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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 2024-12-24 View latest technical analysis

10 day averaged volume of Panama Petrochem is 62721

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	385.50	385.00	394.05	382.00	0.286 times
23 Mon Dec 2024	390.55	402.70	402.70	386.00	0.796 times
20 Fri Dec 2024	399.75	398.80	404.25	389.85	0.99 times
19 Thu Dec 2024	397.75	411.00	416.20	392.25	1.963 times
18 Wed Dec 2024	406.40	404.80	407.95	400.25	0.806 times
17 Tue Dec 2024	403.40	401.80	410.00	398.05	0.661 times
16 Mon Dec 2024	401.80	407.30	409.90	400.00	0.533 times
13 Fri Dec 2024	407.20	403.55	410.00	392.00	0.876 times
12 Thu Dec 2024	403.55	397.00	405.90	390.05	1.036 times
11 Wed Dec 2024	399.95	391.45	403.30	387.25	1.198 times

My analysis of stock is bullish for shortterm, and stock might move up till 407.1 or till 433.8. Use a stoploss of 384.85 and if this stock hits its stoploss, then it can fall down till 362.61

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	306.00
Downside Target	321.50
Downside Target	338.15
Downside Target	349.20
Downside Target	380.00
Upside Target	400.05
Upside Target	402.70
Upside Target	410.00
Upside Target	416.20
Upside Target	424.00
Upside Target	427.20

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	377.43
Downside Intraday Target	369.37
Upside Intraday Target	398.13
Upside Intraday Target	410.77
Upside Intraday Target	390.07

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	385.50	402.70	402.70	382.00	0.218 times
20 Fri Dec 2024	399.75	407.30	416.20	389.85	1.059 times
13 Fri Dec 2024	407.20	395.75	410.00	380.00	0.418 times
06 Fri Dec 2024	395.75	341.65	400.05	338.15	2.836 times
29 Fri Nov 2024	346.25	328.65	349.20	321.50	0.622 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
24 Tue Dec 2024	385.50	341.65	416.20	338.15	0.995 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
30 Mon Sep 2024	387.15	424.00	424.00	385.00	0.581 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal for Panama Petrochem in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Panama Petrochem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Panama Petrochem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 400.22 and Panama Petrochem (PANAMAPET) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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