(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 2024-03-20 View latest technical analysis
10 day averaged volume of Panama Petro is 13713
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 321.90 | 320.80 | 326.20 | 313.55 | 0.512 times |
| 19 Tue Mar 2024 | 317.60 | 329.50 | 329.90 | 314.00 | 0.414 times |
| 18 Mon Mar 2024 | 323.10 | 322.60 | 332.55 | 321.70 | 0.711 times |
| 15 Fri Mar 2024 | 327.35 | 312.45 | 329.10 | 312.45 | 0.594 times |
| 14 Thu Mar 2024 | 318.15 | 298.20 | 320.45 | 298.20 | 0.555 times |
| 13 Wed Mar 2024 | 304.25 | 330.75 | 332.25 | 300.95 | 2.671 times |
| 12 Tue Mar 2024 | 324.40 | 326.20 | 334.55 | 321.60 | 0.506 times |
| 11 Mon Mar 2024 | 331.95 | 345.55 | 355.00 | 330.85 | 0.795 times |
| 07 Thu Mar 2024 | 345.30 | 341.00 | 355.55 | 341.00 | 0.63 times |
| 06 Wed Mar 2024 | 343.75 | 351.30 | 354.65 | 340.65 | 1.824 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 322.7, but if it comes above 322.7, then a intra day buy could be more profitable.
If you take a sell trade below 322.7, then use 322.7 as stoploss and 301.9 as target. However if you take a buy trade in stock , then use 322.7 as stoploss and 340.05 as target.
Share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Target | 298.20 |
| Downside 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 | 312.78 |
| Downside Intraday Target | 303.67 |
| Upside Intraday Target | 331.78 |
| Upside Intraday Target | 341.67 |
| Upside Intraday Target | 322.67 |
Weekly technical analysis of Panama Petro (PanamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 321.90 | 322.60 | 332.55 | 313.55 | 0.32 times |
| 15 Fri Mar 2024 | 327.35 | 345.55 | 355.00 | 298.20 | 1.144 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 |
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 |
| 20 Wed Mar 2024 | 321.90 | 349.75 | 361.65 | 298.20 | 0.23 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 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 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 323.74 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 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 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 323.74 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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