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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 2025-01-01 View latest technical analysis

10 day averaged volume of Panama Petrochem is 44531

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	369.60	367.90	374.75	360.20	0.383 times
31 Tue Dec 2024	366.05	364.30	368.00	361.05	0.364 times
30 Mon Dec 2024	365.00	373.85	374.80	363.20	0.458 times
27 Fri Dec 2024	373.00	376.40	378.60	364.00	1.058 times
26 Thu Dec 2024	376.70	385.00	386.75	375.10	0.371 times
24 Tue Dec 2024	385.50	385.00	394.05	382.00	0.402 times
23 Mon Dec 2024	390.55	402.70	402.70	386.00	1.121 times
20 Fri Dec 2024	399.75	398.80	404.25	389.85	1.395 times
19 Thu Dec 2024	397.75	411.00	416.20	392.25	2.765 times
18 Wed Dec 2024	406.40	404.80	407.95	400.25	1.135 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 376.7, but if it comes above 376.7, then a intra day buy could be more profitable.
If you take a sell trade below 376.7, then use 376.7 as stoploss and 360.6 as target. However if you take a buy trade in stock , then use 376.7 as stoploss and 390.16 as target.

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	306.00
Downside Target	338.15
Downside Target	354.00
Upside Target	374.75
Upside Target	389.85
Upside Target	400.05
Upside Target	402.70
Upside Target	410.00
Upside Target	416.20
Upside Target	424.00

Intraday share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Intraday Target	361.6
Downside Intraday Target	353.6
Upside Intraday Target	376.2
Upside Intraday Target	382.8
Downside Intraday Target	368.2

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	369.60	373.85	374.80	360.20	0.408 times
27 Fri Dec 2024	373.00	402.70	402.70	364.00	0.423 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

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
01 Wed Jan 2025	369.60	367.90	374.75	360.20	0.012 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
31 Thu Oct 2024	380.95	389.05	410.00	354.00	0.651 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 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 but the sell signal is initial and weak.

Panama Petrochem 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 in or below the green 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 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 390.16 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 positive

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