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 5483160

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	95.15	97.35	97.90	93.80	0.46 times
04 Mon Dec 2023	97.15	98.80	99.40	95.50	0.458 times
01 Fri Dec 2023	96.95	97.50	99.00	96.15	0.525 times
30 Thu Nov 2023	97.10	103.00	104.90	96.50	1.686 times
29 Wed Nov 2023	101.85	101.80	104.30	98.25	1.821 times
28 Tue Nov 2023	100.00	93.35	101.45	93.05	2.583 times
24 Fri Nov 2023	91.20	93.00	94.20	89.40	0.781 times
23 Thu Nov 2023	91.95	87.00	93.25	87.00	1.524 times
22 Wed Nov 2023	86.70	86.05	87.95	85.50	0.337 times
21 Tue Nov 2023	85.30	84.00	85.80	82.60	0.171 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 95.7 as stoploss in an intra day sell trade for a target of 89.64. However, stock will show a bullish move above 95.7.

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	69.60
Downside Target	71.65
Downside Target	77.65
Downside Target	81.90
Downside Target	86.10
Downside Target	90.70
Downside Target	94.20
Upside Target	97.80
Upside Target	98.25
Upside Target	99.40
Upside Target	104.90

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	92.83
Downside Intraday Target	90.52
Upside Intraday Target	98.43
Upside Intraday Target	101.72
Upside Intraday Target	96.12

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	95.15	98.80	99.40	93.80	0.139 times
01 Fri Dec 2023	96.95	93.35	104.90	93.05	2.26 times
24 Fri Nov 2023	91.20	84.80	94.20	82.60	2.758 times
17 Fri Nov 2023	84.25	85.30	90.70	84.00	1.453 times
10 Fri Nov 2023	83.40	83.50	86.10	81.90	0.8 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
05 Tue Dec 2023	95.15	97.50	99.40	93.80	0.126 times
30 Thu Nov 2023	97.10	77.70	104.90	77.65	1.938 times
31 Tue Oct 2023	77.35	85.90	92.20	71.65	0.76 times
29 Fri Sep 2023	86.25	91.00	97.80	83.10	0.571 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 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Confidence Petro in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 96.83 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.