(ConfiPetro) Confi Petro complete technical analysis [charts+indicators] | Buy/Sell Confi Petro | (ConfiPetro) share price targets
Complete technical analysis of Confi Petro (ConfiPetro) by charts plus indicators, forecast predictions and share price targets for Confi Petro (ConfiPetro)
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Confi Petro is 99217
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 84.91 | 86.99 | 86.99 | 84.71 | 0.403 times |
| 27 Mon May 2024 | 85.68 | 86.98 | 87.80 | 85.50 | 1.304 times |
| 24 Fri May 2024 | 86.54 | 87.66 | 87.89 | 86.25 | 1.552 times |
| 23 Thu May 2024 | 87.71 | 90.89 | 90.89 | 87.45 | 0.488 times |
| 22 Wed May 2024 | 90.00 | 89.84 | 90.75 | 88.06 | 1.715 times |
| 21 Tue May 2024 | 89.12 | 85.61 | 91.35 | 85.61 | 1.844 times |
| 18 Sat May 2024 | 85.37 | 84.79 | 86.22 | 83.50 | 0.552 times |
| 17 Fri May 2024 | 83.70 | 84.01 | 84.55 | 83.50 | 0.388 times |
| 16 Thu May 2024 | 83.99 | 84.51 | 85.38 | 83.75 | 0.557 times |
| 15 Wed May 2024 | 84.37 | 86.34 | 86.70 | 84.08 | 0.424 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 84.7 as stoploss in an intra day buy trade for a target of 86.74. However, stock will show a bearish move below 84.7.
Share price targets for Confi Petro (ConfiPetro)
| Target Type | Value |
| Downside Target | 83.06 |
| Upside Target | 87.80 |
| Upside Target | 89.90 |
| Upside Target | 91.35 |
| Upside Target | 91.66 |
| Upside Target | 94.85 |
| Upside Target | 101.98 |
| Upside Target | 113.30 |
| Upside Target | 119.95 |
Intraday share price targets for Confi Petro (ConfiPetro)
| Target Type | Value |
| Downside Intraday Target | 83.81 |
| Downside Intraday Target | 82.72 |
| Upside Intraday Target | 86.9 |
| Upside Intraday Target | 88.9 |
| Upside Intraday Target | 85.81 |
Weekly technical analysis of Confi Petro (ConfiPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 84.91 | 86.98 | 87.80 | 84.71 | 0.305 times |
| 24 Fri May 2024 | 86.54 | 85.61 | 91.35 | 85.61 | 1.329 times |
| 18 Sat May 2024 | 85.37 | 85.79 | 86.85 | 83.50 | 0.941 times |
| 10 Fri May 2024 | 85.79 | 89.01 | 89.90 | 83.17 | 1.097 times |
| 03 Fri May 2024 | 88.63 | 90.87 | 91.66 | 87.61 | 0.798 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 Confi Petro (ConfiPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 84.91 | 89.94 | 91.35 | 83.17 | 0.501 times |
| 30 Tue Apr 2024 | 89.74 | 84.49 | 101.98 | 84.49 | 0.664 times |
| 28 Thu Mar 2024 | 84.00 | 109.50 | 113.30 | 83.70 | 0.296 times |
| 29 Thu Feb 2024 | 108.15 | 85.30 | 119.95 | 84.15 | 4.779 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 Confi Petro (ConfiPetro)
Price action analysis of Confi Petro ( (ConfiPetro) ) 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 Confi Petro ( (ConfiPetro) ) 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 Confi Petro ( (ConfiPetro) ) based on a short to mid 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 Confi Petro ( (ConfiPetro) ) 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 Confi Petro stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Confi Petro in short term but the buy signal is initial and weak.
Confi 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 coming down
CCI has generated a SELL signal for Confi Petro in short term and SELL 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 Confi 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 87.12 and Confi Petro (ConfiPetro) 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 Confi Petro (ConfiPetro) stock. Volume based technical analysis of Confi Petro (ConfiPetro) stock is negative.
Confi 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.
Price action analysis of Confi Petro ( (ConfiPetro) ) 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 Confi Petro ( (ConfiPetro) ) 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 Confi Petro ( (ConfiPetro) ) based on a short to mid 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 Confi Petro ( (ConfiPetro) ) 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 Confi Petro stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Confi Petro in short term but the buy signal is initial and weak.
Confi 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 coming down
CCI has generated a SELL signal for Confi Petro in short term and SELL 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 Confi 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 87.12 and Confi Petro (ConfiPetro) 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 Confi Petro (ConfiPetro) stock. Volume based technical analysis of Confi Petro (ConfiPetro) stock is negative.
Confi 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.
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