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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)

10 day averaged volume of Confidence Petro is 1152970

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	53.63	50.00	54.49	50.00	0.896 times
02 Wed Apr 2025	50.83	51.00	51.26	49.00	0.395 times
01 Tue Apr 2025	50.65	46.95	51.40	46.90	1.189 times
28 Fri Mar 2025	46.92	48.10	50.76	46.37	1.435 times
27 Thu Mar 2025	47.80	47.70	49.70	46.85	2.082 times
26 Wed Mar 2025	47.76	50.15	50.69	47.10	1.202 times
25 Tue Mar 2025	49.98	52.25	52.70	49.79	0.854 times
24 Mon Mar 2025	51.75	52.38	53.50	51.50	0.722 times
21 Fri Mar 2025	51.55	50.21	52.20	50.21	0.814 times
20 Thu Mar 2025	50.08	50.75	51.97	49.91	0.746 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.3, but if it comes below 52.3, then a intra day sell could be more profitable.
If you take a sell trade below 52.3, then use 52.3 as stoploss and 50.25 as target. However if you take a buy trade in stock , then use 52.3 as stoploss and 54.8 as target.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	48.56
Downside Target	52.20
Downside Target	53.45
Upside Target	54.49
Upside Target	55.05
Upside Target	65.35
Upside Target	68.89
Upside Target	68.99
Upside Target	77.49
Upside Target	84.04

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	48.86
Downside Intraday Target	44.08
Upside Intraday Target	56.45
Upside Intraday Target	59.26
Downside Intraday Target	51.67

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	53.63	46.95	54.49	46.90	0.394 times
28 Fri Mar 2025	46.92	52.38	53.50	46.37	1.622 times
21 Fri Mar 2025	51.55	49.99	52.20	46.05	2.025 times
13 Thu Mar 2025	48.84	53.32	53.45	48.56	0.595 times
07 Fri Mar 2025	53.68	52.89	55.05	48.92	2.31 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
03 Thu Apr 2025	53.63	46.95	54.49	46.90	0.162 times
28 Fri Mar 2025	46.92	52.89	55.05	46.05	2.27 times
28 Fri Feb 2025	52.72	66.98	68.99	52.20	0.738 times
31 Fri Jan 2025	68.48	70.10	77.49	65.35	0.8 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Confidence Petro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Confidence Petro in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 49.54 and Confidence Petro (CONFIPET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.