(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.
10 day averaged volume of Panama Petrochem is 103918
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 340.15 | 342.45 | 342.45 | 336.95 | 0.397 times |
22 Mon Apr 2024 | 340.70 | 338.65 | 344.90 | 338.65 | 0.691 times |
19 Fri Apr 2024 | 338.10 | 327.20 | 342.50 | 325.25 | 1.062 times |
18 Thu Apr 2024 | 334.60 | 334.70 | 347.40 | 332.50 | 1.365 times |
16 Tue Apr 2024 | 333.60 | 321.00 | 340.95 | 321.00 | 1.478 times |
15 Mon Apr 2024 | 321.70 | 325.05 | 326.90 | 316.05 | 0.793 times |
12 Fri Apr 2024 | 329.35 | 332.05 | 336.55 | 328.50 | 1.096 times |
10 Wed Apr 2024 | 333.75 | 334.95 | 338.40 | 332.05 | 0.856 times |
09 Tue Apr 2024 | 335.10 | 339.90 | 342.40 | 331.10 | 0.932 times |
08 Mon Apr 2024 | 338.20 | 345.80 | 347.05 | 337.05 | 0.755 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 343.5 as stoploss in an intra day sell trade for a target of 335.61. However, stock will show a bullish move above 343.5.
Share price targets for Panama Petrochem (PANAMAPET)
Target Type | Value |
Downside Target | 299.80 |
Downside Target | 316.05 |
Downside Target | 328.50 |
Upside Target | 347.05 |
Upside Target | 347.40 |
Upside Target | 355.00 |
Upside Target | 355.35 |
Upside Target | 362.00 |
Upside Target | 365.95 |
Upside Target | 387.00 |
Intraday share price targets for Panama Petrochem (PANAMAPET)
Target Type | Value |
Downside Intraday Target | 336.43 |
Downside Intraday Target | 332.72 |
Upside Intraday Target | 344.38 |
Upside Intraday Target | 348.62 |
Upside Intraday Target | 340.67 |
Weekly technical analysis of Panama Petrochem (PANAMAPET)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 340.15 | 338.65 | 344.90 | 336.95 | 0.232 times |
19 Fri Apr 2024 | 338.10 | 325.05 | 347.40 | 316.05 | 1.291 times |
12 Fri Apr 2024 | 329.35 | 345.80 | 347.05 | 328.50 | 0.571 times |
05 Fri Apr 2024 | 344.05 | 334.15 | 355.35 | 333.00 | 1.319 times |
28 Thu Mar 2024 | 332.50 | 325.00 | 339.90 | 321.70 | 0.804 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 |
23 Tue Apr 2024 | 340.15 | 334.15 | 355.35 | 316.05 | 0.542 times |
28 Thu Mar 2024 | 332.50 | 344.95 | 362.00 | 299.80 | 0.291 times |
29 Thu Feb 2024 | 344.40 | 364.60 | 387.00 | 304.10 | 1.902 times |
31 Wed Jan 2024 | 359.20 | 332.90 | 365.95 | 308.00 | 0.75 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 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 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 mid to longer 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.
ADX buy sell signal for Panama Petrochem stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 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 334.08 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 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.
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 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 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 mid to longer 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.
ADX buy sell signal for Panama Petrochem stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 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 334.08 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 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.
Click here for Panama Petrochem charts
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Daily charts
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