes above 42.7, then a intra day buy could be more profitable.
If you take a sell trade below 42.7, then use 42.7 as stoploss and 40 as target. However if you take a buy trade in stock , then use 42.7 as stoploss and 44.88 as target.

Share price targets for Confidence Petro (CONFIPET)

Target Type Value
Downside Target 40.93
Upside Target 42.77
Upside Target 44.85
Upside Target 48.25
Upside Target 49.95
Upside Target 50.73
Upside Target 50.84
Upside Target 52.64
Upside Target 58.43
Upside Target 63.39

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type Value
Downside Intraday Target 40.49
Downside Intraday Target 39.79
Upside Intraday Target 42.33
Upside Intraday Target 43.47
Upside Intraday Target 41.63

Weekly technical analysis of Confidence Petro (CONFIPET)

Date Weekly Closing Price Open High Low Volume
16 Thu Oct 2025 41.19 42.00 42.77 40.93 0.271 times
10 Fri Oct 2025 42.77 45.98 48.25 41.74 6.746 times
03 Fri Oct 2025 45.83 45.68 46.10 44.85 0.386 times
26 Fri Sep 2025 45.50 47.74 48.01 45.25 0.842 times
19 Fri Sep 2025 47.65 49.10 50.73 47.42 2.395 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
16 Thu Oct 2025 41.19 45.06 48.25 40.93 1.059 times
30 Tue Sep 2025 45.06 47.50 50.73 44.85 1.18 times
29 Fri Aug 2025 47.30 51.82 52.64 47.00 0.45 times
31 Thu Jul 2025 52.02 52.45 58.43 50.84 0.782 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 44.06 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.

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 44.06 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.

Click here for Confidence Petro charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme