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 2025-02-21 View latest technical analysis

10 day averaged volume of Panama Petrochem is 82204

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	350.75	363.10	367.95	344.85	0.881 times
20 Thu Feb 2025	365.30	341.00	374.90	341.00	3.26 times
19 Wed Feb 2025	346.20	306.75	358.40	306.65	2.174 times
18 Tue Feb 2025	311.40	311.15	312.65	305.00	0.906 times
17 Mon Feb 2025	309.60	318.35	319.35	306.10	0.663 times
14 Fri Feb 2025	318.30	329.65	329.65	314.50	0.54 times
13 Thu Feb 2025	328.00	330.95	335.00	322.60	0.61 times
12 Wed Feb 2025	329.30	340.10	340.10	327.00	0.768 times
11 Tue Feb 2025	340.35	348.40	348.45	333.10	0.466 times
10 Mon Feb 2025	346.70	353.50	357.70	344.10	0.258 times

My analysis of stock is bullish for shortterm, and stock might move up till 364.9 or till 387.9. Use a stoploss of 345.86 and if this stock hits its stoploss, then it can fall down till 326.77

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	305.00
Downside Target	314.50
Downside Target	327.05
Downside Target	338.15
Downside Target	350.60
Upside Target	374.90
Upside Target	379.80
Upside Target	382.05
Upside Target	385.00
Upside Target	399.95
Upside Target	410.00
Upside Target	416.20

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	312.2
Downside Intraday Target	273.65
Upside Intraday Target	382.1
Upside Intraday Target	413.45
Downside Intraday Target	343.55

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	350.75	318.35	374.90	305.00	2.985 times
14 Fri Feb 2025	318.30	353.50	357.70	314.50	1.196 times
07 Fri Feb 2025	353.55	380.00	382.05	350.60	0.5 times
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

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
21 Fri Feb 2025	350.75	380.00	382.05	305.00	1.007 times
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

Scroll below to view daily charts

Price has moved down 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Panama Petrochem stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Panama Petrochem in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 343.23 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 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.