(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 2024-03-15 View latest technical analysis
10 day averaged volume of Panama Petrochem is 174008
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 324.95 | 312.20 | 329.30 | 312.20 | 0.934 times |
14 Thu Mar 2024 | 318.60 | 304.00 | 321.15 | 304.00 | 0.945 times |
13 Wed Mar 2024 | 304.50 | 324.00 | 334.10 | 299.80 | 1.746 times |
12 Tue Mar 2024 | 323.85 | 333.70 | 340.00 | 320.55 | 1.043 times |
11 Mon Mar 2024 | 332.65 | 345.10 | 356.00 | 330.10 | 1.141 times |
07 Thu Mar 2024 | 345.65 | 340.10 | 353.00 | 340.10 | 0.928 times |
06 Wed Mar 2024 | 343.70 | 349.65 | 359.45 | 340.40 | 1.144 times |
05 Tue Mar 2024 | 353.20 | 352.10 | 362.00 | 350.85 | 0.93 times |
04 Mon Mar 2024 | 352.80 | 351.45 | 357.45 | 345.55 | 0.909 times |
02 Sat Mar 2024 | 349.90 | 353.00 | 353.00 | 346.50 | 0.074 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 327.5, but if it comes above 327.5, then a intra day buy could be more profitable.
If you take a sell trade below 327.5, then use 327.5 as stoploss and 308.4 as target. However if you take a buy trade in stock , then use 327.5 as stoploss and 343.46 as target.
Share price targets for Panama Petrochem (PANAMAPET)
Target Type | Value |
Downside Target | 296.85 |
Upside Target | 328.05 |
Upside Target | 340.10 |
Upside Target | 355.00 |
Upside Target | 356.00 |
Upside Target | 362.00 |
Upside Target | 365.95 |
Upside Target | 371.45 |
Upside Target | 387.00 |
Intraday share price targets for Panama Petrochem (PANAMAPET)
Target Type | Value |
Downside Intraday Target | 297.83 |
Downside Intraday Target | 270.72 |
Upside Intraday Target | 354.03 |
Upside Intraday Target | 383.12 |
Upside Intraday Target | 326.92 |
Weekly technical analysis of Panama Petrochem (PANAMAPET)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 324.95 | 345.10 | 356.00 | 299.80 | 1.486 times |
07 Thu Mar 2024 | 345.65 | 351.45 | 362.00 | 340.10 | 0.282 times |
02 Sat Mar 2024 | 349.90 | 358.45 | 387.00 | 341.10 | 0.717 times |
23 Fri Feb 2024 | 358.35 | 334.65 | 371.45 | 328.05 | 1.994 times |
16 Fri Feb 2024 | 333.75 | 320.80 | 341.25 | 304.10 | 1.38 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 Panama Petrochem (PANAMAPET)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 324.95 | 344.95 | 362.00 | 299.80 | 0.183 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 |
29 Fri Dec 2023 | 331.90 | 311.50 | 355.00 | 307.00 | 2.083 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Panama Petrochem in short term and the sell signal is strong.
Panama Petrochem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Panama Petrochem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 331.08 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.
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Panama Petrochem in short term and the sell signal is strong.
Panama Petrochem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Panama Petrochem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 331.08 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.
Click here for Panama Petrochem charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.