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 2024-10-03 View latest technical analysis

10 day averaged volume of Panama Petrochem is 81853

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	397.30	388.50	401.95	384.05	1.071 times
01 Tue Oct 2024	397.65	389.05	409.85	388.90	1.368 times
30 Mon Sep 2024	387.15	393.70	393.70	385.00	0.694 times
27 Fri Sep 2024	393.70	399.00	400.00	390.00	0.831 times
26 Thu Sep 2024	400.20	396.00	402.00	387.10	1.807 times
25 Wed Sep 2024	395.90	400.00	401.95	394.20	0.471 times
24 Tue Sep 2024	402.05	398.35	404.00	395.00	0.806 times
23 Mon Sep 2024	398.65	400.35	401.15	393.80	1.185 times
20 Fri Sep 2024	400.85	398.95	402.80	396.00	0.699 times
19 Thu Sep 2024	398.95	402.85	405.00	388.05	1.231 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 395.5 as stoploss in an intra day buy trade for a target of 403.47. However, stock will show a bearish move below 395.5.

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	293.50
Downside Target	380.15
Upside Target	404.00
Upside Target	409.85
Upside Target	419.50
Upside Target	420.95
Upside Target	421.90
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	384.28
Downside Intraday Target	371.27
Upside Intraday Target	410.08
Upside Intraday Target	422.87
Downside Intraday Target	397.07

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	397.30	393.70	409.85	384.05	0.614 times
27 Fri Sep 2024	393.70	400.35	404.00	387.10	0.909 times
20 Fri Sep 2024	400.85	412.60	419.50	388.05	0.89 times
13 Fri Sep 2024	412.60	410.50	421.90	406.35	0.923 times
06 Fri Sep 2024	410.70	424.00	424.00	404.50	1.178 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
03 Thu Oct 2024	397.30	389.05	409.85	384.05	0.099 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
31 Wed Jul 2024	413.45	397.40	452.50	383.05	1.268 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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

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 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 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 397.79 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.