Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PANAMAPET) Panama Petrochem complete technical analysis [charts+indicators] | Buy/Sell Panama Petrochem | (PANAMAPET) share price targets

Complete technical analysis of Panama Petrochem (PANAMAPET) by charts plus indicators, forecast predictions and share price targets for Panama Petrochem (PANAMAPET)

Panama Petrochem trades in NSE in Oil Marketing & Distribution sector.

10 day averaged volume of Panama Petrochem is 91006

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	309.50	312.00	312.00	306.00	0.622 times
19 Tue Nov 2024	310.40	313.20	319.80	308.45	1.707 times
18 Mon Nov 2024	311.80	319.40	322.90	309.95	0.633 times
14 Thu Nov 2024	317.85	324.70	332.00	315.80	0.99 times
13 Wed Nov 2024	320.45	341.90	345.50	316.25	2.122 times
12 Tue Nov 2024	340.15	372.00	375.25	336.90	1.895 times
11 Mon Nov 2024	370.55	370.00	376.40	362.05	0.305 times
08 Fri Nov 2024	372.40	375.70	380.65	361.00	0.997 times
07 Thu Nov 2024	374.75	381.00	383.10	373.05	0.274 times
06 Wed Nov 2024	381.15	371.50	383.10	371.50	0.611 times

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 299.2, for a target of 330.5 or 356.54

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	306.00
Upside Target	315.80
Upside Target	322.90
Upside Target	354.00
Upside Target	376.40
Upside Target	385.00
Upside Target	410.00
Upside Target	424.00
Upside Target	427.20
Upside Target	452.50

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	302.7
Downside Intraday Target	295.9
Upside Intraday Target	319.6
Upside Intraday Target	329.7
Upside Intraday Target	312.8

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	309.50	319.40	322.90	306.00	0.558 times
14 Thu Nov 2024	317.85	370.00	376.40	315.80	2.05 times
08 Fri Nov 2024	372.40	376.40	383.10	361.00	1.511 times
01 Fri Nov 2024	377.45	360.00	385.00	357.30	0.536 times
25 Fri Oct 2024	363.50	410.00	410.00	354.00	1.15 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 Panama Petrochem (PANAMAPET)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	309.50	382.95	385.00	306.00	0.768 times
31 Thu Oct 2024	380.95	389.05	410.00	354.00	0.651 times
30 Mon Sep 2024	387.15	424.00	424.00	385.00	0.581 times
30 Fri Aug 2024	415.65	415.70	427.20	380.15	0.479 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 Panama Petrochem (PANAMAPET)

Price action analysis of Panama Petrochem ( (PANAMAPET) ) 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 Panama Petrochem ( (PANAMAPET) ) 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 Panama Petrochem ( (PANAMAPET) ) 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 Panama Petrochem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Panama Petrochem in short term and the sell signal is strong.

Panama Petrochem 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 coming down

CCI has generated a SELL signal for Panama Petrochem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Panama Petrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 332.7 and Panama Petrochem (PANAMAPET) 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 Panama Petrochem (PANAMAPET) stock. Volume based technical analysis of Panama Petrochem (PANAMAPET) stock is negative.

Panama Petrochem 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.