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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 1045538

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	58.97	61.20	61.30	58.28	0.973 times
29 Thu May 2025	60.94	61.00	61.92	60.25	0.517 times
28 Wed May 2025	60.72	61.93	62.31	60.39	0.529 times
27 Tue May 2025	61.60	61.55	61.92	60.30	0.891 times
26 Mon May 2025	61.31	60.51	63.69	59.81	1.865 times
23 Fri May 2025	60.55	60.23	61.69	59.30	1.311 times
22 Thu May 2025	60.04	58.00	61.90	57.50	2.747 times
21 Wed May 2025	57.57	56.50	57.75	55.80	0.659 times
20 Tue May 2025	56.47	57.47	57.94	55.35	0.539 times
19 Mon May 2025	57.47	57.00	58.20	56.89	0.57 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60.1 as stoploss in an intra day sell trade for a target of 56.24. However, stock will show a bullish move above 60.1.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	48.25
Downside Target	51.27
Downside Target	54.90
Downside Target	56.94
Downside Target	58.28
Upside Target	59.20
Upside Target	61.90
Upside Target	63.69
Upside Target	65.35
Upside Target	68.99
Upside Target	77.49

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	56.94
Downside Intraday Target	54.9
Upside Intraday Target	62.35
Upside Intraday Target	65.72
Upside Intraday Target	60.31

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	58.97	60.51	63.69	58.28	0.82 times
23 Fri May 2025	60.55	57.00	61.90	55.35	3.173 times
16 Fri May 2025	56.61	52.00	56.94	51.51	1.112 times
09 Fri May 2025	50.45	52.00	52.86	48.25	1.313 times
02 Fri May 2025	51.62	54.02	54.90	51.27	0.404 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
30 Fri May 2025	58.97	52.00	63.69	48.25	1.085 times
30 Wed Apr 2025	51.68	46.95	59.20	46.75	0.781 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Confidence Petro stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Confidence Petro in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 59.96 and Confidence Petro (CONFIPET) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.