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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 2024-07-01 View latest technical analysis

10 day averaged volume of Panama Petrochem is 322416

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	395.20	397.40	398.45	391.00	0.29 times
28 Fri Jun 2024	393.45	402.15	406.25	392.10	0.221 times
27 Thu Jun 2024	396.40	401.70	407.10	390.10	0.499 times
26 Wed Jun 2024	403.45	411.35	412.05	401.15	0.246 times
25 Tue Jun 2024	411.35	413.00	416.10	405.00	0.348 times
24 Mon Jun 2024	412.70	411.00	420.95	407.05	0.64 times
21 Fri Jun 2024	411.85	404.20	419.85	404.00	0.976 times
20 Thu Jun 2024	403.20	407.90	412.65	400.50	0.676 times
19 Wed Jun 2024	404.50	405.90	411.65	398.35	0.895 times
18 Tue Jun 2024	406.65	402.00	417.00	393.00	3.054 times

My analysis of stock is bullish for shortterm, and stock might move up till 409.3 or till 437.1. Use a stoploss of 386.13 and if this stock hits its stoploss, then it can fall down till 362.96

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	293.50
Downside Target	299.80
Downside Target	316.05
Downside Target	355.35
Downside Target	372.30
Downside Target	390.10
Upside Target	398.45
Upside Target	399.00
Upside Target	404.95
Upside Target	419.85
Upside Target	420.95

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	391.32
Downside Intraday Target	387.43
Upside Intraday Target	398.77
Upside Intraday Target	402.33
Downside Intraday Target	394.88

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	395.20	397.40	398.45	391.00	0.148 times
28 Fri Jun 2024	393.45	411.00	420.95	390.10	0.349 times
21 Fri Jun 2024	411.85	402.00	419.85	393.00	1.484 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

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
01 Mon Jul 2024	395.20	397.40	398.45	391.00	0.016 times
28 Fri Jun 2024	393.45	375.00	420.95	293.50	0.744 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

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 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 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 Weak and stock is losing momentum.

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

Panama Petrochem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 SELL signal for Panama Petrochem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 405.91 and Panama Petrochem (PANAMAPET) stock is trading below this level. This means that stock is falling with high volumes. 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.