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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 2025-01-14 View latest technical analysis

10 day averaged volume of Confidence Petro is 615572

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	68.99	68.98	69.50	66.36	0.769 times
13 Mon Jan 2025	66.66	68.40	69.67	65.35	1.089 times
10 Fri Jan 2025	69.68	72.25	73.66	69.16	0.914 times
09 Thu Jan 2025	73.02	73.62	74.28	72.35	0.315 times
08 Wed Jan 2025	73.83	74.34	74.45	72.75	0.671 times
07 Tue Jan 2025	73.83	72.45	76.50	71.71	1.539 times
06 Mon Jan 2025	72.22	76.68	76.69	71.70	0.707 times
03 Fri Jan 2025	76.39	75.45	76.90	75.27	0.853 times
02 Thu Jan 2025	76.62	72.90	77.49	72.57	1.678 times
01 Wed Jan 2025	72.89	70.10	73.50	69.71	1.233 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69.9, but if it comes above 69.9, then a intra day buy could be more profitable.
If you take a sell trade below 69.9, then use 69.9 as stoploss and 66.9 as target. However if you take a buy trade in stock , then use 69.9 as stoploss and 72.36 as target.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	65.35
Downside Target	68.89
Upside Target	71.20
Upside Target	74.84
Upside Target	77.49
Upside Target	78.50
Upside Target	79.80
Upside Target	84.04
Upside Target	84.81
Upside Target	90.00
Upside Target	98.54

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	66.34
Downside Intraday Target	63.68
Upside Intraday Target	70.66
Upside Intraday Target	72.32
Downside Intraday Target	68

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	68.99	68.40	69.67	65.35	0.448 times
10 Fri Jan 2025	69.68	76.68	76.69	69.16	0.772 times
03 Fri Jan 2025	76.39	72.61	77.49	68.89	1.557 times
27 Fri Dec 2024	72.21	72.00	74.84	69.65	0.933 times
20 Fri Dec 2024	71.99	77.24	78.50	71.20	0.472 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
14 Tue Jan 2025	68.99	70.10	77.49	65.35	0.456 times
31 Tue Dec 2024	69.97	75.40	84.04	68.89	1.184 times
29 Fri Nov 2024	75.20	78.29	79.80	65.51	0.602 times
31 Thu Oct 2024	77.85	86.95	90.00	75.64	0.359 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 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 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 72.7 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.