Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PETRONET) Petronet Lng complete technical analysis [charts+indicators] | Buy/Sell Petronet Lng | (PETRONET) share price targets

Complete technical analysis of Petronet Lng (PETRONET) by charts plus indicators, forecast predictions and share price targets for Petronet Lng (PETRONET)

Petronet Lng trades in NSE in Oil Marketing & Distribution sector.

Showing technical analysis as on 2024-08-30 View latest technical analysis

10 day averaged volume of Petronet Lng is 2652710

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	367.30	366.70	370.90	366.50	1.783 times
29 Thu Aug 2024	365.55	367.00	369.80	361.05	0.985 times
28 Wed Aug 2024	367.85	369.50	370.90	366.60	0.664 times
27 Tue Aug 2024	369.35	370.10	371.40	365.65	0.936 times
26 Mon Aug 2024	370.10	372.80	372.80	369.15	0.697 times
23 Fri Aug 2024	370.80	379.55	381.00	370.10	0.579 times
22 Thu Aug 2024	381.20	379.60	382.50	377.70	0.848 times
21 Wed Aug 2024	377.60	384.00	384.20	375.05	2.091 times
20 Tue Aug 2024	378.40	375.85	381.80	375.85	1.31 times
19 Mon Aug 2024	375.45	370.00	380.45	370.00	1.1 times

My analysis of stock is bearish for shortterm, and stock might move down till 362 or till 354.1. Use a stoploss of 368.48 and if the stock hits stoploss, then it can shoot up till 375

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	253.40
Downside Target	262.20
Downside Target	291.40
Downside Target	318.75
Downside Target	334.05
Downside Target	350.50
Downside Target	360.25
Upside Target	370.00
Upside Target	372.80
Upside Target	375.60
Upside Target	376.45
Upside Target	377.95
Upside Target	384.20

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	361.3
Downside Intraday Target	355.3
Upside Intraday Target	373.05
Upside Intraday Target	378.8
Downside Intraday Target	367.05

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	367.30	372.80	372.80	361.05	0.855 times
23 Fri Aug 2024	370.80	370.00	384.20	370.00	1.387 times
16 Fri Aug 2024	370.90	364.35	375.60	361.85	0.542 times
09 Fri Aug 2024	366.70	354.00	370.75	350.50	0.933 times
02 Fri Aug 2024	362.40	370.95	376.45	360.25	0.469 times

Price has moved down 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 Petronet Lng (PETRONET)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	367.30	371.90	384.20	350.50	0.579 times
31 Wed Jul 2024	368.50	333.00	377.95	321.20	1.003 times
28 Fri Jun 2024	330.25	309.30	334.05	253.40	0.899 times
31 Fri May 2024	297.35	310.50	323.15	291.40	0.704 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 Petronet Lng (PETRONET)

Price action analysis of Petronet Lng ( (PETRONET) ) 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 Petronet Lng ( (PETRONET) ) 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 Petronet Lng ( (PETRONET) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Petronet Lng ( (PETRONET) ) 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 Petronet Lng stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Petronet Lng in short term but the sell signal is initial and weak.

Petronet Lng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Petronet Lng in short term but BUY 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 Petronet Lng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 372.88 and Petronet Lng (PETRONET) 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 Petronet Lng (PETRONET) stock. Volume based technical analysis of Petronet Lng (PETRONET) stock is negative.

Petronet Lng Stock has given negative 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.