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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)

10 day averaged volume of Confi Petro is 91217

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 89.03 85.15 89.90 85.15 1.273 times
07 Tue May 2024 86.39 87.71 87.89 85.24 1.023 times
06 Mon May 2024 87.64 89.01 89.30 86.56 0.723 times
03 Fri May 2024 88.63 90.59 90.59 87.61 1.753 times
02 Thu May 2024 89.82 89.94 90.33 89.10 0.434 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 88.2 as stoploss in an intra day buy trade for a target of 90.3. However, stock will show a bearish move below 88.2.

Share price targets for Confi Petro (ConfiPetro)

Target Type Value
Downside Target 83.06
Downside Target 87.61
Upside Target 89.90
Upside Target 91.66
Upside Target 91.69
Upside Target 92.80
Upside Target 94.85
Upside Target 98.04
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 86.15
Downside Intraday Target 83.28
Upside Intraday Target 90.9
Upside Intraday Target 92.78
Downside Intraday Target 88.03

Weekly technical analysis of Confi Petro (ConfiPetro)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 89.03 89.01 89.90 85.15 0.68 times
03 Fri May 2024 88.63 90.87 91.66 87.61 0.798 times
26 Fri Apr 2024 90.46 91.53 92.80 90.00 0.782 times
19 Fri Apr 2024 88.87 85.16 91.69 85.16 0.928 times
12 Fri Apr 2024 92.77 97.23 98.04 91.66 0.465 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 Confi Petro (ConfiPetro)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 89.03 89.94 90.59 85.15 0.133 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 18, 25, 18 Sell
MACD -3, -2Sell
Stochastics 28Sell
CCI -74Buy
RSI 65Buy
OBV -1428180Sell
VWAP 89Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Confi Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Confi Petro in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Confi 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 89.35 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 positive

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

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