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(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.

Showing technical analysis as on 2024-06-18 View latest technical analysis

10 day averaged volume of Panama Petrochem is 325326

Date Daily Closing Price Open High Low Volume
18 Tue Jun 2024 406.65 402.00 417.00 393.00 3.027 times
14 Fri Jun 2024 393.65 385.00 404.95 380.80 2.424 times
13 Thu Jun 2024 378.40 379.90 383.90 375.00 0.259 times
12 Wed Jun 2024 379.45 380.30 389.90 372.30 0.393 times
11 Tue Jun 2024 379.55 380.10 385.20 375.55 0.263 times
10 Mon Jun 2024 379.45 383.00 389.20 377.85 0.403 times
07 Fri Jun 2024 381.65 370.20 396.00 366.80 2.147 times
06 Thu Jun 2024 365.80 348.20 374.40 348.20 1.094 times
05 Wed Jun 2024 345.20 329.00 347.10 315.05 0.667 times
04 Tue Jun 2024 323.05 357.70 357.70 293.50 1.744 times

Stock of Panama Petrochem (PANAMAPET) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 408.4, for a target of 385.6 or 366.67

Share price targets for Panama Petrochem (PANAMAPET)

Target Type Value
Downside Target 293.50
Downside Target 299.80
Downside Target 316.05
Downside Target 337.00
Downside Target 347.10
Downside Target 355.35
Downside Target 372.30
Downside Target 387.00
Downside Target 396.00
Downside Target 399.00
Downside Target 404.95
Upside Target 417.00

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type Value
Downside Intraday Target 394.1
Downside Intraday Target 381.55
Upside Intraday Target 418.1
Upside Intraday Target 429.55
Downside Intraday Target 405.55

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date Weekly Closing Price Open High Low Volume
18 Tue Jun 2024 406.65 402.00 417.00 393.00 0.809 times
14 Fri Jun 2024 393.65 383.00 404.95 372.30 0.598 times
07 Fri Jun 2024 381.65 375.00 396.00 293.50 0.378 times
31 Fri May 2024 358.90 348.25 399.00 347.10 8.524 times
24 Fri May 2024 347.25 340.05 358.60 337.00 1.376 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 Panama Petrochem (PANAMAPET)

Date Monthly Closing Price Open High Low Volume
18 Tue Jun 2024 406.65 375.00 417.00 293.50 0.554 times
31 Fri May 2024 358.90 336.40 399.00 322.20 3.753 times
30 Tue Apr 2024 335.10 334.15 355.35 316.05 0.673 times
28 Thu Mar 2024 332.50 344.95 362.00 299.80 0.291 times

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Panama Petrochem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Panama Petrochem in short term and the buy signal is strong.

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

Panama Petrochem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Panama Petrochem in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Stock of Panama Petrochem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 378.25 and Panama Petrochem (PANAMAPET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Panama Petrochem ( (PANAMAPET) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Panama Petrochem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Panama Petrochem in short term and the buy signal is strong.

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

Panama Petrochem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Panama Petrochem in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Stock of Panama Petrochem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 378.25 and Panama Petrochem (PANAMAPET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.

Click here for Panama Petrochem charts

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Daily charts

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Daily chart
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