(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 47034
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 57.85 | 56.50 | 58.38 | 56.50 | 1.568 times |
| 28 Tue Mar 2023 | 56.79 | 57.82 | 57.83 | 55.28 | 0.744 times |
| 27 Mon Mar 2023 | 57.08 | 59.80 | 60.58 | 56.00 | 1.814 times |
| 24 Fri Mar 2023 | 58.90 | 61.50 | 61.50 | 58.52 | 1.021 times |
| 23 Thu Mar 2023 | 60.47 | 61.40 | 61.99 | 60.23 | 0.62 times |
| 22 Wed Mar 2023 | 60.82 | 62.55 | 62.55 | 60.26 | 0.972 times |
| 21 Tue Mar 2023 | 62.14 | 60.61 | 62.38 | 60.39 | 0.945 times |
| 20 Mon Mar 2023 | 60.23 | 61.87 | 61.88 | 60.08 | 0.735 times |
| 17 Fri Mar 2023 | 61.84 | 60.10 | 62.48 | 60.04 | 1.342 times |
| 16 Thu Mar 2023 | 60.10 | 60.90 | 61.18 | 59.83 | 0.924 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.6, but if it comes above 58.6, then a intra day buy could be more profitable.
If you take a sell trade below 58.6, then use 58.6 as stoploss and 56.3 as target. However if you take a buy trade in stock , then use 58.6 as stoploss and 60.56 as target.
Share price targets for Confi Petro (ConfiPetro)
| Target Type | Value |
| Downside Target | 55.28 |
| Downside Target | 57.45 |
| Upside Target | 59.78 |
| Upside Target | 61.85 |
| Upside Target | 65.45 |
| Upside Target | 67.37 |
| Upside Target | 69.45 |
| Upside Target | 69.70 |
| Upside Target | 72.70 |
| Upside Target | 74.95 |
| Upside Target | 83.25 |
| Upside Target | 83.80 |
| Upside Target | 89.60 |
Intraday share price targets for Confi Petro (ConfiPetro)
| Target Type | Value |
| Downside Intraday Target | 55.23 |
| Downside Intraday Target | 52.6 |
| Upside Intraday Target | 60.53 |
| Upside Intraday Target | 63.2 |
| Upside Intraday Target | 57.9 |
Weekly technical analysis of Confi Petro (ConfiPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 57.85 | 59.80 | 60.58 | 55.28 | 0.961 times |
| 24 Fri Mar 2023 | 58.90 | 61.87 | 62.55 | 58.52 | 0.783 times |
| 17 Fri Mar 2023 | 61.84 | 64.85 | 65.45 | 59.83 | 0.689 times |
| 10 Fri Mar 2023 | 64.83 | 60.80 | 67.37 | 59.78 | 1.052 times |
| 03 Fri Mar 2023 | 59.83 | 61.10 | 61.85 | 57.45 | 1.174 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 |
| 29 Wed Mar 2023 | 57.85 | 59.96 | 67.37 | 55.28 | 0.878 times |
| 28 Tue Feb 2023 | 60.60 | 74.95 | 74.95 | 57.45 | 0.713 times |
| 31 Tue Jan 2023 | 73.60 | 79.70 | 83.25 | 69.45 | 0.469 times |
| 30 Fri Dec 2022 | 78.20 | 77.25 | 89.60 | 72.70 | 1.13 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 25, 29 | Sell |
| MACD | -4, -4 | Sell |
| Stochastics | 22 | Sell |
| CCI | -99 | Buy |
| RSI | 53 | Buy |
| OBV | 193707 | Sell |
| VWAP | 59 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 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 59.41 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.
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