(PanamaPetro) Panama Petro complete technical analysis [charts+indicators] | Buy/Sell Panama Petro | (PanamaPetro) share price targets
Complete technical analysis of Panama Petro (PanamaPetro) by charts plus indicators, forecast predictions and share price targets for Panama Petro (PanamaPetro)
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Panama Petro is 30850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 345.30 | 341.00 | 355.55 | 341.00 | 0.28 times |
| 06 Wed Mar 2024 | 343.75 | 351.30 | 354.65 | 340.65 | 0.811 times |
| 05 Tue Mar 2024 | 353.30 | 358.35 | 361.65 | 351.10 | 0.578 times |
| 04 Mon Mar 2024 | 352.95 | 352.30 | 356.85 | 346.20 | 0.321 times |
| 02 Sat Mar 2024 | 349.25 | 356.35 | 356.35 | 340.95 | 0.091 times |
| 01 Fri Mar 2024 | 352.65 | 349.75 | 355.55 | 347.35 | 0.274 times |
| 29 Thu Feb 2024 | 344.65 | 353.40 | 353.40 | 341.25 | 0.408 times |
| 28 Wed Feb 2024 | 344.10 | 363.30 | 363.30 | 342.45 | 1.074 times |
| 27 Tue Feb 2024 | 355.45 | 377.35 | 377.90 | 353.60 | 1.601 times |
| 26 Mon Feb 2024 | 372.05 | 360.95 | 387.05 | 354.55 | 4.051 times |
My analysis of stock is bullish for shortterm, and stock might move up till 359.7 or till 379. Use a stoploss of 343.52 and if this stock hits its stoploss, then it can fall down till 327.38
Share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Target | 300.45 |
| Downside Target | 307.20 |
| Downside Target | 326.95 |
| Downside Target | 340.95 |
| Upside Target | 357.55 |
| Upside Target | 361.65 |
| Upside Target | 366.00 |
| Upside Target | 371.10 |
| Upside Target | 387.05 |
Intraday share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Intraday Target | 336.75 |
| Downside Intraday Target | 328.2 |
| Upside Intraday Target | 357.75 |
| Upside Intraday Target | 370.2 |
| Upside Intraday Target | 349.2 |
Weekly technical analysis of Panama Petro (PanamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 345.30 | 352.30 | 361.65 | 340.65 | 0.265 times |
| 02 Sat Mar 2024 | 349.25 | 360.95 | 387.05 | 340.95 | 1.25 times |
| 23 Fri Feb 2024 | 358.60 | 334.25 | 371.10 | 326.95 | 2.117 times |
| 16 Fri Feb 2024 | 333.70 | 324.90 | 340.65 | 300.90 | 0.744 times |
| 09 Fri Feb 2024 | 318.65 | 334.45 | 334.45 | 309.65 | 0.44 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 Petro (PanamaPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 345.30 | 349.75 | 361.65 | 340.65 | 0.101 times |
| 29 Thu Feb 2024 | 344.65 | 365.00 | 387.05 | 300.90 | 1.595 times |
| 31 Wed Jan 2024 | 358.20 | 331.15 | 366.00 | 307.80 | 0.996 times |
| 29 Fri Dec 2023 | 332.40 | 312.95 | 357.55 | 307.20 | 2.094 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 Petro (PanamaPetro)
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short 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
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short 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 Petro ( (PanamaPetro) ) 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 Petro ( (PanamaPetro) ) 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 Panama Petro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Panama Petro in short term but the sell signal is initial and weak.
Panama Petro 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 Petro 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 Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 359.13 and Panama Petro (PanamaPetro) 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 Petro (PanamaPetro) stock. Volume based technical analysis of Panama Petro (PanamaPetro) stock is negative.
Panama Petro 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.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short 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
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short 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 Petro ( (PanamaPetro) ) 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 Petro ( (PanamaPetro) ) 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 Panama Petro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Panama Petro in short term but the sell signal is initial and weak.
Panama Petro 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 Petro 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 Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 359.13 and Panama Petro (PanamaPetro) 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 Petro (PanamaPetro) stock. Volume based technical analysis of Panama Petro (PanamaPetro) stock is negative.
Panama Petro 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.
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