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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 2025-01-16 View latest technical analysis

10 day averaged volume of Panama Petrochem is 41595

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	368.20	370.50	371.45	366.25	0.216 times
15 Wed Jan 2025	369.90	372.60	372.60	364.05	0.773 times
14 Tue Jan 2025	370.70	360.00	399.95	360.00	1.849 times
13 Mon Jan 2025	358.85	361.10	375.00	356.45	1.582 times
10 Fri Jan 2025	377.40	368.10	384.95	353.75	1.249 times
09 Thu Jan 2025	368.10	362.85	372.00	361.35	0.641 times
08 Wed Jan 2025	363.40	357.40	364.20	353.15	0.915 times
07 Tue Jan 2025	358.85	364.40	366.05	357.15	0.803 times
06 Mon Jan 2025	362.55	377.40	377.40	359.80	1.023 times
03 Fri Jan 2025	375.75	371.90	381.00	369.95	0.834 times

My analysis of stock is bearish for shortterm, and stock might move down till 361.9 or till 348.2. Use a stoploss of 373.4 and if the stock hits stoploss, then it can shoot up till 384.86

Share price targets for Panama Petrochem (PANAMAPET)

Target Type	Value
Downside Target	306.00
Downside Target	338.15
Downside Target	353.15
Upside Target	381.00
Upside Target	389.85
Upside Target	399.95
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	349.78
Downside Intraday Target	331.37
Upside Intraday Target	393.28
Upside Intraday Target	418.37
Upside Intraday Target	374.87

Weekly technical analysis of Panama Petrochem (PANAMAPET)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	368.20	361.10	399.95	356.45	0.955 times
10 Fri Jan 2025	377.40	377.40	384.95	353.15	1.887 times
03 Fri Jan 2025	375.75	373.85	381.00	360.20	0.777 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

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
16 Thu Jan 2025	368.20	367.90	399.95	353.15	0.3 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a SELL signal for Panama Petrochem in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 367.31 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.