(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 2024-03-13 View latest technical analysis
10 day averaged volume of Panama Petro is 13620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 304.25 | 330.75 | 332.25 | 300.95 | 2.69 times |
| 12 Tue Mar 2024 | 324.40 | 326.20 | 334.55 | 321.60 | 0.509 times |
| 11 Mon Mar 2024 | 331.95 | 345.55 | 355.00 | 330.85 | 0.8 times |
| 07 Thu Mar 2024 | 345.30 | 341.00 | 355.55 | 341.00 | 0.634 times |
| 06 Wed Mar 2024 | 343.75 | 351.30 | 354.65 | 340.65 | 1.837 times |
| 05 Tue Mar 2024 | 353.30 | 358.35 | 361.65 | 351.10 | 1.308 times |
| 04 Mon Mar 2024 | 352.95 | 352.30 | 356.85 | 346.20 | 0.728 times |
| 02 Sat Mar 2024 | 349.25 | 356.35 | 356.35 | 340.95 | 0.206 times |
| 01 Fri Mar 2024 | 352.65 | 349.75 | 355.55 | 347.35 | 0.62 times |
| 29 Thu Feb 2024 | 344.65 | 353.40 | 353.40 | 341.25 | 0.924 times |
Stock of Panama Petro (PanamaPetro) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 312.3, for a target of 329.9 or 344.56
Share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Target | 300.45 |
| Upside Target | 307.20 |
| Upside 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 | 285.13 |
| Downside Intraday Target | 266.02 |
| Upside Intraday Target | 339.18 |
| Upside Intraday Target | 374.12 |
| Upside Intraday Target | 320.07 |
Weekly technical analysis of Panama Petro (PanamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 304.25 | 345.55 | 355.00 | 300.95 | 0.887 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 |
| 13 Wed Mar 2024 | 304.25 | 349.75 | 361.65 | 300.95 | 0.177 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 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 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 Petro ( (PanamaPetro) ) 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 Petro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Panama Petro in short term and the sell signal is strong.
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 red color and prices are below the red 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 negative zone. This is the SELL 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 334.21 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 negative.
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 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 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 Petro ( (PanamaPetro) ) 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 Petro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Panama Petro in short term and the sell signal is strong.
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 red color and prices are below the red 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 negative zone. This is the SELL 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 334.21 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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