Stock analysis Confidence Petro Ind Ltd. CONFIPET
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Recent prices of CONFIPET Confidence Petro Ind Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
11 Tue Feb 2025 | 62.05 | 61.70 to 66.39 | -5.74% | 2.67 times |
10 Mon Feb 2025 | 65.83 | 65.60 to 67.68 | -2.36% | 1.03 times |
07 Fri Feb 2025 | 67.42 | 67.15 to 68.19 | -0.56% | 0.74 times |
06 Thu Feb 2025 | 67.80 | 67.25 to 68.35 | 0.28% | 0.73 times |
05 Wed Feb 2025 | 67.61 | 67.43 to 68.99 | 0.61% | 1.04 times |
04 Tue Feb 2025 | 67.20 | 67.00 to 68.69 | 0.57% | 0.87 times |
03 Mon Feb 2025 | 66.82 | 66.36 to 67.91 | -2.42% | 1.02 times |
31 Fri Jan 2025 | 68.48 | 68.13 to 69.35 | 0.06% | 1.35 times |
30 Thu Jan 2025 | 68.44 | 68.20 to 69.97 | -0.77% | 0.79 times |
29 Wed Jan 2025 | 68.97 | 68.00 to 69.88 | 1.97% | 0.81 times |
28 Tue Jan 2025 | 67.64 | 65.80 to 69.40 | -0.41% | 1.61 times |
27 Mon Jan 2025 | 67.92 | 67.56 to 69.00 | -2.3% | 1.3 times |
Technical analysis forecast for Confidence Petro Ind Ltd. Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Confidence Petro Ind Ltd. CONFIPET at this time. Stock is falling and might fall more.
It appears as if Confidence Petro Ind Ltd. CONFIPET gave a large move recently.
Stock of Confidence Petro Ind Ltd. (CONFIPET) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Confidence Petro Ind Ltd. 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 62, for a target of 65.4 or 68.22