(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 2024-03-11 View latest technical analysis
10 day averaged volume of Panama Petro is 29273
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 331.95 | 345.55 | 355.00 | 330.85 | 0.372 times |
| 07 Thu Mar 2024 | 345.30 | 341.00 | 355.55 | 341.00 | 0.295 times |
| 06 Wed Mar 2024 | 343.75 | 351.30 | 354.65 | 340.65 | 0.855 times |
| 05 Tue Mar 2024 | 353.30 | 358.35 | 361.65 | 351.10 | 0.609 times |
| 04 Mon Mar 2024 | 352.95 | 352.30 | 356.85 | 346.20 | 0.339 times |
| 02 Sat Mar 2024 | 349.25 | 356.35 | 356.35 | 340.95 | 0.096 times |
| 01 Fri Mar 2024 | 352.65 | 349.75 | 355.55 | 347.35 | 0.289 times |
| 29 Thu Feb 2024 | 344.65 | 353.40 | 353.40 | 341.25 | 0.43 times |
| 28 Wed Feb 2024 | 344.10 | 363.30 | 363.30 | 342.45 | 1.132 times |
| 27 Tue Feb 2024 | 355.45 | 377.35 | 377.90 | 353.60 | 1.688 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 331.3 as stoploss in an intra day buy trade for a target of 344.92. However, stock will show a bearish move below 331.3.
Share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Target | 300.45 |
| Downside Target | 307.20 |
| Downside Target | 326.95 |
| Upside Target | 340.65 |
| Upside Target | 355.00 |
| 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 | 323.53 |
| Downside Intraday Target | 315.12 |
| Upside Intraday Target | 347.68 |
| Upside Intraday Target | 363.42 |
| Upside Intraday Target | 339.27 |
Weekly technical analysis of Panama Petro (PanamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 331.95 | 345.55 | 355.00 | 330.85 | 0.178 times |
| 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 |
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 |
| 11 Mon Mar 2024 | 331.95 | 349.75 | 361.65 | 330.85 | 0.116 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 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 Petro (PanamaPetro)
Price action analysis of Panama Petro ( (PanamaPetro) ) 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 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 to mid 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 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 SELL. 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 coming down
CCI has generated a SELL signal for Panama Petro in short term and SELL signal is strong!
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 Petro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 348.44 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 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 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 to mid 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 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 SELL. 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 coming down
CCI has generated a SELL signal for Panama Petro in short term and SELL signal is strong!
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 Petro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 348.44 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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