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.

Showing technical analysis as on 2024-07-29 View latest technical analysis

10 day averaged volume of Panama Petrochem is 371384

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	439.95	426.00	452.20	426.00	1.48 times
26 Fri Jul 2024	424.55	426.10	443.90	422.10	0.835 times
25 Thu Jul 2024	425.55	433.00	444.25	422.75	0.789 times
24 Wed Jul 2024	431.95	419.70	441.00	416.30	1.53 times
23 Tue Jul 2024	415.15	411.25	424.00	401.10	0.916 times
22 Mon Jul 2024	414.30	405.00	434.15	402.05	2.684 times
19 Fri Jul 2024	393.30	394.00	404.30	383.05	0.745 times
18 Thu Jul 2024	392.40	398.40	416.00	388.80	0.889 times
16 Tue Jul 2024	400.45	398.90	415.00	395.00	0.683 times
15 Mon Jul 2024	397.50	409.45	410.80	396.85	0.695 times

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 437.6, for a target of 422.4 or 409.72

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	383.05
Downside Target	391.00
Downside Target	414.40
Downside Target	420.95
Downside Target	426.00
Downside Target	433.05
Upside Target	444.25
Upside Target	452.20

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	426.57
Downside Intraday Target	413.18
Upside Intraday Target	452.77
Upside Intraday Target	465.58
Downside Intraday Target	439.38

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	439.95	426.00	452.20	426.00	0.219 times
26 Fri Jul 2024	424.55	405.00	444.25	401.10	2.243 times
19 Fri Jul 2024	393.30	409.45	416.00	383.05	0.952 times
12 Fri Jul 2024	407.40	405.45	433.05	397.00	1.715 times
05 Fri Jul 2024	403.65	397.40	414.40	391.00	1.087 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
29 Mon Jul 2024	439.95	397.40	452.20	383.05	1.061 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 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 tired and bears are picking up momentum.

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

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 416.69 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.