(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 1918634
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 82.95 | 85.00 | 85.00 | 82.60 | 0.467 times |
| 13 Thu Jun 2024 | 82.40 | 83.10 | 83.83 | 81.80 | 1.11 times |
| 12 Wed Jun 2024 | 82.72 | 81.86 | 83.95 | 81.55 | 0.671 times |
| 11 Tue Jun 2024 | 81.28 | 81.30 | 82.30 | 80.10 | 0.54 times |
| 10 Mon Jun 2024 | 80.78 | 79.00 | 83.50 | 77.71 | 1.613 times |
My analysis of stock is bullish for shortterm, and stock might move up till 87.1 or till 92.9. Use a stoploss of 82.31 and if this stock hits its stoploss, then it can fall down till 77.48
Share price targets for Confidence Petro (CONFIPET)
| Target Type | Value |
| Downside Target | 62.55 |
| Downside Target | 77.71 |
| Downside Target | 80.70 |
| Upside Target | 83.10 |
| Upside Target | 86.00 |
| Upside Target | 86.80 |
| Upside Target | 87.80 |
| Upside Target | 91.45 |
| Upside Target | 102.00 |
| Upside Target | 113.15 |
| Upside Target | 120.00 |
Intraday share price targets for Confidence Petro (CONFIPET)
| Target Type | Value |
| Downside Intraday Target | 78.77 |
| Downside Intraday Target | 74.6 |
| Upside Intraday Target | 86.06 |
| Upside Intraday Target | 89.18 |
| Downside Intraday Target | 81.89 |
Weekly technical analysis of Confidence Petro (CONFIPET)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 82.95 | 79.00 | 85.00 | 77.71 | 0.786 times |
| 07 Fri Jun 2024 | 77.15 | 84.00 | 86.00 | 62.55 | 2.718 times |
| 31 Fri May 2024 | 81.70 | 86.55 | 87.80 | 80.70 | 0.604 times |
| 24 Fri May 2024 | 86.45 | 84.00 | 91.45 | 84.00 | 1.528 times |
| 17 Fri May 2024 | 83.65 | 85.55 | 86.80 | 83.45 | 0.928 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 |
| 14 Fri Jun 2024 | 82.95 | 84.00 | 86.00 | 62.55 | 0.91 times |
| 31 Fri May 2024 | 81.70 | 89.80 | 91.45 | 80.70 | 0.507 times |
| 30 Tue Apr 2024 | 89.80 | 84.90 | 102.00 | 84.70 | 0.79 times |
| 28 Thu Mar 2024 | 84.05 | 109.10 | 113.15 | 83.10 | 0.289 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 27, 8 | Sell |
| MACD | -3, -4 | Buy |
| Stochastics | 86 | Buy |
| CCI | 86 | Buy |
| RSI | 52 | Buy |
| OBV | -940574 | Sell |
| VWAP | 78 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 77.87 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.
Click here for Confidence Petro charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © munafa.online2024 All Rights reserved.