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(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 2024-06-03 View latest technical analysis

10 day averaged volume of Confi Petro is 100147

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	78.31	83.36	84.90	77.54	4.718 times
31 Fri May 2024	81.72	82.27	83.52	80.59	1.676 times
30 Thu May 2024	82.96	85.70	85.70	82.60	0.269 times
29 Wed May 2024	84.70	87.40	87.40	84.30	0.27 times
28 Tue May 2024	84.91	86.99	86.99	84.71	0.399 times
27 Mon May 2024	85.68	86.98	87.80	85.50	1.292 times
24 Fri May 2024	86.54	87.66	87.89	86.25	1.538 times
23 Thu May 2024	87.71	90.89	90.89	87.45	0.484 times
22 Wed May 2024	90.00	89.84	90.75	88.06	1.699 times
21 Tue May 2024	89.12	85.61	91.35	85.61	1.827 times

Stock of Confi Petro (ConfiPetro) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 79.7, for a target of 82.8 or 85.34

Share price targets for Confi Petro (ConfiPetro)

Target Type	Value
Downside Target	77.54
Upside Target	80.59
Upside Target	83.17
Upside Target	86.85
Upside Target	87.80
Upside Target	89.90
Upside Target	91.35
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	75.6
Downside Intraday Target	72.89
Upside Intraday Target	82.96
Upside Intraday Target	87.61
Upside Intraday Target	80.25

Weekly technical analysis of Confi Petro (ConfiPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	78.31	83.36	84.90	77.54	1.208 times
31 Fri May 2024	81.72	86.98	87.80	80.59	0.704 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

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
03 Mon Jun 2024	78.31	83.36	84.90	77.54	0.235 times
31 Fri May 2024	81.72	89.94	91.35	80.59	0.563 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

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Confi Petro in short term and the sell signal is strong.

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 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 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 83.79 and Confi Petro (ConfiPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.