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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 2025-01-31 View latest technical analysis

10 day averaged volume of Panama Petrochem is 34027

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	377.15	351.05	379.80	343.95	7.567 times
30 Thu Jan 2025	351.45	342.00	355.50	342.00	0.573 times
29 Wed Jan 2025	347.85	336.80	351.00	335.25	0.487 times
28 Tue Jan 2025	335.10	341.20	341.20	327.05	0.95 times
27 Mon Jan 2025	342.00	353.55	353.55	334.50	1.09 times
24 Fri Jan 2025	355.30	354.15	357.65	350.10	0.654 times
23 Thu Jan 2025	353.65	345.95	358.00	345.00	1.795 times
22 Wed Jan 2025	346.55	356.00	359.80	339.50	2.401 times
21 Tue Jan 2025	359.90	372.50	375.05	357.90	1.026 times
20 Mon Jan 2025	370.60	361.00	372.00	361.00	0.425 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 371.5, but if it comes below 371.5, then a intra day sell could be more profitable.
If you take a sell trade below 371.5, then use 371.5 as stoploss and 360.22 as target. However if you take a buy trade in stock , then use 371.5 as stoploss and 385 as target.

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	306.00
Downside Target	327.05
Downside Target	338.15
Downside Target	353.15
Downside Target	375.05
Upside Target	385.00
Upside Target	399.95
Upside Target	410.00
Upside Target	416.20
Upside Target	424.00

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	342.87
Downside Intraday Target	308.58
Upside Intraday Target	395.62
Upside Intraday Target	414.08
Downside Intraday Target	361.33

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	377.15	353.55	379.80	327.05	1.693 times
24 Fri Jan 2025	355.30	361.00	375.05	339.50	1.05 times
17 Fri Jan 2025	366.90	361.10	399.95	356.45	1.06 times
10 Fri Jan 2025	377.40	377.40	384.95	353.15	1.887 times
03 Fri Jan 2025	375.75	373.85	381.00	360.20	0.777 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Panama Petrochem (PANAMAPET)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	377.15	367.90	399.95	327.05	0.706 times
31 Tue Dec 2024	366.05	341.65	416.20	338.15	1.067 times
29 Fri Nov 2024	346.25	382.95	385.00	306.00	1.055 times
31 Thu Oct 2024	380.95	389.05	410.00	354.00	0.651 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 361.96 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.